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Spare parts management
Have the right part on the day of the breakdown, without tying up cash in dead stock.
The problem
The storeroom is often overstocked and empty at the wrong moment at the same time. Parts sit for years while the critical part is missing on the day of the failure.
Inventory weighs on cash flow, stockouts cost downtime, and replenishment rules are rarely suited to maintenance parts, which move slowly and cost a lot.
Our approach
- Catalogue clean-up: duplicates, incomplete descriptions, manufacturer part numbers.
- Linking parts to assets through bills of materials, to know which part serves which critical asset.
- Cross classification VED (vital, essential, desirable), FSN (movement) and ABC (value).
- Stock level calculation, including models suited to slow-moving parts, and selection of replenishment methods.
- Action plan for dead stock: keep, reallocate, sell or scrap.
Deliverables
- Structured and cleaned catalogue
- VED, FSN and ABC classification
- Stock parameters per item (min, max, reorder point)
- Replenishment policy
- List of dead stock with recommendations
A topic to address on your site?
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