Spare parts logistics refers to the effective administration and distribution of spare parts required for the maintenance and repair of machinery, equipment, and vehicles. It includes a variety of operations designed to ensure that the proper parts are available at the right time and location, reducing downtime and maintaining operational continuity. Demand forecasting, inventory management,...
Spare parts logistics is defined as the storage, transportation and delivery of the exchangeable parts of the machinery and systems, known as spares, required by different industries from one location to another. Spare parts are the exchangeable components which are used in machines and systems and is utilise in replacing the failed or damaged parts. These are parts are designed in such a way...