Spare-Parts Stock Planning: Hedging Downtime with Inventory

Three Spare Classes

Class Examples Strategy
Critical Lasers, PSUs, boards, handpieces Don’t stockpile expensive units — secure a “rapid access agreement” (vendor stock + delivery SLA)
Wear items Filters, seals, tubing, lamps, fuses Safety stock by consumption cycle, swap on failure
Common Screws, cables, connectors Small standing stock, replenished with PM

Setting Safety Stock

  1. Burn rate: historical monthly usage from the ledger.
  2. Replenishment lead time: vendor dispatch + shipping.
  3. Safety stock = daily burn × lead time × risk factor (1.5-2).

For critical parts, the “stock” is access speed: written delivery SLAs with the vendor for common criticals (e.g., 48 h), verified against a real regional parts warehouse (the parts dimension of service evaluation).

Stock Discipline

FAQ

Should we stockpile a spare laser?

Usually no — expensive, storage-sensitive, low unit failure rates. The right hedge: negotiate a “backup laser clause” at purchase (vendor-held commitment or swap-time guarantee).

Spare parts for discontinued models?

Negotiate post-discontinuation supply years at purchase (the consumable clauses); near end-of-life, lock criticals via one final bulk order.

Related Terms