Spare parts are the lifeblood of operational reliability and plant capacity. No plant can operate at a high level of output without a reliable supply of functional spare parts. Spare parts form the bedrock on which operational reliability is built.

Yet, spare parts are also the most overlooked contributor to reliability outcomes. Our research has shown that many companies routinely operate without properly implementing even the most fundamental aspects of spare parts management at their sites. Often these companies have storerooms with neat shelves and clear labels — but this is not enough for highly reliable spare parts management. To help make a difference in your operational reliability here are six tips to improve your spare parts management.