SDI

The Digital Supply Chain Company

Critical Spare Parts Management

Sometimes the Smallest Parts
Can Create the Biggest Screw-ups

Uptime is everything. When revenue-generating assets go down, don’t get stuck without a bounce-back strategy.

  • Increased stress on the FM team. Longer hours. Additional repair and maintenance costs. Putting out fires to repair critical assets over other work. It all leads to more delays and a backlog of work orders.

  • Disruptions to service. Longer wait times. Reduced quality eroding the customer experience. It all leads to decreased customer satisfaction and loyalty. In other words, lost business.

  • Lost revenue. Increased repair costs. Premature asset replacement. Decreased productivity impacting the bottom line and damaging the brand reputation, potentially leading to legal or regulatory/health safety compliance issues.

two screws

Optimizing Your Critical Spares Inventory for Better Business Outcomes

SDI’s Integrated Parts Management solution for critical spare parts is designed to help organizations ensure the smooth operation of their facilities by minimizing downtime, reducing maintenance costs, and improving the overall reliability of their operations. With Critical Spare Parts Management, we identify critical assets and their critical spares–whatever critical looks like to your particular organization and performance goals. From there, we create a forecast for annual demand and analyze the safety stock requirements for each spare. Our secure storage options ensure that your critical spares are readily available when you need them.

  • Asset Inventory Management: With SDI, facilities and maintenance managers keep a comprehensive inventory of critical assets and their associated critical spares across multiple sites. This makes it easier to track asset performance and optimize maintenance strategies with supply lead times, resulting in increased uptime and reliability.

  • Procurement and Stock Management: The Integrated Parts Management solution executes the procurement and stocking of critical spares, reducing the workload for facilities managers. With Critical Spare Parts Management, facilities leverage SDI’s deep relationships with suppliers to ensure the timely delivery of spares and reduce costs.

  • On-Demand Availability: SDI ensures on-demand availability of critical spares, either on-site or off-site, to minimize downtime and ensure the smooth operation of the facility. This reduces the risk of lost revenue and ensures a consistent customer experience across multiple sites.

  • Data Management and Reporting: Managing critical spare parts ensures transparency and accuracy in ongoing spend and inventory data for critical spares, including usage and demand patterns. SDI also provides reporting on inventory levels, demand trends, and other key metrics, making it easier for facilities managers to make data-driven decisions.

  • Compliance and Security: SDI ensures all critical spares are stored and managed in compliance with relevant regulations and standards. We also provide secure storage options to protect against loss, theft, or damage, reducing risk and liability.

Reduce the Risk of Downtime and Focus on Your Priorities

Maximizing uptime is critical for revenue-generating assets. When these assets fail, it can result in costly downtime, lost revenue, and a damaged reputation. Having the necessary critical spares readily available is essential for ensuring the smooth operation of any facility.

  • Cost Savings: Critical Spare Parts Management can help organizations reduce capital expenditures associated with maintaining an inventory of critical spares. By outsourcing the procurement and stocking of critical spares to a SDI, organizations can avoid the costs of inventory management and reduce the risk of overstocking or understocking.
  • Increased Uptime and Reliability: With on-demand availability of critical spares, organizations can minimize downtime and ensure the smooth operation of their facilities. This improves uptime and reliability, reducing the risk of lost revenue and customer dissatisfaction.
  • Improved Operational Efficiency: With SDI, organizations can focus on their core operations, improving operational efficiency and productivity. This can lead to reduced maintenance costs, improved asset performance, and increased profitability.
  • Data-Driven Decision Making: The Integrated Parts Management solution for critical spares provides organizations with robust data monitoring, alerting, advanced analytics, and powerful reporting for making data-driven decisions, optimizing maintenance strategies, and improving asset performance.
  • Compliance and Security: SDI ensures that all critical spares are stored and managed in compliance with relevant regulations and standards. We also provide secure storage options to protect against loss, theft, or damage, reducing risk and liability.

Uptime is Everything

At SDI, we understand that uptime is everything. That’s why it’s critical to work with a supply chain partner to develop a proactive strategy to measurably minimize downtime. Read more about how organizations are maximizing the uptime of their critical revenue-generating assets. 

Find out how Critical Spare Parts Management can help you improve uptime and reliability of critical revenue-generating assets. Contact us today!