Driving effective Asset Management
Millions are wasted each year in asset-intensive and service industries through inefficient MRO supply chain management. Vetasi bridges the gap between engineering and supply chain management, through effective risk modelling, identification of generic spare parts lists, the implementation of standardisation in asset classification, item cataloguing and applying advanced analytics in inventory planning. This leads to significant improvements in the financial performance of the asset portfolio.
Having the right materials at the right time requires a holistic approach to material requirements in line with asset usage, supply constraints and lead times. Any inefficiencies in this process reflect in critical spares availability and high stock holding, leading to unplanned downtime, loss of performance and working capital constraints.
Causes include a lack of effective risk-based spares planning, the inability to locate spare parts due to non-standard descriptions, spare part lists not linked to assets, service and repair tasks not effectively planned as well as a disconnect between maintenance and supply chain planning. Vetasi bridges the gap between engineering and supply chain management. Through effective risk modelling, identification of generic spare parts lists, the implementation of standardisation in asset classification, item cataloguing and the application of advanced analytics in inventory planning, significant improvements in the financial performance of asset portfolios can be realised.
Speak to our expert: Wiehahn Carstens enquiries@vetasi.com.
