Voices: Tactics and Practices

Back-to-basics column on best practices at the ground level, written by Plant Services editors as well as industry contributors.


Take stock of your spares program

Better management of spare parts inventories can unlock a hidden source of profit.

By Liang Dong, SKF
Sep 13, 2016

Machines need spare parts. Any business operating significant quantities of machinery will carry of a stock of replacement components. Those parts fulfill a variety of purposes. They are there to replace items such as bearings, seals, and filters that wear out during normal operations, and they need to be ready for planned upgrades and overhaul activities. They act as insurance, allowing maintenance teams to fix breakdowns faster than the lead times required to secure replacements from an external supplier.

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