The process is based on analysis principles and ARMS Reliability’s spares decision-making techniques, with the purpose of achieving the following goals:
- Identify all spares required for a particular asset list
- Relate spare parts to maintenance tasks
- Provide optimal recommendations for the spare and number to hold onsite
- Quantify the value of each holding recommendation
- Identify cost of holding recommendation
During the webinar, we will explain the data required, major steps of the process, the benefits of following this methodology, and finally, we will demonstrate the potential savings that are possible versus alternative methods of planning spares.
