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A spare part, spare, service part, repair part, or replacement part, is an interchangeable part that is kept in an inventory and used for the repair or refurbishment of defective equipment/units. Spare parts are an important feature of logistics engineering and supply chain management , often comprising dedicated spare parts management systems.
A spare part is an item of inventory used to replace failed parts. Spare Parts may also refer to: Spare Parts, by Status Quo; Spare Parts, by Servotron; Spare Parts, Slovenian film; Spare Parts, film formerly titled La Vida Robot; Spare Parts (song), by Bruce Springsteen; Spare Parts, platform video game by Electronic Arts; Spare Parts, episode ...
Service parts management is the main component of a complete strategic service management process that companies use to ensure that right spare part and resources are at the right place (where the broken part is) at the right time. Spare parts, are extra parts that are available and in proximity to a functional item, such as an automobile, boat ...
Interchangeable parts are parts that are identical for practical purposes. They are made to specifications that ensure that they are so nearly identical that they will fit into any assembly of the same type. One such part can freely replace another, without any custom fitting, such as filing. This interchangeability allows easy assembly of new ...
The automotive aftermarket is the secondary parts market of the automotive industry, concerned with the manufacturing, remanufacturing, distribution, retailing, and installation of all vehicle parts, chemicals, equipment, and accessories, after the sale of the automobile by the original equipment manufacturer (OEM) to the consumer.
As sales and purchases of automotive spare parts and accessories in the 1990s gradually turned into a global business, ATR moved with the times and aspired an internationalization. Its first non-German partners were French parts dealer Groupe Laurent (1991) and Spain’s Gerstenmaier (1992). The foundation of ATR International AG in 1999 ...
The following terms are in everyday use in financial regions, such as commercial business and the management of large organisations such as corporations. Noun phrases
Cannibalization of machine parts, in the maintenance of mechanical or electronic systems with interchangeable parts, refers to the practice of removing parts or subsystems necessary for repair from another similar device, rather than from inventory, usually when resources become limited. The source system is usually crippled as a result ...