Description:
Many industries depend on the availability of high-value capital assets to provide their services or to manufacture their products. Companies in these industries use capital assets in their primary processes and hence downtime can among others result in (i) lost revenues (e.g. standstill of machines in a production environment), (ii) customer dissatisfaction and possible associated claims (e.g. for airlines and public transportation) or (iii) public safety hazard (e.g. military settings and power plants). Usually the consequences of downtime are very costly
What we can do for you ?
– Develop processes, tools and methodology to evaluate critical spares
– Link the Asset master data and materials inventory to criticality and consumption
– Write reports and present results for high risk gaps in critical spares
Case Study:
For large U.S based operator, developed a critical sparing strategy, process and tools to evaluate the critical spares. The tool was linked directly to the clients SAP system to extract the Equipment and Materials Master data. The result of this exercise was:
– a standardized methodology to complete spares analysis
– A “live” tool that can be provide on demand results
– Identification of $4M work gaps in critical spares
– Initiation of a warehouse management strategy