Manufacturing and process businesses lose between 5% and 20% of their annual productive capacity from outages, frequently due to lack of spares. Essentially, a significant amount of operations simply don’t optimize their spare parts inventory control.
This is understandable, given that spare parts management has features that distinguish it from standard inventory control. For example:
- The repairability of some spares
- Low turnover of parts
- Multiple vendors offering the same part
Many operations don’t make these necessary distinctions in their processes. As a result, they suffer excess downtime, maintenance periods and lost production.
Your business doesn’t need to be one of these. Our GP MaTe Inventory Module works as a parts inventory analyzer, tracker and procurement tool all in one. This benefits your operation by optimizing storage for the spares, lowering inventory costs and reducing outage time.
Keeping Downtime Down
In production and processing, unplanned downtime is inevitable. To help minimize this, GP MaTe identifies the parts that fail the most often, highlighting weak links in the chain. Additionally, it reports on the likely effect on production if those parts are not available.
This allows you to focus on efficiency measures in advance and turn unplanned repairs into efficient planned maintenance.
Spare Parts Inventory Control
Balancing optimal inventory levels while ensuring the right parts are available can be challenging. GP MaTe tracks and analyzes historic and real-time part use based on accurate data. This ensures optimum inventory use and guarantees you’re never short of essential spares.
In addition, procurement becomes streamlined by calculating the exact units and frequency required for optimum replenishment. Stored information about preferred sellers enables scheduled automatic re-order if required, keeping purchasing focused on where it needs to be.
Industry Tried and Trusted
GP MaTe has over 25 years’ experience delivering critical spare parts management solutions. We deliver multinational support in numerous language options. Some of our clients include the top names in manufacturing, process industries, and power production. Many of them use our software to make their spare parts inventory management cost-effective and efficient.
To find out more about how to, please contact us for more information.
About GP MaTe
GP MaTe is a user-friendly maintenance and material management system that facilitates maintenance management solutions, work orders and critical spare parts management. Our product has many optional modules that support Safety (PSM, MOC and LOTO), Budgeting, Multi-plant information sharing, and Operator Tours and Data Collection. The system is available in many languages and interfaces with most accounting and ERP systems.