SPARE PARTS CRITICALITY ASSESSMENT TOOL

Spare form a very critical item in any of the ASSET MANAGEMENT PLAN as the availability of spares avoids the condition of PROLONG PLANT OUTAGE. The identification and assessment of each spare concerning its Criticality to PLANT OPERATION are of utmost importance to any LEARNING ORGANIZATION. The Maintenance Manager or Reliability Manager should be well informed about the Criticality of spares and its availability to meet any failures. The tool can be used for new facilities to identify and categories their spares as INSURANCE, CRITICAL or CONSUMABLE spares. The required inventory can be set accordingly. It can be seamlessly aligned with the INVENTORY MANAGEMENT tool, such as SAP or MAXIMO, to review the availability of the spares, which can help MAINTENANCE MANAGER to identify RISK associated with the NON-AVAILABILTY of CRITICAL SPARES and can take appropriate action proactively.