TERM |
ALSO CALLED |
EXAMPLES |
MEANING |
Component |
Part, Product |
|
An element which can form part of another Component,
or a final assembled piece of Equipment. |
Consumables |
|
Gas, Hydraulic fluid, sand. |
Commodities which are purchased and
used in the field during operation of the Equipment in Construction.
They may also be used during manufacture of the Equipment.
This is to be confirmed by Mark.
|
Equipment |
Part |
|
An Item of Equipment is always made in-house, and never purchased. |
Manufacturer |
Suppliers |
|
Commercial organizations that manufacture and may also supply,
Components and Consumables. |
Materials |
|
Aluminum |
Commodities that are always purchased, and used in manufacturing Items of Equipment. |
Part |
Component |
|
A Term used to refer to many different things.
For example, an Item that can be bought in or made.
A Part is not an Item of Equipment. |
Product |
Component, Part. |
|
Can be a Component from a Vendor,
as well as a manufactured item of Equipment. |
Suppliers |
Vendors |
|
Organizations that supply Components or Items that are purchased.
A Supplier can be a Vendor or a Manufacturer. |
Vendors |
Suppliers |
|
Commercial organizations that supply, but
do not manufacture, Components and Consumables. |