1/ Definition
Two different metrics for this indicator
1.8.1/ Value of the stores MRO versus Replacement asset Value
1.8.2/ Store "turns"
2/ Objective / Target
The set of strategic indicators has three main objectives:
- Verification of the effectiveness of maintenance processes
- Comparisons between plants independently from the business
- Comparisons with external organizations
3/ Formula
1.8.1/ Value of stores MRO versus replacement value = 1.8.2 /Store turns = ( Cost of inventory MRO items / Value of MRO in stores) x100 |
|---|
Unit:%
Details of the formula: see "5/ SAP extraction and detailed calculation"
4/ Frequency
Yearly
5/ SAP extraction and detailed calculation
- Value of MRO in stores :
As accounted at the end the last year (in local currency).
- Replacement asset value :
The cost today to replace, or rebuild, the plant with new assets having the identical level of performance and functionality. It is generally the value given to insurers (in local currency).
- Costs of inventory in MRO items :
All spare parts, equipment and materials purchased through the stores system (in local currency).
| Causes categories | RCS | Solvay | ||
| Value of MRO in stores | BW core query "inventory value" | |||
| Cost of inventory MRO items | Cost element 99210060 | |||
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