An Application of Classical Inventory Analysis to a Spare Parts Inventory

A. Dale Flowers and James B. O'Neill
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A. Dale Flowers: Associate Professor of Production/Operations Management, Texas Tech University, Lubbock, Texas 79409
James B. O'Neill: Plant Buyer, Devro, Incorporated, Lubbock, Texas

Interfaces, 1978, vol. 8, issue 2, 76-79

Abstract: The maintenance of adequate spare parts inventories to insure continuous operation of capital intensive manufacturing facilities is an important objective for a practicing manager. In this application project, classical ABC analysis was used to analyze a spare parts inventory of a small but highly automated manufacturing facility in an effort to obtain better inventory control. The results have been implemented and have resulted in operating improvements.

Date: 1978
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