Critical Spares Criteria

This form can be used to help decide if an item is a critical spare to be stocked. Criteria are weighed to make data driven vs subjective decision based on the risk tolerance of your organization. The form is broken into three main sections: Contact us if you have any questions?

By weighing these factors carefully, you can make data-driven decisions about which spare parts are critical and should be stocked in your inventory. This approach helps optimize your inventory management, ensuring that you have the necessary spare parts on hand to minimize downtime and maintain operational efficiency.

General Data (completed with support from Reliability Engineers)
Part Failure Criticality data
Usage, risk, carrying costs

General Date

Part Failure Criticality Data

Usage, Risk, Carrying Costs

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Criteria In Identifying Your Critical Spare Inventory

Critical Spares Criteria

General Date

Part Failure Criticality Data

Usage, Risk, Carrying Costs