Manufacturing plants use machinery to convert raw materials into finished products. This operating machinery will suffer from wear and tear over time, failing. Spare parts would therefore be required to minimize downtime and maintain capacity. A reliable supplier will help in this regard.
The importance of the supplier
All asset-intensive sectors are deeply concerned with achieving optimum performance. However, there are challenges to overcome, such as the timely supply of spare parts. Importantly the spare parts supplier contributes to reducing plant downtime in many ways and one of which is by ensuring the spares ordered are supplied on a timely basis. Research has shown that as much as 50 % of the losses in the manufacturing industry are due to the unavailability of spare parts when required for repairs and this contributes to increased downtime, and a loss of production capacity. Therefore, businesses must do everything they can to avoid these losses. Here is where the supplier plays an important role in ensuring spares when ordered are delivered right first time. In the past much has been said and published about the importance of timely supply of spare parts, yet companies continue to lose billions each year through unplanned downtime and late supply. In this blog post I have shared some insights on spare parts management and the importance of the suppliers in the process. More importantly how CREMMS, as your reliable supplier, can help you with your spare parts needs.
Spare parts management
Spare parts management plays an important role in helping manufacturing operations achieve the desired plant availability at an optimum cost. Given this critical need for spares, plants will only achieve optimum performance if the spares are available when required. It is here the spare part suppliers plays a critical role for equipment upkeep and repairs and to help reduce downtime. The main goal of the supplier is to guarantee the delivery of the spare, right first time. This is a balancing act and the cornerstone for effective planning and delivery of the spares to effective maintenance and repair on time.
What makes an effective spare parts management process?
No doubt an effective spare part management process is key for helping plants achieve the desired plant availability and at an optimum cost. However, I cannot share everything you need to know about an effective process in this blog. Nevertheless, it is important to note that because equipment breakdowns disrupt operations, having an effective and efficient spare parts management system brings significant benefits. Here are some simple steps to take to help you achieve these benefits:
1. Identify the spares required with their specifications.
2. Classify the spares needed as fast- and slow-moving items, critical and insurance. This supports the process to define stock levels and reorder points, ensuring the right spare arrives at the right time.
Use the Bill of Materials (BOM) from the Equipment manufacturer to help with the identification of critical insurance spares.
Implement a system to control ingress and egress to your stores to help maintain accurate inventory levels.
Take regular stocktaking, preferably monthly
Standardize your spare parts by agreeing what type/model of equipment where the spares will be used.
Establish minimum stock level and reorder points.
Some resultant benefits.
The positive impacts of an effective spare parts management system, including having a reliable supplier, are countless and the impact on your business is immeasurable. These can translate into benefits such as.
· Reduce downtime/Increase uptime
· The ability to control cost
· Improved Equipment Performance
· Able to satisfy customer requirements
· Relationship with suppliers
Your valued supplier: CREMMS
Increasingly plants are affected by the unavailability of spares when required costing losses up to £180 billion per year through unplanned downtime. The right supplier plays such an important role in helping companies reduce downtime by supplying the spares on time helps saves millions of dollars from increased uptime.
CREMMS with our modern approach provides you with the opportunity to identify and order spares timely with ease. We collaborate across a diverse ecosystem of partner organisations to drive shared value and have direct access to all your plant spares through our technology partners.
We help companies across the globe, in Africa, Europe, Guyana and the Caribbean reduce losses by over 50% the delivery of the right spares first time timely. We help to ensure your facility runs as efficiently as possible by prioritizing production to meet your needs. Today’s busy manufacturing environment demands only the highest quality spare parts when it comes to reducing downtime and maintenance overheads.
As your valued partner we help you achieve your desired results by providing a full range of your spares, responding rapidly to requests for quotations.
Our stock range includes spare parts for the sugar factories, utilities, food & beverage industries, including pumps, mill spares, boiler spares, gear boxes, cane carrier chains, and other types of process equipment. As your valued supplier we tract your items from order to receipt guaranteeing the highest level of quality and reliability. In doing so we guarantee you the following:
Assurance that your spares are right first time, satisfying the exact criteria of the project, while eliminating the risk of incompatibility or unsuitability of replacement items.
Provides you with a single point of contact for the entire scope of spares, without the need to source from different suppliers.
Reduced spares costs due to preferential supplier discounts available.
Conclusion
Overall, spare parts are an essential aspect of the maintenance and repair of equipment and machinery. Getting your correct spares at the right time, and guaranteeing to meet functional requirements is crucial. It is important to consider the criticality of the component and the cost-effectiveness of the replacement option. Therefore, having an effective spare parts management system in place supported by a reliable supplier can further improve equipment reliability and reduce downtime, ultimately leading to improved performance, profitability and growth.
I trust this article give you some insight and some food for thought. If you would like to receive future articles publication, please sign up for our newsletter. In the meantime, if you would like assistance with your spare’s parts requirement, please contact us. We would be delighted to assist you.
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