With all spare parts, at some point, you will have to make a decision about your last time buy.
This need comes about in several different ways but the decision is still the same: What will be the final quantity of that part that you are going to purchase?
Phillip Slater explains in this short video.
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You might also be interested in the article titled The Management of Spare Parts Inventory is Different – Here’s 8 Ways
Posted by: Phillip Slater