Spare part management Support the purchaser in reviewing and selecting spare parts Our solution saves review and purchase costs Every oil or gas plant needs spare parts to insure Guidelines have been developed for projects to support operational reliability and plant capacity. Spare part project management in controlling the spare parts management systems can help companies determine an review process. Recommendations are provided for the optimal spare parts inventory that supports optimal plant coordination, review, selection and purchase of spare reliability. parts. ORTEC developed a spare part management tool for The spare part management tool has been used for over a large international oil & gas company. The software 20 years in refineries, chemical plants, platforms, LNG package enables them to collect spare parts data from plants and GTL plants. Since its inception, the tool has suppliers and then review, select and order efficiently. The cut review costs by 50% and purchases by up to 75%. tool recommends spare parts for equipment, identifies existing interchangeable parts, proposes optimum purchase quantities, and enables Material Masters and Bills of Materials in SAP and other ERP Systems. ADDING CREDIBILITY