Manufacturing companies such as ElringKlinger AG are faced with various challenges these days. The aim is to avoid plant downtime at all costs, which is why large quantities of spare parts are placed in on-site storage. This results in high inventory costs for spare parts, which in an average of 42% of cases are never used and end up being scrapped.
In addition, spare parts are sometimes stored twice and three times in the ERP system, as manual creation using Excel lists is prone to errors. The unclean data structure results not only in higher procurement and storage costs, but also in longer search times and thus in a higher risk of plant downtime.
To solve this problem, ElringKlinger relies on the SPARETECH app to automate processes from identification to ordering spare parts.
In this way, ElringKlinger AG was able to save procurement costs amounting to € 90,000 within just 9 weeks.
"Thanks to the intelligent search function of the SPARETECH app, we can identify spare parts already in stock around the world more reliably than ever before. This saves us unnecessary procurement costs and storage space," explains René Hackbart, Director Maintenance at ElringKlinger AG.
Beyond the savings in procurement costs, the SPARETECH matching algorithm was able to identify and clean up 7% duplicates in the global material master. This enabled the automotive supplier group to reduce inventories at the push of a button.
"Thanks to the efficient and reliable data preparation of over 30,000 material numbers, we were able to immediately start reducing inventories in all plants," René Hackbart continues.
You too can benefit from the SPARETECH app and find out your savings potential in a free quick check.
