Abstract: An apparatus includes a controller that is operable to determine a safety stock factor that enables a reorder point for an item to be calculated. The controller is also operable to determine an expected amount of backorders for the item using a backorder function based on the reorder point, a reorder quantity, a demand rate, and a lead time.

Abstract: An apparatus includes a controller that is operable to determine a safety stock factor that enables a reorder point for an item to be calculated. The controller is also operable to determine an expected amount of backorders for the item using a backorder function based on the reorder point, a reorder quantity, a demand rate, and a lead time.

Abstract: A computer program product for managing a supply chain process to maintain equipment is described. The computer program product includes a computer-readable storage medium having computer-readable program code embodied in the medium. The computer-readable program code includes a first executable portion for identifying and capturing data relevant to one or more sets of equipment maintenance requirements, a second executable portion for providing access to the capabilities of a plurality of inventory management, supply chain management, and equipment maintenance applications for preprocessing of the identified and captured data, a third executable portion for receiving the preprocessed data from the plurality of applications, and a fourth executable portion for integrating the preprocessed data into a solution to the one or more sets of equipment maintenance requirements.