A network spares audit, optimization, and maintenance system and method, including: an application running on a processor of one of (1) a network management system of a network and (2) a logistics management tool external to the network and in communication with the network management system of the network, the application including: a mapping algorithm executed by the application and operable for mapping network elements of one or more networks to spares depots; and a probabilistic risk analysis algorithm executed by the application and operable for utilizing statistical analysis to determine how many and what types of spares are stocked at each spares depot based on inputted conditions; wherein operation and output of the application is dynamically updated based on network configuration information automatically received from the network management system of the network.