SPARES OPTIMISATION back

RAMsoft Ltd can carry out a statistical analysis of your spare parts holding to determine:

  • items which have excess stock and are therefore costing you money
  • items that are ordered in excess and are costing you money
  • items that have low service levels and are costing you money by incurring stock-outs
  • items that have not moved and are costing you money

RAMsoft Ltd's software can be applied to:

  • fast and slow moving parts
  • insurance spares

The analysis can be conducted in our office cost effectively if the spares data is provided in a flat database or spreadsheet. Essential data required:

  • part criticality or desires service level
  • actual usage rate, lead time, max, min, order quantity, unit cost
  • current stock holding
  • quantity on hand, on order

 
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