Inventory Management of Spare Parts in Andal Depot Eastern Railway India
Journal Title: International Journal for Research in Applied Science and Engineering Technology (IJRASET) - Year 2017, Vol 5, Issue 6
Abstract
although inventory management has significantly developed in the past years as a management discipline, its application is still minimal in the service industry and government. In contrast, it is an important tool for any company that is running a competitive business. The management of some companies considers inventory as an asset, not a liability. In this paper, an attempt has been made to enhance the profit through optimization of transportation costs and repair costs of inventory management system for andal depot in eastern railway using general algebraic modeling system (gams). It is found during the data collection period that andal depot or the entire indian railway depot is following the conventional methods for their analysis and management, they have not adopted any latest analysis tool for the depot management of spare parts. The raw data collected from the andal depot has been analyzed on the basis of their average annual consumption in terms of rupees through abc analysis. Spare parts items are classified under three classes namely a, b and c respectively. Out of 1468 items 89,157 and 1222 items falls under a, b and c class items respectively and criticality of the items in each class is discussed.
Authors and Affiliations
Dr. G. Nagasubramaniyan, Mr. Alok Kumar
Keywords
Related Articles
- EP ID EP24433
- DOI -
- Views 316
- Downloads 10
A Study of Environmental Impact Assessment of Highway Adjoining Industrial Estate
In the present study, Environmental Assessment of Highway adjoining to Deoria Industrial Developmental Authority (USSRA BAJAR) Project Area is carried out with a view to look into the present status of environmental qua...
High Performance Cloud Computing
Abstract- HPC applications nowadays are gaining huge attention in cloud computing arena. Majority of the HPC applications are used for scientific applications or purposes. They require huge CPU usage and tremendous data...
Classification of River Water Quality Using Irrigation Indices – A Case Study of River Godavari
Rapid industrialization and growth of population put enormous pressure on water resources of the country. Because of inadequate surface water, the demand for ground water has increased. Eighteen ground water samples wer...
Sorting of Assembly Parts Using Automation
In Lock and Key manufacturing industries the quality check of keys and lock parts is done manually using various gauges, callipers and visual check. This manual checking is very slow & also erroneous and human-dependent...
An Attack Resistant of Malicious Nodes for Securing Vehicular Adhoc Networks by an Encryption Alert
Vehicular Ad hoc Network (VANET) is an autonomous wireless network comprising of moving vehicles. A small communication unit is installed in the devices that are capable of transmitting its GPS (Global Positioning Syste...