May 2013

Special Report: Maintenance/Reliability

Consider both actual and virtual spare parts inventory

Globally, hydrocarbon processing industry (HPI) facilities operate hundreds of thousands of fluid machinery assets. The various service-specific internal components of these assets are supported by ma..

Bloch, H. P., Hydrocarbon Processing Staff

Globally, hydrocarbon processing industry (HPI) facilities operate hundreds of thousands of fluid machinery assets. The various service-specific internal components of these assets are supported by many millions of spare parts, all of which must be properly preserved and catalogued. Operating companies and consultants often consider developing systems to unify or standardize spares maintained in plant stores or inventories. Standardization initiatives can provide economic benefits. Proper and unified part identification efforts usually precede standardization of the spare parts inventory. Both identification and standardization can help reduce the number of spare part units held in inventor

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