BNET Business Dictionary

Business Definition for: Spare Parts

  • a stock of components of machinery or plant held in store in case of breakdown

Additional Resources

Bombardier Aerospace to Establish New Spare Parts Depot in Japan.
MONTREAL, QUEBEC, Sep 26, 2006 CCNMatthews via COMTEX -- Bombardier today announced it is establishing a spare parts depot in Japan to provide Bombardier business and regional aircraft customers with comprehensive spare parts support. The new facil MONTREAL, QUEBEC, Sep 26, 2006 CCNMatthews via COMTEX --...
Tags: aerospace, Bombardier Inc.
Research articles 2006-09-26
Defense Inventory: The Army Needs a Plan to Overcome Critical Spare Parts Shortages.
GAO-03-705 June 27, 2003 Prior reports and studies have identified major risks in the Department of Defense's DOD management, funding, and reporting of spare parts spending programs. Spare parts shortages adversely affect the U.S. Army's operations and can compromise the readiness of weapon systems. To address these issues,...
Tags: logistics, U.S. Department of Defense
Research articles 2003-07-01
Defense Inventory: The Department Needs a Focused Effort to Overcome Critical Spare Parts Shortages.
GAO-03-707 June 27, 2003 The Department of Defense's DOD annual appropriation totals billions of dollars for spare parts. In addition, it has received supplemental funding totaling $1.5 billion since fiscal year 1999 to increase the availability of spare parts. However, DOD continues to experience critical spare parts shortages...
Tags: logistics, U.S. Department of Defense
Research articles 2003-07-01
Defense Inventory: Air Force Plans and Initiatives to Mitigate Spare Parts Shortages Need Better Implementation.
GAO-03-706 June 27, 2003 Despite reporting $10.5 billion in appropriations spent on spare parts since fiscal year 2000, the Air Force continues to report shortages of spare parts. The service has taken numerous actions to address these shortages. GAO examined whether the Air Force's strategic plan addresses the...
Tags: Air Force
Research articles 2003-07-01
SPARE PARTS FOR TOYOTA CARS
A-Sharq Al-Awsat newspaper gave details of an emergency program of the Abd al-Latif Jamil Toyota Car Agency for importing spare parts for Toyota cars after the fire in the Agency's warehouse damaged and destroyed the stock of their spare cars. The paper qA-Sharq Al-Awsat newspaper gave details of an emergency...
Tags: agency, car, Toyota Motor Corp.
Research articles 2002-11-21
LG TO INCREASE PURCHASE FOR SPARE PARTS IN CHINA
AsiaInfo Services 03-26-2004 LG to Increase Purchase for Spare Parts in China CHINA, Mar 26, 2004 SinoCast via COMTEX -- LG Electronics, one of the main global handset makers, has declared that it will increase its purchase for spare parts of...
Tags: handset, LG Electronics Inc.
Research articles 2004-03-26
Car spare parts grey imports may take a toll on profits, BUSINESS TIMES
Business Times Malaysia 07-01-2002 WHILE car companies are looking for income from the grey import area of spare parts, analysts say competing in this vastly untapped source may put pressure on profit margins. The market for spare parts is...
Tags: BMW AG, car
Research articles 2002-07-01
MIDDLE EAST: NISSAN BATTLES SPREAD OF FORGED SPARE PARTS.(Brief Article)
According to Al-Sharq Al-Awsat newspaper (December 9, 2000), the Nissan-Middle East Company, based in Dubai, has recently undertaken measures to fight the spread of fake spare parts in the region. The company warned against these fake spare car parts According to Al-Sharq Al-Awsat newspaper (December 9,...
Tags: company, Nissan Motor Co. Ltd.
Research articles 2000-12-12
SAUDI ARABIA: SPARE PARTS FOR TOYOTA CARS.( Abd al-Latif Jamil Toyota Car Agency emergency imports)(Brief Article)
A-Sharq Al-Awsat newspaper gave details of an emergency program of the Abd al-Latif Jamil Toyota Car Agency for importing spare parts for Toyota cars after the fire in the Agency's warehouse damaged and destroyed the stock of their spare cars. The pa A-Sharq Al-Awsat newspaper gave...
Tags: agency, car, Toyota Motor Corp.
Research articles 2002-11-21
Defense Inventory: Opportunities Exist to Improve Spare Parts Support Aboard Deployed Navy Ships.
GAO-03-887 August 29, 2003 GAO is conducting a series of reviews in response to a congressional request to identify ways to improve the Department of Defense's (DOD's) availability of high-quality spare parts for ships, aircraft, vehicles, and weapons systems. This report focuses on the effectiveness of the U.S....
Tags: General Accounting Office, Manufacturing, U.S. Department of Defense
Research articles 2003-10-01
Managerial issues in locating a spare-parts hub for Digital Equipment Corporation.
As products mature they require significant service and spare parts. Companies that offer the products need to maintain the appropriate components and parts as well as service channels to ensure customer satisfaction. Maintaining the required inven As products mature they require significant service and...
Tags: customer satisfaction, Digital Equipment Corp.
Research articles 2002-06-22
UAL taps airline parts biz. (United Airlines entry into the aircraft spare parts industry)
Joint venture will service carriers, compete with AAR United Airlines wants a piece of the $10-billion market for aircraft spare parts, and it's starting a new, locally based company to get it. UAL Corp., United's Elk Grove Township-based parent, is Joint venture will service carriers,...
Tags: AAR Corp., aircraft, UAL Corp., United Airlines
Research articles 1998-06-15
'Lean' Manufacturing Offers Remedy to Spare-Parts Crisis.(for weapons)
The principles of "lean manufacturing," which were adopted by the automotive industry in the 1970s, could prove useful to the Defense Department's ongoing efforts to obtain spare parts more quickly and at lower prices. For the Pentagon, this could result in improvements to the readiness of...
Tags: manufacturing, MARKETING, Pentagon, Remedy Corp., supplier, U.S. Department of Defense
Research articles 2000-09-01
GAO Reports Navy Has Billions in Excess Spare Parts
The GAO has reported that the U.S. Navy maintains supply stock in excess of its needs to the value of about $2 billion. This is related to a story we wrote yesterday about the Army hiring a supply chain management contract. The story in USA Today says that...
Tags: Stock, General Accounting Office, Investment, Finance, Matthew Potter
Blog posts 2008-12-19
Gentlemen's Dispute or Bar Room Brawl? - Part Five: The Impact of the New Block Exemption Regulation on Spare Parts Producers
The new block exemption regulation BER governing automotive sales and after-sales took effect on 1 October 2003. It encompasses the way in which carmakers distribute their vehicles in Europe, how those vehicles are serviced, and how spare parts are sourced. It has huge consequences for everyone in the automotive industry....
Tags: PricewaterhouseCoopers Consulting, Sales Strategy, Manufacturing, Regulations, Sales, Government
White papers 2003-12-22
GENERAL DYNAMICS AWARDED CONTRACT FOR SPARE PARTS
General Dynamics Land Systems, Sterling Heights, Mich., was awarded on Oct. 26, 2005, a $13,213,451 firm-fixed-price contract for spare parts for the continuous electronics evolution program for the M1A2 Tank. Work will be performed in Tallahassee, Fla. (General Dynamics Land Systems, Sterling Heights, Mich., was awarded on Oct. 26, 2005,...
Tags: General Dynamics Corp., Sterling
Research articles 2005-11-01
"GENERAL MOTORS" INAUGURATES CONSTRUCTION WORKS IN NEW SPARE PARTS DISTRIBUTION CENTER
According to Al-Khalij newspaper (December 10, 2002), General Motors has inaugurated construction works in its new regional center for spare parts' distribution in Jabel Ali free zone in Dubai. The new center, which aims to simplify distribution operationAccording to Al-Khalij newspaper (December 10, 2002), General Motors has inaugurated construction works...
Tags: General Motors Corp.
Research articles 2002-12-11
Strategic management of spare parts in closed-loop supply chains--a system dynamics approach.
We developed tools for information management and spare-parts management in closed-loop supply chains. Our Internet-based information and communication platform provides data relevant to recycling based on Agfa-Gevaert's concept of a "recycling passport." We developed tools for information management and spare-parts management in closed-loop supply chains....
Tags: Agfa-Gevaert N.V., supply chain, strategic management
Research articles 2003-11-01
Integrating closed-loop supply chains and spare-parts management at IBM.
IBM is among the pioneers recognizing the benefits of closed-loop supply chains that integrate product returns into business operations. We worked on a project exploiting product returns as a source of spare parts. Key decisions concern what recover IBM is among the pioneers recognizing the...
Tags: IBM Corp., supply chain
Research articles 2003-11-01
Volkswagen purchases.(automobile spare parts in Israel)
Purchases of the Volkswagen group in Israel in 1994 totaled $6 million, primarily in automobile spare parts. The German automobile manufacturer is obligated to carry out off-set purchases in Israel that bear some ratio to the value of ... Purchases of the Volkswagen group in Israel...
Tags: Volkswagen AG
Research articles 1995-05-19
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