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Significance and Use
4.1 This practice establishes a standard control methodology to aid in fulfillment of shortages derived from production requirements or equipment failures.
4.2 This practice encourages an inclusive understanding and communication of the control and tracking of assets, and enables meaningful discussion between parties with interest in the asset.
4.3 This practice is intended to foster and enable additional standard practices related to or based on these terms and concepts.
1.1 This practice covers the process by which open production and failure related demand requirements are fulfilled using existing equipment components.
Note 1: Differing approval requirements are generally dictated by ownership issues. For example, approvals for cannibalization/reclamation of company-owned property assets may vary substantially from that required for customer-owned assets. In all cases, the specific approach to approvals and the levels of approval required are prescribed by the entity with title to/ownership of the asset. These requirements are internal to the owning entity. In general, company-owned assets are handled in accordance with established practice specific to each individual entity while customer-owned property is handled based upon established practices specific to each entity or as specified within a contractual document.
1.2 This practice is intended to be applicable and appropriate for all asset-holding entities.
1.3 This practice covers property assets categorized as equipment.
1.4 This practice can be applied to an individual asset, groupings of assets, or to all, or a subset of an entity’s assets.
1.5 This practice clarifies and enables effective and efficient support of assets in accordance with the provisions of Practice .
1.6 This standard does not purport to address all of the safety concerns, if any, associated with its use. It is the responsibility of the user of this standard to establish appropriate safety, health, and environmental practices and determine the applicability of regulatory limitations prior to use.
1.7 This international standard was developed in accordance with internationally recognized principles on standardization established in the Decision on Principles for the Development of International Standards, Guides and Recommendations issued by the World Trade Organization Technical Barriers to Trade (TBT) Committee.
2. Referenced Documents (purchase separately) The documents listed below are referenced within the subject standard but are not provided as part of the standard.
E2135 Terminology for Property and Asset Management
E2279 Practice for Establishing the Guiding Principles of Property Asset Management
ICS Number Code 03.100.20 (Trade. Commercial function. Marketing); 03.160 (Law. Administration)
UNSPSC Code 80131801(Property management)
|Link to Active (This link will always route to the current Active version of the standard.)|
ASTM E2607-21, Standard Practice for Cannibalization/Reclamation of Serviceable Equipment Components to Support Demand Requirements, ASTM International, West Conshohocken, PA, 2021, www.astm.orgBack to Top