2012•Logistics TechnologyRequires access

Review of Literatures on Inventory Management for Slow-moving Spare Parts

Ma Xiaohan -

Open publisher page 0 citations

Abstract

The paper first introduces the knowledge related to the inventory and category of spare parts and then reviews the literatures on the demand forecasting for the slow-moving spare parts as well as their inventory models and algorithms.As for the demand forecasting,the paper mainly analyzes several commonly used forecasting methods and as for the models and algorithms,the paper studies the developmental course of the inventory management modes,more specifically from the single-echelon to the multi-echelon and then to the joint and collaborative inventory model.Finally it points out the deficiency of these studies as well as several directions worthy of more attention in this research field

About this research paper

What this paper is about

The paper first introduces the knowledge related to the inventory and category of spare parts and then reviews the literatures on the demand forecasting for the slow-moving spare parts as well as their inventory models and algorithms.As for the demand forecasting,the paper mainly analyzes several commonly used forecasting methods and as for the models and algorithms,the paper studies the developmental course of the inventory management modes,more specifically from the single-echelon to the multi-echelon and then to the joint and collaborative inventory model.Finally it points out the deficiency of these studies as well as several directions worthy of more attention in this research field

Why it matters

A significance statement is not available in the OpenAlex record.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

The paper first introduces the knowledge related to the inventory and category of spare parts and then reviews the literatures on the demand forecasting for the slow-moving spare parts as well as their inventory models and algorithms.As for the demand forecasting,the paper mainly analyzes several commonly used forecasting methods and as for the models and algorithms,the paper studies the developmental course of the inventory management modes,more specifically from the single-echelon to the multi-echelon and then to the joint and collaborative inventory model.Finally it points out the deficiency of these studies as well as several directions worthy of more attention in this research field

Key concepts: Spare part, Inventory management, Inventory theory, Computer science, Operations research, Demand forecasting, Operations management, Inventory control

Related papers

Back to paper searchBrowse research topicsOriginal source
Review of Literatures on Inventory Management for Slow-moving Spare Parts — Research Paper | ScholarLens