ToolKit SpareCost Module

The SpareCost Module calculates spares required for equipment supported at sites and bases, enabling you to optimize the scale of spares at sites for minimum cost. It works on algorithms derived for the UK Ministry of Defence - Optcost and Repstock.

SpareCost system

Sites

The SpareCost Module generates spares holdings required at sites (first and second line repair by replacement), against a stock-out risk at the site. This scale of spares is optimized against the cost of the spares held.

Base

Base spares are required to meet replenishment demands from sites and to replace returned spares which are beyond economic repair. SpareCost calculates the most cost effective base spares holding.

Reports

The extensive reporting facility includes full information of spares holding by replacement item at both site and base, as well as the expected number of failures for each component over a defined period.

Features

Uses Optcost and Repstock for spares scaling
Tree control for structured project breakdown
Enables you to meet your stock out risk
Analyzes at site and base (depot) level

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