You are on page 1of 1

Common

Spare Parts Management Acronyms and Abbreviations



ADIN Auslang Dictionary of Item ISO International Standards RACI Responsible, Accountable,
Names Organization Consulted, Informed
ANSI Application for New Stock IT Information Technology RCM Reliability Centered
Item, also American Maintenance
National Standards Institute RCS Reliability Centered Spares
ASAP As Soon As Possible KPI Key Performance Indicator ROP Re-Order Point
ROQ Re-Order Quantity
RTS Return to Store
BOM Bill of Material LIFO Last In First Out
LSA Logistics Support Analysis
LT Lead Time S&OP Sales and Operations
CM Condition Monitoring LTB Last Time Buy Planning
CMMS Computerized Maintenance S/N Serial Number
Management System SAP Systems Applications and
MAX Maximum Products
MIN Minimum SIN Short Item Number
DIFOT Delivery In-Full On-Time MMS Maintenance Management SKU Stock Keeping Unit
DR Demand Rate System SPIL Spare Parts
MOC Management of Change Interchangeability List
MOQ Minimum Order Quantity SPIR Spare Parts
EAN European Article Number MRO Maintenance, Repairs and Interchangeability Record
EOL End of Life Operations STD Standard
EOQ Economic Order Quantity MRP Materials Resource
ERP Enterprise Resource Planning
Planning MTBF Mean Time Between TCO Total Cost of Ownership
E-SPIR Electronic Spare Parts Failure
Interchangeability Record
UOM Unit of Measure
NSC NATO Stock Classification UPC Universal Product Code
FIFO First In First Out NSN NATO Stock Number
FMCG Fast Moving Consumer
Goods WACC Weighted Average Cost of
FTB First Time Buy OAR Order as Required Capital
FTE Full Time Equivalent OD Outside Diameter
OEM Original Equipment
Manufacturer
ICR® Inventory Cash Release®
ID Inside Diameter
IMSP Integrated Maintenance and P/N Part Number
Spare Parts Planning PCB Printed Circuit Board
IRA Inventory Record Accuracy PM Planned Maintenance

For online training in spare parts inventory management visit


SparePartsKnowHow.com

You might also like