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Solution Brief

Accelerate Spare Parts Management with ThroughPut.AI

Optimize more successful, cost-effective spare parts management by moving parts faster with the right carriers from the best locations with the shortest lead-times

 

For asset-intensive businesses, inefficiencies such as lost productivity, costly downtime, and escalating inventory expenses can result in poor spare parts management and planning. This can significantly impact the bottom line and lead to inventory failures, causing either a shortage of essential parts when they are most needed or an excess of unnecessary parts due to overordering, both of which incur additional costs. Therefore, optimizing spare parts management is crucial for the success of all supply chain, manufacturing, and maintenance operations.

In this solution brief, we will share key insights on:

  • Major challenges faced by asset-intensive industries  in planning, sourcing, business continuity and manufacturing 
  • How businesses can proactively and dynamically rebalance inventory levels allowing them to significantly unlock
    working capital while also avoiding overstocking or understocking their inventories.
  • Overview of ThroughPut.AI Spare Parts Management - Features and Benefits, How it works