We create Spares BOMs (Bills of Materials) for assets and equipment, to enable easy identification of the right spares, ensure critical stock availability, create Spare Parts Interchangeability Records (SPIR) and optimize procurement. There are multiple types of BOMs that are created and maintained, such as – Equipment BOMs, Functional location BOMs and Material BOMs.
In an ideal world, all asset-intensive industries would have an exact correlation of MRO spares to equipment, to minimize downtime and make sure that any faults or breakdowns are dealt with quickly and efficiently, apart from creating a reliable maintenance plan. But in the real world, that is far from the truth.
Without a well-structured spares strategy, businesses are left with one of two options: either they stock everything they may possibly need, or they make reactive purchasing decisions based on the needs of the moment. Both come with significant costs and inefficiencies, which no organization can afford in today’s world.Our multi-level equipment BOM services enable you to create hierarchical equipment/asset BOMs, with information pertaining to spares criticality, as well as specifications and details relevant to maintenance, engineering, and supply chain.
BOM Cost Reduction
BOM Cost Reduction can deliver significant savings to clients, enabling them to improve sales and margins.Read More about BOM Cost Reduction
Role of BOMs in Reliability
The Equipment / Asset BOM has a direct impact on Plant ReliabilityRead More about BOMs in Reliability
Equipment and Asset BOM Benefits
What are the Top Benefits of Equipment / Asset BOMRead More about BOM Benefits