Monitoring, management and optimization services can help minimize the risk of downtime
What are the hidden costs of your aging infrastructure? One big ticket item: Finding the right parts at the right time for preventive (or real-time) maintenance.
The first priority of any asset and plant optimization is having reliable spare parts on your storeroom shelves. But if you have the parts in stock – do you know how to find them?
That last part is critical to keeping machines up and running and reducing overall inventory carrying costs.
Success Through Inventory
If asset management is a struggle for you, you’re not alone. While managing aging equipment is an often overlooked component of a maintenance program, it shouldn’t be – because an estimated $65 billion worth of legacy assets are nearing the end of their useful life.
Can you benefit from better parts management?
Stay ahead of maintenance issues so you can minimize the risk of downtime as you modernize. A phased approach (identify, research, quantify and prioritize) can help you efficiently and effectively address obsolescence risk.