The advantages of inventory spares management to manage manufacturing maintenance 

The advantages of inventory spares management to manage manufacturing maintenance , Having spare parts available is an important element

Certain managers of operations or maintenance might say they would like to have to keep everything in their store, however, this isn’t practical,

Spares represent capital expenditure for products that have no net contribution to the bottom line. Many spares require additional space to store.

Therefore, by reducing spares you’re saving space and the cost of holding. Buy dell latitude e6330 laptop online.

We spoke to SAGE Automation’s National Service Manager Deon McHatton about the advantages and significance of standardization of manufacturing parts maintenance, and what the most effective techniques are.

What is the standardization of parts? What is the reason I should standardize spare parts?

The advantages of inventory spares management to manage manufacturing maintenance

There are many positive reasons to consider:

Reduce capital expenditure on component

If you’re using the non-standard equipment in your facility it is necessary to carry many spares due to the fact that they’re different models, brands, and even vintages

Here are a few additional advantages to the financials of parts standardization:

A list of standard components stops the incorrect parts from being purchased.

A store with fewer parts is more likely to be organized, which means there’s less risk of things being lost or ordered accidentally or being not reordered after it’s been used.

Standardisation means stocking the most critical components, but not all which reduces the cost of spare parts and frees up money to invest in plant improvements.

Optimize your space inventory spares management to manage manufacturing maintenance 

A smaller supply of spare parts can significantly increase floor space or vertical space, creating new possibilities for production or optimization.

Are more skilled, have better-trained employees

The standardization of equipment allows you to concentrate training on two or one set of equipment instead of five or more. This lets staff maintain the current status of equipment, and to be able to resolve issues and also enhance maintenance programs.

Repairs can be made easier inventory spares management to manage manufacturing maintenance 

Standardization permits parts to be “pulled into assembly” instead of having to place an order for it and then wait for it to be delivered. Furthermore, employees who are knowledgeable of standardized equipment and spare parts are able to fix it more quickly when it malfunctions. Check out 2nd hand laptop price online in India.

Repair faults faster and reduce the amount of downtime

The availability of spare parts will allow plants to recover quickly after interruptions. The standardized parts are likely to be available, labeled, and easily accessible in times of need.

Additionally, keeping them in mind will give you an idea of the supplier supply arrangement and won’t be waiting for a stock-out or ‘no longer made item.

Simplify vendor supply chain

Standardization can make it easier for businesses to handle ordering and stocking spare parts. The benefits for the entire business include a diminution of the suppliers’ accounts that are managed by finance departments and less processing performed by the inventory and warehouse departments.

Reduce the total expense of ownership (TCO) for equipment

The less expensive equipment might be suitable for the ‘run it until it fails’ method however, they will need non-standard spares kept in stock, which will require additional storage space.

High-quality, durable equipment that is easy to keep in good repair will reduce spares inventory, cut down on TCO and optimize the floor space.

How can I make parts more standard?

Everyone is going to do it differently However, here are some best practices for this field:

Begin by determining your equipment’s criticality rating. Also, make sure you have spare parts you need for the most important items of equipment. Better yet, you should work towards standardizing equipment,

so it’s simpler to maintain a uniform collection of components.

Clean out inventory, label and reorder. 

Check out the storage you’re using for your electrical boards, bearings belts and gearboxes.

If you’re fortunate enough to be part of an innovative product line Try the zero-based method of identifying parts. This approach requires “What is the minimum list of part types we need?”

Explore suppliers and get to know the locality of their operations and their manufacturing process. Make sure you order the most critical components that will take time to manufacture and then deliver.

Why? With current documents and a list of typical suppliers,

The company does not have to worry about being dependent on information that is only stored in a person’s memory.

What happens when the individual leaves or becomes unavailable?

Incorporate inventory checks into your existing manufacturing maintenance program.

Staff members in maintenance and operations on any modifications to equipment.

Consider a standardisation of the parts for every project.

They may not think about the longevity of the system to ensure that they meet the budget for the project. 

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