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All Glossary Terms

Spare Parts Management

Maintenance definition:

Spare Parts Management is the process of overseeing the selection, procurement, storage, and usage of spare parts needed for maintenance activities. Effective management ensures that the right parts are available at the right time, minimizing downtime and maintenance delays. It involves inventory control, forecasting demand based on maintenance schedules, and optimizing stock levels to balance availability with cost efficiency.

Our 30-day, risk free trial is only $199.

AssetWatch customers save on average 8x in ROI. That means for every $1 you give us, we give $8 back to you.

Includes professional installation of up to 200 sensors (a $10k+ value)

24/7 monitoring and a dedicated CME for your site

AssetWatch cloud-based software with unlimited licenses

No CapEx, Engineering or IT integration required