Abstract

James and Fred discussing a better way to set stocking levels of spares.

Key Points

Join James and Fred as they discuss the need for better data and basic information related to the setting of spares.

Topics include:

• A couple rather poor ways to do stocking, intuition, guessing, vendor recommendations.
• The cost of the maintenance train, primary spares that simply add unnecessary costs.
• The use of a risk matrix in simply setting up what to stock as spares.
• A couple of simple formulas to determine the min and max stocking levels for critical spares.

Enjoy an episode of Speaking of Reliability. Where you can join friends as they discuss reliability topics. Join us as we discuss topics ranging from design for reliability techniques, to field data analysis approaches.

SOR 230 Improving Spares Stocking without StatisticsJames Kovacevic

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Show Notes

Nolan and Heap study including the six failure patterns.