Spare Parts Inventory Audit Work Program
A Thorough Evaluation of Spare Parts Inventory Management
This work program provides the general best-practice steps for a spare parts inventory audit, including reviewing the procurement, storage and distribution of spare parts.
Project work steps include conducting project planning, scope setting and auditee requests/coordination; developing a work program and other reporting templates; coordinating meetings with key process personnel; reviewing known best practices for initial benchmarking in the focus area; understanding and documenting the process; managing spare inventory; and obtaining and reviewing written and desktop policies and procedures and organization charts for each area.