Spare parts management

SPARE PARTS MANAGEMENT

Spare parts management is the main component of a complete Strategic service management process that companies use to ensure that right spare part and resources are at the right place (where the broken part is) at the right time. Many effective and proven strategies are there to manage spare parts in order to achieve an effective asset management.

Spare parts are the lifeblood of operational reliability and plant capacity. No plant can operate at a high level of output without a reliable supply of functional spare parts.

Yet, spare parts are also the most overlooked contributor to reliability outcomes. Many organizations routinely operate without properly implementing even the most fundamental aspects of spare parts management at their sites. Often these organizations have storerooms with neat shelves and clear labels but this is not enough for highly reliable spare parts management. Effective spare parts management is essential for making a difference in the operational reliability.

Superficially, achieving best practice spare parts inventory management looks simple because spare parts can appear to be just like any other inventory. But in reality they are different from other inventory types and this is reason why best practice (or even good practice) can be so hard to achieve.

The one-stop spare parts service solution provides the spare parts supply, stockroom network and inventory management, spare parts logistics, and other services. The time when spare parts are delivered can be accurate to the hour. The parts service solution of ECOTEREN contains the following contents:

Parts storeroom design: The storeroom architecture is designed systematically through advanced methods and tools.
Parts disposition: With the advanced parts allocation algorithm, parts are disposed reasonably, meeting the requirements for practical parts delivery.
Parts management: including routine delivery of parts from and to stockrooms, storage, and stocktaking. It adapts to the customer network changes and meets the requirements for business development.
Parts replacement service: After receiving a parts replacement notification and a faulty part returned from a customer, ECOTEREN sends the good part to the designated place within the period specified in the contract for replacing the faulty one.
Parts detection service: Some parts in the stockroom are left unused for a long time. ECOTEREN detects them to ensure good performance of the parts.
Parts report: ECOTEREN provides statistical analysis reports and safety stock reports to customers, including delivery on-time rate, parts inventory turnover rate, ratio of unreturned parts after expiration, and ratio of parts being returned back on time .

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