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Spare parts management is an important function of materials management that ensures the availability of required spare parts for maintenance, repair, and smooth operation of machinery and equipment in an organization. Effective management of spare parts helps reduce equipment downtime, improve operational efficiency, and control inventory costs. Since production systems depend heavily on the availability of critical components, proper planning and control of spare parts inventory is essential. Spare parts management plays a significant role in maintaining the reliability and productivity of an organization. Timely availability of ____ ____ _________ ________ ______ ________ _______ ________.
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