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A spare part, spare, service part, repair part, or replacement part, is an interchangeable part that is kept in an inventory and used for the repair or refurbishment of defective equipment/units. Spare parts are an important feature of logistics engineering and supply chain management, often comprising dedicated spare parts management systems.
the parts might never be used; the parts might not be stored properly, leading to defects; maintaining inventory of spare parts has associated costs; parts may not be available when needed from a supplier; But without the spare part on hand, a company's customer satisfaction levels could drop if a customer has to wait too long for their item to ...
In materials management, ABC analysis is an inventory categorisation technique which divides inventory into three categories: 'A' items, with very tight control and accurate records, 'B' items, less tightly controlled and with moderate records, and 'C' items, with the simplest controls possible and minimal records.
Acquire support items and spare parts. Catalog the items. Receive the items. Store and warehouse the items. Transfer the items to where they are needed. Issue the items. Dispose of secondary items. Provide for initial support of the system. Acquire, distribute, and replenish inventory
The potential of additive manufacturing is particularly high in the production of spare parts, since its introduction can reduce warehousing costs of slowly rotating spare parts. [131] Digitizing technology bears the potential to completely disrupt and restructure supply chains and enhance existing production routes.
A bill of materials or product structure (sometimes bill of material, BOM or associated list) is a list of the raw materials, sub-assemblies, intermediate assemblies, sub-components, parts, and the quantities of each needed to manufacture an end product. A BOM may be used for communication between manufacturing partners or confined to a single ...
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