Ved Analysis Spare Parts
Ved Analysis Spare Parts. VED analysis is mainly used for maintenance (spare parts inventory management) it is based on the significance or criticality of the item or spare part. This analysis relates to the classification of maintenance spare parts and denotes the essentiality of stocking spares.
A perpetual inventory system, or continuous inventory system, is an inventory. The VED analysis is done to determine the criticality of an item and its effect on production and other services. As one of manufacturing company that producing car.
Non-availability of such items renders temporary dislocation or loss of production.
As one of manufacturing company that producing car.
Spare parts are classified as Vital (V), Essential (E) and Desirable (D) the vital spares are a must for running the concern smoothly and these must be stored adequately. A perpetual inventory system, or continuous inventory system, is an inventory. Strict control must be exercised over V items.
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