Spares management systems combine a look at your hardware with a software support tool that can help you share information on your operations and what you need.... Allows you to keep spare inventory levels low, reducing carrying and storage costs but providing access to spare parts when needed.
Spare parts are necessary for ensuring the functioning of the critical equipment of many companies, and as such, they play a central role in these companies’ operations.
- One way to sum up this advantage, according to Messenger, is that “You do more with less.” The increased service level is most closely tied to the concept of right parts, right place, right time. Businesses that implement the software and systems that drive efficiency in the spare parts planning space typically see a gain between 5 percent and 10 percent in inventory service levels following a good implementation. Parts are better able to be put to use quickly and effectively.
- Downtime simply due to the want of a specific part – or even an array of different ones – is generally avoidable with a strong spare parts management system.
- Finding the optimal balance between stocking levels for inventory and the investment made into spare parts is difficult without the right tools. Companies hold themselves back whether they’re carrying too much inventory or too little.
- These are parts that wear out over time due to contact with materials, products or machinery and can’t typically be repaired. Parts that are consumable tend to be lower-cost and are stocked in multiple quantities. An example of this type of part is a brake pad – much like a car brake pad over time the pads will experience wear and need to be replaced.
-A minimum critical part is essential to your machine’s functionality and is typically unique to its operation. While these parts can be repaired, spares can’t be obtained through normal distribution channels and tend to have long lead times. This makes having spares on-hand essential in order to keep production moving. This type of part is most likely to be damaged or fail during transport, setup or startup. An example this type of part a seal jaw; because it is specially fabricated for your system, a special order or repair will need to occur for it to be replaced.
-These are the parts that may eventually wear out and require replacement after several years of use. These parts are typically repairable items and ordering lead times for spares will vary. An example of a long-term part that may need to be repaired down the road are drive rollers.