26 Managing Spare Parts: A Discussion w/ Fred Schenkelberg

This episode of the weekly podcast gives a detailed insight about spare parts. First of all, a technician should know whether to repair the equipment or replace it? For this, he needs to have some failure data to help him improve his handling strategy. Nest question here is that which spare parts do we need to stock? The answer for this can be obtained on the basis of analysis mechanisms such as Failure mode and Effects Analysis or data collected through other reliability measures.

Spare parts cost a lot of money […]

In today s podcast, the guest is Scott Kelley and the episode covers the importance of the asset management model. Asset management is not just about having a tactical solution to every problem, you need a strategic model as well which is necessary to be implemented and accepted at all levels of the organization by every working individual. Now for a good model, it needs to have following characteristics.

• This model should be as simple as possible in order to make it easily understandable for the staff. It should be easily retainable so that the information can be made […]
  

In today s podcast, the guest is Scott Kelley and the episode covers the importance of the asset management model. Asset management is not just about having a tactical solution to every problem, you need a strategic model as well which is necessary to be implemented and accepted at all levels of the organization by every working individual. Now for a good model, it needs to have following characteristics.

• This model should be as simple as possible in order to make it easily understandable for the staff. It should be easily retainable so that the information can be made […]