Tools For Decision  
   Modern Inventory MGMT & Spares Modeling   









 
 
 
 
 

Systems Exchange Seminars, Timely solutions for today's logistics professionals worldwide
Modern Inventory Management and Spares Modeling
Seminar Presented by Robert Butler, Kevin Griffiths, John Millhouse, Chris Hampson

Next Seminar: TBD

Sign up: seminars@tfdg.com or call 831-649-3800.

Tuition: $500
Includes seminar, documentation, lunches and refreshments.

About the Seminar
Recent advances in spares management and modeling are changing the supply chain management landscape. As with other logistic disciplines involving analysis and optimization, TFD Group has been in the forefront of these new methodological developments. This seminar has been created to inform senior management of these advances and show how they can be used to improve the creation and management of the simplest or most complex supply chain.
 
The course is aimed at senior management. Although the topics are frequently technical and some mathematical and modeling background will be useful, it is not necessary. The course is much more oriented toward the introduction of a conceptual framework with which a non-technical manager can understand and guide the discussion of how his or her company or agency can move forward in improving the management of the supply chain. The basic concepts used in decision-aiding mathematical models are discussed to the level needed to gain a reasonable understanding of their application and capabilities – as well as their short-comings. These concepts are then applied to the expanded discussion of where the field is going and what new capabilities are now available.
 
Course Outline

Day One Morning: Basics Theory and Tool Comparison

Basic Theory

The saw-tooth inventory model and single item modeling

EDCAS®-style single item quasi-optimization using unit prices

System modeling using marginal analysis

Multi-echelon, multi-system and special attribute modeling

Available spares models compared

VMetric®, OPUS and US government models: ASM, SESAME, ACIM,CARES/ARROWS

Fast heuristic algorithms

The rest (single item models)

Day One Afternoon: Spares Management – a Different Problem

Frailties of steady state optimization modeling

Optimal response to daily changes

The effect of maintenance decisions and total asset visibility

Day One Evening: Reception and Barbeque

Day Two: Introduction to VMetric® Inputs, Processing and Outputs

General Introduction to the TFD Data Vault and TDX™

VMetric-specific input data, definitions and examples

Using TFD’s multi-layered default system

Run options and control of model behavior

Understanding and using VMetric’s outputs

Linkage to other TFD applications

Day Three: VMetric Case Studies and Analytical Exercises

Case Study 1: Simple aircraft fleet deployment

Case Study 4: Fill rates vs. operational availability

Case Study 2: Fleet of fleets with high commonality

Case Study 3: Fleet of fleets with no commonality

Wrap-up and discussion

About Seminar Staff
The seminar staff is led by Robert Butler, CEO of TFD Group and the author of many of its software models, including, in partnership with Craig Sherbrooke and John Millhouse, the VMetric model. Kevin Griffiths, TFD Group’s CTO, is the chief architect of the TFD Data Vault and is largely responsible for developing TFD’s software training courses. John Millhouse is the Group’s Chief Scientist and the author of the most recent of TFD’s software models, including TORQ, the computational heart of our Support Chain Optimization system. Chris Hampson has been a skilled users of VMetric for many years and in a variety of settings.

Contact us at seminars@tfdg.com or 831-649-3800 to register for this seminar.

 
Back to Seminars main page.
Fees & Information
 



About Us  |  Services  |  Stryker Support  |  Products  |  Events  |  TFD Users   |  Newsroom
Employment  |  GSA  |  Home Page  |  Employees Only | Site Map | Top



Copyright © 2002–2012, TFD Group/Systems Exchange, Inc., All Rights Reserved.