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21 – 30 of over 12000Nasser Zaky, Mohamed Zaky Ahmed, Ali Alarjani and El-Awady Attia
This study aims to improve the market competitiveness of iron and steel manufacturers in developing countries by reducing their production costs.
Abstract
Purpose
This study aims to improve the market competitiveness of iron and steel manufacturers in developing countries by reducing their production costs.
Design/methodology/approach
The research methodology relies on a case study-based approach. The study relies on six steps. The first is the preparation, then the five steps of the six-sigma – define, measure, analyze, improve, control. The qualitative and quantitative data were considered. The qualitative analysis relies on the experts’ judgment of internal status. The quantitative analysis uses the job floor data from three iron and steel manufacturers. After collecting, screening and analyzing the data, the root causes of the different wastes were identified that increase production costs. Consequently, lean manufacturing principles and tools are identified and prioritized using the decision-making trial and evaluation laboratory method, and then implemented to reduce the different types of waste.
Findings
The main wastes are related to inventory, time, quality and workforce. The lean tools were proposed with the implementation plan for the discovered root causes. The performance was monitored during and after the implementation of the lean initiatives in one of the three companies. The obtained results showed an increase in some performance indicators such as throughput (70.6%), revenue from by-products (459%), inventory turnover (54%), operation availability (45%), and plant availability (41%). On the other hand, results showed a decrease of time delay (78%), man-hour/ton (52.4%) and downgraded products (63.3%).
Practical implications
The current case study findings can be utilized by Iron and Steel factories at the developing countries. In addition, the proposed lean implementation methodology can be adopted for any other industries.
Social implications
The current work introduces an original and practical road map to implement the lean six-sigma body of knowledge in the iron and steel manufacturers.
Originality/value
This work introduces an effective and practical case study-based approach to implementing the lean six-sigma body of knowledge in the iron and steel manufacturers in one of the underdevelopment countries. The consideration of the opinion of the different engineers from different sectors shows significant identification of the major problems in the manufacturing and utility sectors that lead to significant performance improvement after solving them.
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The current information system use in quality management and ISO 9000 certification process is typically utilized in administration and documentation. The existing software do not…
Abstract
The current information system use in quality management and ISO 9000 certification process is typically utilized in administration and documentation. The existing software do not satisfy the technical information needs for ISO 9000. There is a need for tools that can help management to decide on technical aspects such as proper corrective and preventive actions or design verification and validation activities. This paper analyzes the information requirements of ISO 9000 standards and identifies the areas where a decision support system can be used. Further, it proposes a conceptual framework for company‐wide information management, while it explains the modular approach to the system development by introducing and empirically testing the prototype model for a corrective and preventive actions module. The proposed system will provide the conceptual structure for a quality assurance information system within organizations.
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Leandro Reis Muniz, Samuel Vieira Conceição, Lásara Fabrícia Rodrigues, João Flávio de Freitas Almeida and Tãssia Bolotari Affonso
The purpose of this paper is to present a new hybrid approach based on criticality analysis and optimisation to deal with spare parts inventory management in the initial…
Abstract
Purpose
The purpose of this paper is to present a new hybrid approach based on criticality analysis and optimisation to deal with spare parts inventory management in the initial provisioning phase in the mining industry. Spare parts represent a significant part of mining companies' expenditures, so it is important to develop new approaches to reduce the total inventory value of these items.
Design/methodology/approach
This hybrid approach combines qualitative and quantitative methods based on VED (vital, essential and desirable) analysis, analytical hierarchical process (AHP), and e-constraint optimisation method to obtain the spare parts to be stocked. The study was applied to a large mining company. The mineral sector was chosen due to the great importance to the emerging Brazilian economy and the lack of researches in this sector. In addition, the spare parts have a relevant weight on the total inventory cost.
Findings
Present a novel approach combining multi-objective optimisation and multi-criteria evaluation approaches to tackle the inventory decision in spare parts management. This work also defines and classifies relevant criteria for spare parts management in the mineral sector validated by specialists. The proposed approach achieves an average increase of 20.2% in the criticality and 16.6% in the number of items to be stocked compared to the historical data of the surveyed company.
Research limitations/implications
This paper applies the proposed approach to a mining company in Brazil. Future research in other companies or regions should analyse the adequacy of the criticality criteria, hierarchy and weights adopted in this paper.
Practical implications
The proposed approach is useful for mining industries that deal with a large variety of resource constraints as it helps in formulating appropriate spare part strategies to rationalise financial resources at both tactical and strategic levels.
Originality/value
The paper presents a new hybrid method combining the AHP a multi-criteria decision making (MCDM) approach coupled with e-constraint optimisation to deal with spare parts inventory management allowing for a better spare parts inventory analysis in the initial provisioning phase and providing managers with a systematic tool to analyse the trade-off between spare parts criticality and total inventory value.
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Marcello Braglia, Andrea Grassi and Roberto Montanari
Inventory constraints, costs of lost production, safety and environmental objectives, strategies of maintenance adopted, logistics aspects of spare parts are some of the criteria…
Abstract
Inventory constraints, costs of lost production, safety and environmental objectives, strategies of maintenance adopted, logistics aspects of spare parts are some of the criteria taken into account, and spare parts classification is thus defined with respect to multiple attributes. In virtue of the large number of the potential operational characteristics to be considered, the decision diagram is integrated with a set of analytic hierarchy process models used to solve the various multi‐attribute decision sub‐problems at the different levels/nodes of the decision tree. An inventory policy matrix is defined to link the different classes of spare parts with the possible inventory management policies so as to identify the “best” control strategy for the spare stocks. The principles of the theory and an actual application in a company operating in the paper industry are reported in the paper.
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Konstantinos Danas, Abdul Roudsari and Panayiotis H. Ketikidis
To introduce the applicability of the Ned‐MASTA classification method for medicines within the environment of a hospital pharmacy and the virtual pharmacy inventory system that…
Abstract
Purpose
To introduce the applicability of the Ned‐MASTA classification method for medicines within the environment of a hospital pharmacy and the virtual pharmacy inventory system that forms a virtual pharmacy inventory of hospitals within the same geographical region providing the infrastructure for the cooperation of hospital pharmacies in order to improve the efficiency of their operations.
Design/methodology/approach
A survey that was conducted in Greek hospitals identified the inefficiencies of their logistics systems that are similar to inefficiencies identified through surveys in hospitals worldwide. It was considered vital and necessary to investigate the solutions that are provided in other industries facing similar problems. The case of spare parts inventory for production machines was found to present similarities with the management of medicine stock within the hospital pharmacy. The approach that was followed for the case of spare parts was modified and included in the system that forms a virtual hospital pharmacy inventory; this made the approach applicable in the hospital environment and further improved the efficiency of the use of hospital pharmacy resources.
Findings
The MASTA classification approach was modified to fit in the operation of the hospital pharmacy and a system was constructed to form the virtual pharmacy inventory. The applicability of the system is demonstrated through an application scenario.
Research limitations/implications
The system is in the form of a prototype under evaluation. It has not been applied yet thus results that are based on actual applications are not presented.
Practical implications
It demonstrates the idea of a solution to the inefficiencies of the hospital pharmacy and sets the ground for discussing the proposed solution.
Originality/value
This study introduces a new approach to the problems and inefficiencies of the hospital pharmacy management.
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A.A. Syntetos, M. Keyes and M.Z. Babai
Spare parts have become ubiquitous in modern societies and managing their requirements is an important and challenging task with tremendous cost implications for the organisations…
Abstract
Purpose
Spare parts have become ubiquitous in modern societies and managing their requirements is an important and challenging task with tremendous cost implications for the organisations that are holding relevant inventories. An important operational issue involved in the management of spare parts is that of categorising the relevant stock keeping units (SKUs) in order to facilitate decision‐making with respect to forecasting and stock control and to enable managers to focus their attention on the most “important” SKUs. This issue has been overlooked in the academic literature although it constitutes a significant opportunity for increasing spare parts availability and/or reducing inventory costs. Moreover, and despite the huge literature developed since the 1970s on issues related to stock control for spare parts, very few studies actually consider empirical solution implementation and with few exceptions, case studies are lacking. Such a case study is described in this paper, the purpose of which is to offer insight into relevant business practices.
Design/methodology/approach
The issue of demand categorisation (including forecasting and stock control) for spare parts management is addressed and details reported of a project undertaken by an international business machine manufacturer for the purpose of improving its European spare parts logistics operations. The paper describes the actual intervention within the organisation in question, as well as the empirical benefits and the lessons learned from such a project.
Findings
This paper demonstrates the considerable scope that exists for improving relevant real word practices. It shows that simple well‐informed solutions result in substantial organisational savings.
Originality/value
This paper provides insight into the empirical utilisation of demand categorisation theory for forecasting and stock control and provides some very much needed empirical evidence on pertinent issues. In that respect, it should be of interest to both academics and practitioners.
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This article examines inventory control problems in developing countries using the results of a field study conducted in the industrial sector of a developing country. It is shown…
Abstract
This article examines inventory control problems in developing countries using the results of a field study conducted in the industrial sector of a developing country. It is shown that ineffective inventory control is a major problem faced by industries in developing countries and that even the very basic inventory control concepts and techniques are not used by the majority of the companies studied. Due to the heavy reliance on imported industrial raw materials and parts, and the endemic bureaucratic delays and associated communication problems in developing countries, order lead times cannot be computed with any degree of accuracy. Therefore manufacturers attempt to overcome the uncertainty by carrying excessive amounts of buffer stocks.
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Group technology has become an important and viable approach to manufacturing systems, and provides significant benefits in inventory management, production process flow…
Abstract
Group technology has become an important and viable approach to manufacturing systems, and provides significant benefits in inventory management, production process flow, throughput efficiency, tooling, and purchasing. It focuses on classification systems as the main approach, as opposed to production flow analysis. Many firms try to use a code such as a GT code as a means of both classifying and identifying components. This article points to some of the pitfalls that accompany this practice, and advocates the use of independent systems—one for identification and others for classification; thus, separating these two functions.
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Maha Al-Kasasbeh, Osama Abudayyeh and Hexu Liu
Asset inventory is an essential part of any building asset management system and is needed by such functions as condition assessment and deterioration prediction. Previous studies…
Abstract
Purpose
Asset inventory is an essential part of any building asset management system and is needed by such functions as condition assessment and deterioration prediction. Previous studies in asset management systems have suggested the use of one of the many standard construction classification systems, such as UniFormat or MasterFormat, in achieving the goals of asset management. However, each classification system has its unique features, and it has been developed for different purposes and may not necessarily be directly adaptable to asset management. A proper classification system is thus needed to achieve the goals of building asset management effectively. Such a system must take into consideration the objectives and functions of asset management. Therefore, the purpose of this paper is to establish a unified work breakdown structure (WBS)-based framework for building asset inventory.
Design/methodology/approach
The WBS-based framework aims to cover the entire lifecycle of an asset so as to provide the unified classification system for asset inventory. The proposed framework is developed based on appropriate building standards. Also, comprehensive levels of details are included for space functions and locations for all assets in any type of building. Furthermore, this framework takes into consideration utilities in any kind of building project. As such, the WBS-based framework proposed in this research endeavor provides the basis for effective asset management. An educational building case study is presented and discussed to demonstrate the effectiveness of the proposed framework for asset management.
Findings
The unified WBS-based framework for building asset management effectively classifies asset inventories and facilitates decision-making in asset management during the lifecycle of an asset.
Originality/value
This research synthesizes a unified WBS-based framework for building asset management, which allows for a more effective lifecycle building asset management.
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Richard A. Lancioni and Keith Howard
Inventory management is an extremely important function to any business, since inadequacies in control can result in serious problems. If inventories are managed in an inefficient…
Abstract
Inventory management is an extremely important function to any business, since inadequacies in control can result in serious problems. If inventories are managed in an inefficient manner, it is likely that delays in production, dissatisfied customers, or curtailment of working capital will result.