Does Your Spare Parts Storage Bring You Joy?

Dealing with persistent supply chain challenges has turned the whole spare parts game into a bit of a headache, hasn’t it? Prices have skyrocketed in the past few years, and waiting times for parts range from 28 to 50 weeks. Manufacturers are left with the dilemma of either stockpiling parts for those “just in case” moments or finding themselves in a bind when parts are urgently required. Sound familiar?

But fear not! In this Flip This Factory webisode, we’re diving into the depths of your storage facility and all those secret spots where you’ve stashed spare parts, just waiting for equipment gremlins to strike. We’re here to unveil how an AI and IoT-powered asset care strategy can:

• Anticipate the precise inventory you need on hand
• Fine-tune your spare parts budget
• Safeguard the longevity of your machines