Abstract

Offshore Wind Farm (OWF) downtime causes huge financial loss to the stakeholders. One of the major concerns for them is to reduce the downtime of the offshore wind turbine as much as possible. To do this, inventory managers must keep the required number of spare parts in the inventory. It is important to forecast the type and amount of spare parts ahead of time. The maintenance team tries to figure out failure symptoms to predict the approximate time for failure. This prediction helps to purchase and stock spare parts systematically. There is a trade-off between the ordering cost, holding cost, and shortage cost. Proper inventory planning saves a manager from placing expensive emergency orders and also an extended period of holding spare parts. The desired service level should be determined earlier, based on which spare parts planning is done. In this paper, some prominent spare parts models have been studied, findings have been systematically presented, compared against some key determinant factors, critical analysis has been performed and the applicability of the models has been discussed. More than a 100 research articles on spare parts have been reviewed and major contributions from the most relevant articles in OWF have been presented in this paper. One advanced spare parts modeling reported up to 51% cost reduction compared to traditional spare parts planning. Another integrated spare parts planning reported 27% savings. This critical review aims to suggest some guidelines for the managers and other associates of wind farms about the effective and efficient spare parts management technique from the beginning of the turbine installation to the end of its life cycle.

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