Insights from TSIA's 2023 Optimizing Spare Parts, Logistics, and the Supply Chain Survey
Lionel Fournier
Senior Data Journalist, Industry Insights
May 31, 2023
Overview
The TSIA's 2023 survey on spare parts management reveals diverse practices among companies. Two-thirds treat spare parts inventory as an expense, while one-third considers it an asset, with variations in revaluation practices. Global distribution centers are common, but challenges include limited spare parts in Technical Representative's Trunk for 56% of respondents. The survey showcases the varied landscape of spare parts management across industries.