Hi there, let's agree that Spare Parts Cleansing cannot be achieved overnight...
Here are some challenges you would have encountered at your organisation.
- Duplicate entries become inevitable, leading to duplicate stocks in inventory.
- Rampant PO free-text entries, leading to unmanaged spending.
- Lack of standardisation - Spare parts data coming from sources such as manufacturers, suppliers and maintenance records can be in different formats and standards, making it challenging to consolidate, clean and analyse.
- Incomplete or inaccurate data - The data may not always be complete, accurate, or up-to-date. This can lead to incorrect inventory levels, misdiagnosed equipment failures, and longer lead times for ordering new spare parts.
- Ageing assets - As assets age, spare parts may become obsolete or no longer available, making it challenging to maintain equipment and keep it running.
But we are here to help with a FREE Data Health Assessment.