Dec

Repairable spare parts management is of crucial importance in capital-intensive organizations. In general, repairable spare parts are expensive and slow-moving. In addition, their unavailability affect the availability of equipment used in high-value and critical operations. The management of repairable spare parts becomes very costly when the organization should ensure high equipment availability. Therefore, a well-funded management methodology is the key to obtain a good balance between capital invested in repairable spare parts management, and the resulting equipment availability performance.