parts
Two Minute Tips
Calculating the Hidden Expenses of Spare Parts Inventory
In industrial operations, there’s a common assumption about spare parts. The fiction? Once you pay for an item and put it on the storeroom shelf, it doesn’t cost anything to keep it there. But the fact is that there are significant costs associated with holding spare parts on the books...
- Tara Holwegner
- Life Cycle Engineering
10 Minute Talk
Real World Examples of Inventory Management
I reached out to several business owners and other consultants to get their real world perspectives on inventory management techniques in their own industries.
- Jeff Roscher
- eWorkOrders
Articles
How Important is a Bill of Materials?
The key to effective asset and maintenance data management is accuracy. An EAM system can only do so much with poor quality data and the same applies to BoMs. BoMs can provide accurate material information in real time to ensure all parts are stocked and identifies which parts are needed to complete work orders.
- Adanna Anyalachi
- HubHead
Articles
Buried in Your EAM system?
If you have a maintenance role at an asset-intensive organization, you are probably aware of the amount of data in your EAM system. Amidst all this data, there are almost certainly gaps and inaccuracies. Migrating to a new EAM system is an excellent opportunity to fill those gaps and correct those inaccuracies.
- Maria McLoughlin
- HubHead
Articles
Logistics Is Key to Restoring Uptime in Heavy Industries
Large scale infrastructure projects that rely on heavy machinery are sensitive to downtime. When heavy equipment needs a part replaced, every minute counts. Managing parts availability and flight schedules for a maintenance part or repair and return can be a tough logistics challenge..
- CAP Logistics
Two Minute Tips
Effects of Poor Maintenance BOMs
What is a maintenance BoM (Bill of Material)?
In an EAM System, a maintenance BoM captures spare part information for a piece of equipment. This information is used during maintenance to determine the correct spare parts to replace.
- Sophie Strobel
- HubHead Corp.
