How to Account for Spare Parts under IFRS · I want to discuss something here. A machine is capitalized and is ready to use. Management operated it once then decides to change the shape of the unit. For that, the management has to import spare parts for the machinery which will produce the desired units. Spare parts cost % of the total present cost of the machinery.
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Myanmar Kaido Co., Ltd.Myanmar Kaido was established in April 1993 by a family of Myanmar Nationals. Since then, we commenced our role as importer and distributor of construction and industrial machinery; equipment; attachments and their related spare parts.
Myanmar Kaido Co., Ltd.MYANMAR KAIDO COMPANY LIMITED was established in April 1993 by a family of Myanmar nationals. Myanmar Kaido initially commenced its role in the distribution of spare parts for machinery. As we gained experience, we embarked on the importation and distribution of heavy machinery, equipment, attachments, and related spare parts.
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9 Tips for Managing and Optimizing Spare Parts Inventory8. Make Spare Parts Easily Accessible. Make it easy for your employees to submit work orders and pull parts from warehouse shelves by storing spare parts within a centralized inventory. With a clear idea of where everything is loed within your warehouse, you can better guarantee overall inventory accuracy. 9.
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7 Things To Consider For Efficient Spare Parts Management · For example, spare parts for machines that are not critical to everyday operation can often be left out of stocking plans. On the other hand, if lost production time implies a weighty financial loss to your business, staying a day or two without parts for those critical assets is almost unacceptable.
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