Spare Parts Management
Spare Parts Management is the process of planning and controlling the inventory of spare parts to ensure that the right parts are available at the right time, in the right quantity, and at the right cost. In aviation, spare parts management is critical to ensure the safety and reliability of aircraft operations. It involves identifying the parts needed, forecasting demand, setting inventory levels, ordering and receiving parts, storing and tracking inventory, and disposing of obsolete parts. Effective spare parts management can reduce aircraft downtime, increase operational efficiency, and minimize costs.
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