
The Value Of Spares
- Do you feel like your Organisation has another Production Plant sitting in spares
in your Engineering Stores?
- How much does it cost to keep these spares?
- How much does it cost if you don't have the part in the Engineering Stores?
These are questions that everyone who has responsibility for the Engineering/ Maintenance
Budget in an Organisation should be asking. The overstocking problem normally comes
from the following sources:
- The Stores Supervisor wants every spare in stock
- The Machinery Vendor supplies a Spares list containing
lots more spares than required
- The Engineer orders larger quantities than necessary
just to be sure
- Nobody wants to take responsibility to lower stock
quantities
- There is no formal system for reviewing Stock
Orders
- There is no formal method employed to objectively
calculate required stocking levels
These issues above are all generally rooted in the fact that there is no formal
method of deciding the correct Stocking Level for a spare so the automatic reaction
is to order "more than enough"
This is where PartAppraise comes in. It offers the following features:
- An objective method of deciding
on Stock/ Non-Stock, Stocking Levels for spares
- It takes into account the cost of Downtime for
your facility
- It predicts the Spares usage based on its type,
maintenance regime, past experience for your facility
- It takes into account Lead Times, Delivery, Obsoletion
etc. to calculate the real cost of the Spare
- IT SAVES YOU MONEY
Contact Us today for a free, no-obligation
consultation to see how you can save thousands in your Engineering Stores