Dear Experts,
In non-serialized refurbishment process, we perform maintenance of pieces of equipment and repairable spares.
Equipment: Pump / Motor those are installed at plant functional locations and also available in inventory (maintained as materials) ------ non serialized
Material: high value shafts / pistons etc. those are treated as spare parts of equipment ------ non serialized
In case of material as mentioned above we perform refurbishment then system debit all the cost on material moving average price in their respective valuation type ----- no problem facing with this process
I want to know
In case of equipment as define above
why we perform refurbishment?
should it be capitalization of equipment and perform via normal maintenance order not from refurbishment?
what is the best practice to treat these kinds of equipment maintenance ?
Further, I would also want to know, If I am on right approach then what will be the process of equipment maintenance when equipment needs to send to vendor for repair ? can we use sub contracting functionality without material movements? what would be the best practice in this case also?
Thanks in advance.....