WORK PLAN SPARE PARTS INVENTORY REVIEW

In the world of manufacturing that’s controlled by demand, spare parts are essential assets for maintaining high productivity. Having spare parts available right away allows you to meet or exceed your production goals and ensure the on-time shipment and delivery of your products.9 Tips for Managing and Optimizing Spare Parts Inventory 1-Choose a Method for Labeling Critical Components.2-Balance Inventory Volume With Sawtooth Diagrams.3-Keep Your Bill of Materials up to date.4-Calculate Optimal Economic Order Quantity.5-Develop a Standard Work Order Process6. Focus on Inventory Control During Employee Training.7. Perform Cycle Counts on a Regular Basis.8. Make Spare Parts Easily Accessible9. Invest in a Quality CMMS.this work plan help to understand the steps, the expectations and plan the review.