DNV has conducted a benchmark study addressing spare part management in the German power industry and Norwegian offshore industry.

The survey identified two important impediments to optimal spare part management for the Norwegian offshore industry. © Terje S. Knudsen/StatoilHydro

“Both industries have been reviewed with the objective of identifying gaps in performance between industry players,” explains Atle Stokke, project manager at DNV. Major savings potentials were identified, particularly in terms of reducing and harmonising spare parts inventories.

One of the German respondents made savings corresponding to 15-20% of its inventory value by harmonising spare parts across plants.

Date: 11 June 2008