Parts & Materials Management
Enterprise Parts Management That Runs Like a Well-Oiled Machine.
A Parts & Material Data Domain Helps Alleviate Errors and Inefficiency.
Plan for spare parts procurement and reduce the risk of not having critical spares to drive efficiencies and savings.
In many precision industries – like large-scale construction, shipping, oil, and gas, or other energy sectors – machine parts are engineered specifically for a single purpose or application. These parts may be built internally, but more often, they are manufactured by one or more vendors. Many components can take a long time to build due to extensive design, approval, build, and test processes. The lead times in procuring replacement parts can cause lengthy delays and result in critical downtime in production.
Master Data Management with Parts & Materials can alleviate the crunch felt by these industries by storing detailed information about each part or material, how it can be sourced or replicated, and how many replacement parts are available at any given location within the enterprise.
PARTS & MATERIALS DOMAIN BENEFITS
- Leverage existing parts (and their designs) in order to streamline building new parts based on existing or modified designs.
- Manage inventories of parts and materials by location.
- Identify parts from different vendors that can be used through relationships of interchangeability and supersession.
- Facilitate more effective communication between contractors and vendors.