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Quick Guide for Managers
Inventory Policies for Spare Pats (MRO)
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Managing spare parts inventory is a balancing act: long and uncertain lead times, intermittent demand, high criticality, and tight budgets. Choosing the right inventory policy is often the difference between excess stock and costly downtime.
This quick guide summarizes the 6 most common policies used in industry, with plain pros, cons, and practical “when to use” advice. In one page, it gives managers a clear framework to improve decision-making on spare parts inventories.
What you’ll get in one page:
1
The 6 main spare parts inventory policies explained simply
2
Pros & cons of each policy in practice
3
Guidance on when to use which policy
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