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When obsolescence, shrinkage, and depreciation are factored in, the cost of acquiring, storing, deploying, and managing spare parts inventory can run as high as 40-50% of annual inventory values. Oracle Spares Management helps reduce inventory costs by providing logistics and planning features that directly address the selection and delivery of spare parts to field locations. Oracle Spares Management includes return processing capabilities that ensure all parts are accounted for—enabling you to take advantage of warranty and return salvage values. Oracle Spares Management also fosters complete and efficient spares planning by giving technicians full access to multi-echelon stocking levels that are directly tied back to replenishment and fulfillment.