In today's demanding and highly competitive market, spares management are becoming more complex, making it critical for plant operations to find solutions that will assist in synchronising its processes. Spares are not only significant business expenses but the lack of appropriate parts can result in costly downtime. Present industry practice shows that for every spare used, five or more parts are held in stores, which perhaps may not be used. At the same time, ordering more than needed (for 'just-in-case' scenarios) have been occurring problems for them, mainly due to improper or lack of confidence in forecasting its spares requirements. At the same time, with the extended lead-time of purchasing spares have affected the plant maintenance and turnaround cycles thus delaying the production time, which can be quite costly. Space is always a constraint in any spares storeroom environment. With shrinkage and depreciation factoring in, the cost of procuring, storing, deploying and managing spares inventory can easily cost as much as 40 - 50% of annual inventory values. Also, It is not unusual to see an average of 20 - 30% of maintenance people's time to be used for finding parts and material.