Save costs with our spare parts management tips

Save costs with our spare parts management tips

The spare partsor spare parts, are indispensable in any industry. Good management is responsible for by facilitating and optimizing the replacement of broken, damaged or worn parts due to the action of time or operating stresses.

For this reason, it is very important to ensure not only a complete stock, but also good management of these items. Active management of spare parts ensures that, in the event of any unforeseen circumstances, your company has the right quantity of parts at the right time. This avoids costs or losses in production.

Spare parts stock

Every piece of equipment has a spare parts list, with items that cannot be missing from your stock. If you don't have spare partsThis means that you are doomed to a decrease in production, a reduction in product quality, loss of profits, and high costs and delivery times for emergency replacements.

To avoid any problems, you need to have your stock ready and ensure that your inventory is well managed. In this way, your company saves on stock costs and more assertive maintenance.

Benefits of good spare parts management

Good spare parts management brings countless benefits to your business. Imagine that a very important piece of equipment has broken down. If you don't have the spare part, the downtime will affect the efficiency of the process, throw off the schedule and your targets.

However, if the part is available in stock, it is easier to change the item quickly. This prevents production from being stopped for hours or days. All targets will be met, orders will be delivered on time and at a lower cost to the organization, since buying emergency items is usually much more expensive.

Proper stock management is a way of controlling risks, improving productivity and, as a result, maintain or even improve your company's profits.

5 essential tips for good spare parts management

1. Organize your stock

The first step to staying organized and not wasting time in spare parts management is to organize your stock. Check it out:

  • what you already have;
  • what you need;
  • where each piece is;
  • equipment manuals and manufacturers' recommendations.

This makes it easier to keep the inventory up to date and get rid of defective, expired or damaged parts, for example.

2. Classify parts according to criticality

Criticality refers to the most important items for your industry. In this sense, the factors you should evaluate are:

  • criticality of the equipment or process;
  • more frequently replaced parts;
  • possibility of the machine breaking down;
  • difficulty in finding spare parts;
  • delivery time.

From this analysis, inventory becomes much safer, more efficient and with the lower cost applied. At the same time, you avoid excess or unnecessary parts.

3. Use stock control software

For really effective control, use software to continuously monitor stock, as well as the condition of components and machinery.

In the system, and in the stock itself, organize spare parts in safe places, with barcodes, standardized descriptions, purchase order data, minimum and maximum storage levels.

It's also important to have a name:

  • number of items available;
  • unit cost;
  • obsolete items;
  • surplus stock;
  • amount of investment in critical spare parts.

4. Make a cyclical inventory

Continuous stock monitoring is essential. To do this, carry out a cyclical inventory on pre-defined dates. This is a practical way of assessing the integrity of parts, identifying what is in excess and ensuring that you have everything you need in stock for any eventuality.

5. Create an action plan

Finally, create an action plan with targets according to the manufacturer's manual for each piece of equipment. This way you can keep pace with the company, ensure that all objectives are achieved within the right timeframe and, if necessary, reorganize processes.

SSE solutions for WAUKESHA® spare parts

SSE knows that spare parts inventory management is important for improve performance with competitive values. But your company also needs quality parts. That's why at SSE you'll find the best ready-to-use solutions capable of optimizing your production.

SSE has a complete range of products for upgrading and maintaining WAUKESHA® gas engines, covering all lines of spare parts for the cooling, ignition, supply, exhaust and related systems. Acting as Authorized Channel Partner in Latin AmericaOur portfolio includes:

  • Ignition coils and spark plugs
  • Seals, gaskets, joints and connectors
  • Regulators, transducers and controllers
  • Thermocouples and thermostats
  • Overhaul kits
  • Special tools

We have a global support network with OEM (original equipment manufacturer) certified teams, and we offer a complete application guide for equipping WAUKESHA® gas engines. 

Check out our detailed portfolio and all the advantages that the Waukesha solutions + SSE Brazil can provide.

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