Spare Parts Inventory Audit Work Program
Subscriber Content

The purpose of this work program is to provide the general steps used for a spare parts inventory audit, including reviewing procurement, storage and distribution of spare parts.
Project work steps include: conduct project planning, scope setting and auditee requests/coordination; develop work program and other reporting templates; coordinate meetings with key process personnel; review known best practices for initial benchmarking in the focus area; understand and document the process; spare inventory management; obtain and review written and "desktop" policies and procedures and organization charts for each area; etc.