Your plant has several custom-built production machines that use various plug-in circuit boards. The standard practice has been to troubleshoot to the board level and then replace the entire board.
Corporate management sent a consultant to your plant to look for ways to reduce costs. One of his recommendations was to have maintenance replace the failed component on a board rather than replace the whole board. His math showed a cost-savings of 83%.
Sounds like a no-brainer until you look more closely:
1. Probably something in your power distribution system zapped that component. The other components were also stressed. The “repaired” board almost certainly has a much higher risk of failure than a new one.
2. Sending the electricians to electronics training so they can properly solder on a two-sided PCB and operate the requisite bench equipment is not a trivial expense. Neither is the requisite bench equipment.
3. If you have spare boards in inventory, replacement is quick. Repairing a board while the machine is down doesn’t make economic sense; perhaps repairing the damaged one after replacing it with a spare does, but see the previous two points.