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# Tag: Spare Parts Cost Reduction

##### Maximising savings: Unleashing the power of engineering and asset management for optimal spare parts utilisation

August 28, 2023

“Optimise your spares,” they say – and to your credit, you immediately consider those spare parts that are just lying in the stores and have not moved for the last five to ten years. It’s a good start, but what about the rest of your inventory? What will the approach be for the vast majority [...]

##### Tags

Spare Parts Cost Reduction
Spare Parts Optimisation
spare parts
Spare Parts Management