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Repair of watches and jewelry items

A spare part, service part, or spare, is an item of inventory that is used for the repair or replacement of failed parts. Spare parts are an important feature of logistics management and supply chain management, often comprising dedicated spare parts management systems.

Capital spares are spare parts although acknowledged to have a long life or a small chance of failure would cause shutdown of equipment for a prolonged period because of the long delivery of their replacement.

Spare parts are an outgrowth of the industrial development of interchangeable parts and mass production

Military operations are significantly affected by logistics operations. The system availability, also known as mission capable rate, of weapon systems and the ability to effect the repair of damaged equipment are significant contributors to the success of military operations. Systems that are in a mission-incapable (MICAP) status due lack of spare parts are said to be "awaiting parts" (AWP), also known as not mission capable due to supply (NMCS).

Because of this sensitivity to logistics, militaries have sought to make their logistics operations as effective as possible, focusing effort on operations research and optimal maintenance. Maintenance has been simplified by the introduction of interchangeable modules known as line-replaceable units (LRUs). LRUs make it possible to quickly replace an unserviceable (failed) part with a serviceable (working) replacement. This makes it relatively straightforward to repair complex military hardware, at the expense of having a ready supply of spare parts.

The cost of having serviceable parts available in inventory can be tremendous, as items that are prone to failure may be demanded frequently from inventory, requiring significant inventory levels to avoid depletion. For military programs, the cost of spare inventory can be a significant portion of acquisition cost.

In recent years, the United States Department of Defense (DoD) has advocated the use of performance-based logistics (PBL) contracts to manage costs for support of weapon systems.

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From Wikipedia, the free encyclopedia : Repair of watches and jewelry items
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