We considered a mixed corrective maintenance policy for machines in a two-machine onebuffer flow line. The machines had stochastic processing times and suffered from unexpected failures. In the case of a failure, the machines were either minimally repaired or their failing components were...

Aftersales services are an important business component for companies and Original Equipment Manufacturers (OEMs) aim to design their service supply chain before the introduction of their products to the market. For OEMs, mathematical models are important for projecting future volumes of their...

Spare parts inventory management represents a challenge for aircraft companies. Determining the optimal allocation and consumption of spare parts is problematic due to the intermittent demand. Original equipment manufacturer (OEM) uses different models to evaluate inventory stock level to avoid...

Supply chain and logistics management for spare parts is of key importance in the maritime industry, in order to ensure high availability and reliability of assets, while keeping operating costs in acceptable levels. Supply chain and logistics operations for spare parts incorporate high...

Inventory optimization approaches typically optimize steady-state performance, but do not consider the transition of an initial state to the optimized state. In this study, we address this transition. Our research is motivated by a company that implemented an improved inventory policy for its...

Additive manufacturing, also known as 3D printing, has the potential to shift supply chains from global networks that rely on centralized production with traditional manufacturing technologies to mainly digital networks with distributed, local printing. Particularly well positioned to drive this...

Purpose: The main purpose of this paper is to propose a methodological approach and a decision support tool, based on prescriptive analytics, to enable bulk ordering of spare parts for shipping companies operating fleets of vessels. The developed tool utilises machine learning and operations...

Purpose: Managing the inventory of spare parts is very difficult because of the stochastic nature of part's demand. Also, only controlling the inventory of the spare part is not enough; instead, the supply chain of the spare part needs to be managed efficiently. Moreover, every organization now...

"This comprehensive Handbook provides an overview of state-of-the-art research on quantitative models for inventory management. Despite over half a century's progress, inventory management remains a challenge, as evidenced by the recent Covid-19 pandemic. With an expanse of world-renowned...

Purpose: This manuscript explores the link between Spare Parts Management and Total Costs of Ownership or Life Cycle Costs (LCC). Design/methodology/approach: First, this work enumerates the different managerial decisions instances in spare parts management that are present during the life cycle...

Purpose: The production costs of offshore wind energy are currently very high compared to other means of energy production. During the operational phase of an offshore wind park 17% of the operational costs are logistics cost. To reduce the costs, innovative strategies have to be implemented,...

Additive manufacturing (AM), also known as 3D printing, has the potential to shift supply chains from global networks that rely on centralized production with traditional manufacturing technologies to largely digital networks with decentralized, local 3D printing, i.e., digital inventory. One...

We present a general framework to study the design of spare parts logistics in the presence of 3D printing technology. We consider multiple parts facing stochastic demands, and adopt procure/manufacture-to-stock versus print-on-demand to highlight the main difference of production modes featured...