5 Reasons Multi-site FMs are Moving to a Single Spare Parts Management Platform
September 2021
I’ve spent over 40 years in the facilities trade, with experience ranging from general building construction and facilities maintenance to construction equipment operator. In the last 17 years, I’ve focused on Supply Chain Management in the Facilities Management arena. And for any multi-site facilities leader, the inefficiencies in the parts and materials supply chain and buying process results in technicians spending at least a quarter of their time searching or shopping for parts. And it’s a huge chunk of their budget as well.
SDI in Action
Tail Spend Management Solutions That Work
It makes sense that most manufacturing companies actively manage their direct supply and large capital expenses. It is a fairly simple task because most of an organization’s spend will be concentrated among relatively few vendors. In fact, the indirect supply chain has been shown to adhere to the Pareto Principal, which states that a company will spend 80 percent of its budget with 20 percent of its vendors. With most of their eggs in only a few baskets, enterprises understandably watch those baskets like hawks. They aggressively negotiate favorable prices and delivery schedules, solicit multiple RFPs, and enter long-term contracts take other precautions to keep costs as low as possible.
Why Your Maintenance Strategy Is Only As Good As The Data In Your CMMS
Whether your maintenance scheduling and inventory control tasks depend on SAP, Maximo, Asset Suite, eMaint or another CMMS, it is only as good as the data it uses. With clean, complete data, manufacturing firms can rest assured that the right parts are in stock at the right time and in the right place.
The Maintenance team’s problem is like everyone else’s. It’s an overwhelming task to figure out how to clean up their data, how to build a reliability strategy, and how to build an asset life optimization strategy while doing their everyday job.
.jpg?upscale=true&width=1120&upscale=true&name=border_img%20(1).jpg)
