This article explains the purpose and function of Repairable Spare records in MVP One.

  • Feb 18, 2026
  • Article

Title
Repairable Spares

Content

Repairable Spares are Asset Records that are used as children of Equipment or Locations. Repairable Spares are assets that can be removed and swapped from Equipment and repaired (either by an outside vendor or in-house).

Repairable Spares can be moved from Equipment to Equipment using the Asset Tree and can be removed from Equipment to be repaired or put into storage if not being used. Each Repairable Spare is created uniquely, even if they are the same.

For example, you may have three 10 horsepower motors used on a specific piece of Equipment, each Motor is created separately as a unique Repairable Spare. When a Repairable Spare is not being used, or repaired, it can be placed in storage. While in storage it is associated with a Warehouse and Stock Location and is counted with the overall Inventory.

 

Creating New Repairable Spare Records

To create a new Repairable Spare record use the following steps:

  1. Select Assets.
  2. Select Repairable Spares.
  3. Select New.
  4. Enter RS ID.
  5. Select Save.

 

 

How to Fill Out a Repairable Spare Record

General

RS ID: This field determines the name of the Repairable Spare record.

Asset No.: This number is used to uniquely identify each Asset in the system.

Description: This field is used to provide additional details about the Asset.

Status: This field shows whether the Asset is Up or Down.

In Service: This field shows whether the Asset is In or Out of Service.

Priority: This field provides a numerical value to determine the Asset priority. 

Type: This field is used to link an Asset Type.

Availability: This field is used to link the Asset's availability. 

MFR ID: This field is used to link a Manufacturer to the Asset.

Owner: This field is used to link a User and mark them as the one responsible for this Asset.

Vendor ID: This field is used to link a Vendor record to this Asset.

Serial No.: This field is used to display the Asset's Serial Number.

Department: This field is used to link a Department record to the Asset.

Model No: This field is used to display the Model Number of the Asset.

Cost Center: This field is used to link a Cost Center record to the Asset.

RS Group ID: This field used to link a Repairable Spare Group to this Repairable Spare record.

Latitude: This field is used to display the Asset's Latitude in terms of its physical location in the plant.

Longitude: This field is used to display the Asset's Longitude in terms of its physical location in the plant.

Default Instruction: This field is used to link a Default Instruction set to the Asset record. These instructions will then appear on all WOs created for this Asset.

Notes: This section is used to link Note Templates to the Asset record.

 

 

Location

Location: This section is used to link Assets in the Asset Tree.

Work Order Notes: This section is used to link Note Templates that will then appear on the Asset's WOs.

 


Financial

Purchase Date: This field notes the Purchase Date of the Asset.

Purchase Price: This field notes the Purchase Price of the Asset.

PO ID: This field is used to link the PO that the Asset was purchased on (if applicable). 

Life (mos.): This field is used to note the "Financial Life" of an Asset. This is the period during which it is considered economically viable for accounting purposes. 

Startup Date: This field is used to note the date that an Asset begins its "Financial Life."

Replacement Cost: This field is used to note the cost it would require to replace this Asset.

Salvage Value: This field is used to note the estimated value of an Asset at the end of its useful life.

 

Service Contract

  • Contract ID: This field is used to link a Service Contract record to the Asset.
  • Expiration Date: This field shows the Service Contract expiration date.
  • PO ID: This field is used to link the PO that the Service contract was purchased on (if applicable).

Rental Agreement

  • Rental ID: This is used to display the Rental ID of the Asset's rental agreement.
  • End Date: This is used to display the end date of the rental agreement.
  • PO ID: This field is used to link the PO that the rental Agreement was purchased on (if applicable).

Warranty

  • Warranty ID: This is used to display the Warranty ID of the warranty agreement.
  • End Date: This is used to display the end date of the warranty agreement
  • PO ID: This is used to link the PO that the warranty agreement was purchased on (if applicable).

Budget: This section is used to display the Asset's budget by quarter. 

 

 

Spare Parts

 

Spare Parts List: This section is used to link Spare Parts Lists to the Asset record.

Part List: This section is used to link Parts Lists to the Asset record. 

 

 

Meters

 

Meter ID: This is the unique Meter ID of the Asset Meter.

Description: This displays the Meter's description.

Unit: This is the unit of measurement of the Meter.

Replace/Add: This determines whether new Meter readings will be Added to the current reading or replace them.

Rollover Point: This determines the Rollover Point of the Asset Meter.

Rollover Count: This shows how many times this Asset's Meter has rollover over.

Current Reading: This displays the current reading of the Asset meter.

OPC Host: When an OPC Connector is attached to the Meter this will display its OPC Host.

PLC Tag: This displays the name of the PLC tag or OPC Connector.

Attach to WO: This checkbox will determine whether or not this Meter is added to the Asset's WOs.

 

 

Attachments

This section displays the image attachments that have been added to this record and allows you to add additional images. 
 
URL Name
Repairable-Spares-Overview
Assets