Spare Parts Know How

Spare Parts Inventory Management Training

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Assess the Obsolescence Risk of Your Spare Parts

Obsolescence Risk

Understanding the obsolescence risk of your spare parts is critical for managing long-term equipment reliability and avoiding unexpected downtime.

This simple tool helps you evaluate the potential risk based on key factors such as equipment age, manufacturer support, and supply chain reliability.

To use the calculator:

  1. Review each dropdown and select the option that best describes your situation
  2. Once all selections are made, click “Calculate Risk”
  3. You’ll receive a score, a risk level, and a recommendation based on your inputs

This tool is for guidance only — it’s designed to help you think critically about where risks might exist and where further investigation or planning may be needed.

No email required. No data collection. No commitment.
 
Obsolescence Risk Calculator

Your Obsolescence Risk Score: /40

Risk Level:

Recommendation:

💡 Want to reduce obsolescence risk?

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About This Tool

This Obsolescence Risk Calculator is based on practical experience across a range of industries and is intended for maintenance, reliability, and procurement professionals who want to take a proactive approach to risk management.

It doesn’t replace a full obsolescence management strategy, but it can help you:

  • Prioritise which parts may need attention
  • Identify risk areas for further analysis
  • Support discussions with suppliers or internal stakeholders

You can revisit and re-run this tool for multiple parts or use it during team workshops or planning sessions.
 
 
Created by Phillip Slater

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Masterclass

Watch this on-demand webinar to discover the 8 strategies that will help you achieve your spare parts inventory management goals
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Short Course

Our short training course teaches the absolute ‘must know’ information, tools, techniques required for effective spare parts management.

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Advanced Course

For those who need to go deeper and broader.

Ideal if your goal is to update your company’s approach and systems for spare parts management.
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Pro Level

On demand spare parts knowledge for when you need answers, not courses.
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Team Boot Camp

A live, online, interactive, team-based delivery of our short training course designed to provide your team with a common understanding of the basics of spare parts inventory management. Read more...

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