CMMS, EAM & Spare Parts Management worked example
Parts Obsolescence Risk with financial impact of stranded inventory of 3.5 score: a worked example
This worked example runs the parts obsolescence risk numbers for a tougher week than the baseline: financial impact of stranded inventory of 3.5 score instead of the typical 7 score. Score the risk that stocked spare parts become obsolete because assets are retired, vendors discontinue parts, or demand disappears.
The inputs for this scenario
- Financial impact of stranded inventory (severity): 3.5 score (the input this scenario stresses; the baseline uses 7)
- Likelihood the part has no future demand (occurrence): 5 score (held at the documented default)
- Weakness of retirement and demand-review controls (detection): 6 score (held at the documented default)
Working through the calculation
- The calculation starts from the formula this tool documents: Parts Obsolescence Risk risk score = obsolescence financial impact score × likelihood of no future demand × weakness of asset retirement and demand review controls.
- Parts Obsolescence Risk risk score works out to 4.65 score at these inputs, and this is the headline figure for the scenario.
- obsolescence financial impact score works out to 3.5 score at these inputs.
- likelihood of no future demand works out to 5 score at these inputs.
- weakness of asset retirement and demand review controls works out to 6 score at these inputs.
How this compares with the baseline
- Against the tool's baseline example, where financial impact of stranded inventory sits at 7 score and the headline result is 6.05 score, this scenario comes in 23.14% below the baseline at 4.65 score.
- Use it during periodic inventory health reviews, asset-retirement events, or annual write-off provisioning to prioritize which parts to investigate first. A result at this level usually justifies acting on the stressed input before touching anything else, because every other figure in the table is downstream of it.
Results at a glance
- Parts Obsolescence Risk risk score: 4.65 score (headline result)
- obsolescence financial impact score: 3.5 score
- likelihood of no future demand: 5 score
- weakness of asset retirement and demand review controls: 6 score
Run it with your numbers
- To rerun this with your own numbers, open the live Parts Obsolescence Risk calculator, set financial impact of stranded inventory to your actual value, and adjust the remaining inputs to match your operation.
Last reviewed 2026-05-12.