Optimisation of spare parts inventories in a selected organisation.

Kuzmenko, Aleksei

The present diploma project deals with the analysis of maintenance and optimization of spare parts inventory in a selected organization operating in automotive industry. Theoretical and methodological part of the study reviews main approaches as well as existing methods and tools of effective inventory management. The empirical research was conducted at the VALEO AUTOKLIMATIZACE k.s., located in Rakovník, Czech Republic. It manufactures heating, air conditioning units and control panels for automotive industry. The analysis of spare parts inventory was done with the use of MS Excel with the purpose of determining the proper safety stock quantity for each spare parts component. The service level, standard deviation of consumption and lead time factor were selected as determinants (influencing parameters) for the analysis. In accordance to Pareto principle the spare parts components were categorized into three groups, namely, high, medium, and low value items. As a result of the research the calculation method of optimum level for inventory was suggested to support the company's SAP enterprise resource planning system. Applying the revealed calculation method the value of inventory average for 2016 was reduced by 1 356 492 CZK at 98% service level with minimum probability of stock outs.

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