Track: Inventory Management

Abstract

The unavailability of head truck spare parts in container terminal company caused the maintenance operation not working. The fewer operating head truck impacts to the loading and unloading activities in the port. This study aims to control the inventory of head truck spare parts using continuous review policy. We selected the fast moving spare parts of head truck. The results show that the safety stock, reorder point, order quantity, average inventory level, inventory days of supply, and total annual cost of 13 fast moving spare parts can be determined. Subsequently, we compare the results of continuous review policy to the company policy. We obtained the continuous review policy decreasing the total annual cost of 16% or USD $ 22,501.77 We expected that the continuous review policy helps company to control the inventory of head truck spare parts.

Keywords

Inventory control, Continuous review policy, spare parts, head truck, container terminal company