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Articles: MRO - Spares Management

Beyond Vending…. More than Tracking Inventory and Purchasing Parts

Die castings are among the highest volume, mass-produced items manufactured by the metalworking industry.  J. L. French, headquartered in Sheboygan, Wisconsin, is a global supplier of quality aluminum die castings specializing in powertrain and automotive components having three manufacturing plants in the United States and one in Spain.  It’s not uncommon for large manufacturers such as J. L. French to spend millions of dollars every year on the MRO (Maintenance, Repair, and Operations) side of manufacturing.  In 2005, J. L. French realized that controlling these types of costs on MRO, spare parts, tooling, and other indirect material used in the secondary machining operations should be a priority according to Warren Hacker, Manager of North American MRO Purchasing.  Being naturally analytical, Hacker had numerous questions regarding asset management and inventory control.  Questions such as…Where is all this material going?  Why do we have so much of this and not enough of that?  Why are so many of our invoices not matching our purchase orders?  Bottom line…How much is it really costing us to manufacture these parts?

Care For Your Spares

Poor Spare Parts Maintenance Can Kill Your Plant’s Efficiency

by Wally Wilson, CMRP, CPIM

You could, unknowingly, be introducing premature failure to your equipment assets. And inadequate inventory management practices for spare parts in your Maintenance, Repair, and Operating supplies (MRO) storeroom could be the cause.  The storeroom is one of the foundation blocks that support the maintenance department’s efforts to keep production equipment running at the most efficient levels possible.

Inventory Management Strategies

By Randy Walker

1) Introduction to Inventory Management

For Facilities Maintenance Organizations, the quickest and most substantial "hard dollar" returns are achieved through the Inventory and Purchasing modules. Even in Equipment-centric Organizations, where the emphasis is on uptime and asset efficiency, the savings from improved materials management can be sufficiently large to cover the cost of purchasing and implementing a CMMS project.

 

Is Stock Turns the OEE of Spares Management?

Imagine for a moment that you oversee three production facilities. Imagine that these facilities require significant capital investment and sit on sizable and valuable blocks of land. Imagine also that each of these facilities produces nearly identical product that is all channelled through a single central distribution center. Now imagine that each facility operates for one shift per day, five days per week and has done so for years because the market is mature and steady. If it were your money invested in these facilities, what would you?

Maintenance Inventory and Purchasing

The inventory and purchasing staff have the largest impact on maintenance productivity than any other support group.

An interesting statement; but how does inventory and purchasing affect the maintenance organization?

Squirrel Stores - How Much do Squirrel Stores Cost

By Phill Slater

The following example demonstrates the inventory effect of squirrel stores.

 

Squirrel Stores and Why You Would Be Nuts to Keep Them

by Phillip Slater

Breaking the locks was the only option. It was 2:00am and Line 1 had stopped completely.

The Missing Link in Reliability

Many Equipment Failures Could Be Linked To Materials Management

by Art Posey and Phillip Slater

Oh no, not again!  Is this the perennial cry of the maintenance and reliability professional?  We all know this situation: a recent failure was repaired and has now failed again shortly after.

What’s the Real Cost of Spare Parts Inventory?

It's always disappointing, but no longer surprising, to find people who actually believe that once you pay for material and put it on the shelf in the storeroom, it no longer costs anything to keep it there. The fact is, there are significant costs associated with holding spare parts on the books.

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