We have the concept of Total Cost Ownership. Our Spares are genuine and procured from OEMs, with better distribution, Shorter Response time, better knowledge on products, and ultimately higher product uptime
Inventory management is the part of supply chain management that aims to always have the right products in the right quantity for sale, at the right time. When done effectively, businesses reduce the costs of carrying excess inventory while maximizing sales. Good inventory management can help you track your inventory in real time to streamline this process.
By effectively managing your inventory you can have the right products in the right quantity on hand and avoid products being out of stock and funds being tied up in excess stock.
Spare parts are sometimes considered uneconomical since:
- the parts might never be used
- the parts might not be stored properly, leading to defects
- maintaining inventory of spare parts has associated costs
- parts may not be available when needed from a supplier