The subject of “How to Manage Critical Spares” has been of interest to members of the ScottMadden-led Utility Materials Management Benchmarking Consortium for several years. However, no common, industry-wide accepted definition of “Critical Spares” exists at this time. This report provides a sample of the results of a survey conducted by ScottMadden regarding the management of Critical Spares by electric and gas utilities in North America.
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