Spare Parts Management is a balance between making sure that you don’t stock out of a critical part, while at the same time keeping your inventory value as low as possible.
Keeping inventory low minimizes the monetary value held up in stock and frees up cash flow for other activities. At BE Networks, we take this burden off your team’s shoulders by offering our tailored Spare Parts Management contracts.
Our client, market leader in the tire industry, came to us looking for an opportunity to move some of their old stock. By digging around, our Purchasing team discovered the root of the client’s problem: no proactive Spare Parts Management strategy due to lack of financial resources.
After working closely with the client side for several days and comprehending their special boundaries due to global contracts and logistics, our team suggested the development of a customized, cost-efficient purchasing strategy that would fit our customer’s needs. The solution included immediate pick-up of the client’s excess stock and a maintenance contract with NextBusiness-Day replacement support focusing on Spare Parts and other commonly purchased items.
By outsourcing their Spare Parts Management, our customer managed to save close to 30% of their yearly purchasing budget and move highly-valued stock that was sitting in their facilities. Since then, we have renewed the contract 3 times, every time by taking into account the customers updated needs.
Contact our Team, use our services and do not worry about your purchasing of spare parts anymore!