METHOD FOR FACILITATING AND MAINTAINING AN ACTIVE PARTS DATA REPOSITORY

An exemplary embodiment of the invention relates to a method for implementing a preferred parts plan over a communications network via a parts database process tool. The method comprises extracting data relating to a part from a general parts database; evaluating demand activity and purchase activity relating to the part; verifying the date in which the part was entered into the database; evaluating conditions associated with the part and associating a status code to the part based upon the results the evaluations. The part data is then transferred to either an active database or an archive database depending upon these results and available for council review.