PIP REEE005 Spare Parts Management Guidelines
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PIP REEE005 Document Information:
Title
Spare Parts Management Guidelines
Process Industry Practices
Publication Date:
Mar 1, 2007
Scope:
This Practice describes the key factors used in identifying
spare parts requirements and quantities for rotating equipment.
This Practice provides guidelines for identifying needed spare
parts, recognizing parts interchangeability opportunities,
identifying startup and maintenance parts, establishing locations
and levels of parts stocking. This Practice applies to new
construction, expansion, or revamp projects; maintenance; and
stocking of rotating equipment parts inventory.
Comment: Spare part acquisition at the time of
equipment purchase typically results in lower overall pricing.
Purpose
This Practice provides an objective, methodical process for
identifying spare parts needed for life cycle support of rotating
equipment.
The intended users of this Practice are:
a. Persons who evaluate the need and develop recommendations for
the acquisition of equipment parts
b. Business and/or project managers who have the authority and
accountability for purchasing parts
About IHS
IHS (NYSE: IHS) is a leading global provider of critical technical information, decision-support tools and related services in a number of industries including aerospace and defense, automotive, construction, electronics, and energy. IHS serves customers ranging from large governments and multinational corporations to smaller companies and technical professionals in more than 100 countries. IHS been in business for more than 45 years and employ more than 2,300 people around the world.
