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Spare Parts Supply Capabilities and Equipment Coverage: A Systematic, Data-Driven Portfolio Assessment Approach

Research output: Chapter in Book/Report/Conference proceeding › Article in proceedings › Research › peer-review

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Abstract

Recent disruptions to the global supply chain have increased maintenance organizations’ focus on spare parts supply resilience and securing the continuous supply of critical spare parts for their production plants. Studies have identified several characteristics of spare parts that challenge planning for spare parts availability. Studies also indicate an industry need to reduce the technical expertise required to implement theoretical models for the management and alignment of spare parts supply capabilities and equipment coverage. To address these challenges, this study proposes a systematic, data-driven portfolio assessment approach to conducting risk-based assessments of spare parts supply capabilities and spare parts coverage of the maintainable asset. The approach is tested in a case study on a scope of 15,427 spare parts in a major offshore oil and gas company. The case study demonstrates enhanced decision-making due to the improved, risk-based overview. The approach also requires low modelling competencies and can be modelled in business intelligence software utilizing existing computerized maintenance management system data. Practitioners can use existing data to assess current spare parts coverage and strategically adjust supply chain capabilities to reach the desired portfolio coverage.

Original languageEnglish
Title of host publicationNew Paradigms for Anticipated Uncertainty, Lecture Notes in Mechanical Engineering,
EditorsMartin Manns
PublisherSpringer
Publication date2026
Pages383-392
ISBN (Print)978-3-032-16888-7
DOIs
Publication statusPublished - 2026
Event10th Changeable, Agile, Reconfigurable and Virtual Production Conference - University of Siegen, Siegen, Germany
Duration: 9 Sept 2025 → 12 Sept 2025

Conference

Conference10th Changeable, Agile, Reconfigurable and Virtual Production Conference
LocationUniversity of Siegen
Country/TerritoryGermany
CitySiegen
Period09/09/2025 → 12/09/2025
SeriesLecture Notes in Mechanical Engineering
ISSN2195-4356

Keywords

  • Data-driven approach
  • Maintenance
  • Portfolio assessment
  • Spare part management
  • Supply chain resilience

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