Reduce inventory costs by 40% while eliminating stockouts. Our intelligent spare parts reorder system optimizes stock levels, automates purchasing, and ensures parts availability when you need them most.
Balance inventory costs with parts availability through intelligent reorder management.
Stop overstocking and stockouts with data-driven reorder points. Our system integrates with PM scheduler blueprint to predict parts needs based on upcoming maintenance.
| Metric | Before System | After System | Improvement |
|---|---|---|---|
| Carrying Costs | $285,000 | $171,000 | 40% ↓ |
| Stockout Events | 85/year | 8/year | 91% ↓ |
| Rush Orders | $65,000 | $7,500 | 88% ↓ |
| Obsolete Stock | $45,000 | $5,000 | 89% ↓ |
| Total Savings | Annual | $247,500 | |
Our AI-powered system calculates optimal reorder points based on usage patterns, lead times, and service levels. Link with vendor PO process for seamless procurement.
Focus resources on high-value parts while optimizing all inventory levels. Track costs with budget variance tracking for complete financial visibility.
20% of parts = 80% of value
30% of parts = 15% of value
50% of parts = 5% of value
Eliminate manual ordering with automatic PO generation when reorder points are reached. Track all maintenance costs with comprehensive downtime and cost reports.
Reduction in ordering time
Order accuracy rate
Critical part stockouts
Lower inventory costs
Real-time tracking of all parts inventory across locations.
System detects when stock hits calculated reorder point.
Automatic PO creation with optimal quantity and vendor selection.
Route for approval, send to vendor, and track delivery status.
Manage parts across all locations with intelligent stock balancing. Integrate with work order creation to ensure parts availability for every job.
View inventory levels across all locations from a single dashboard with transfer recommendations.
Automatically balance inventory between locations to minimize carrying costs and prevent stockouts.
Track usage patterns by location to optimize stocking levels and reduce emergency transfers.
Get answers to common questions about optimizing spare parts inventory management
Our system uses advanced algorithms that consider average daily usage, lead time variability, desired service level, and safety stock requirements. The formula accounts for seasonal variations, PM schedules, and historical demand patterns. Reorder points are automatically adjusted based on actual consumption to maintain optimal stock levels while minimizing carrying costs.
Most fleets reduce inventory carrying costs by 30-40% while improving parts availability. Savings come from reduced excess stock, elimination of obsolete parts, bulk purchasing optimization, and prevention of emergency orders. A typical 100-vehicle fleet saves $200,000-$300,000 annually in inventory costs alone.
Yes, the system supports multiple suppliers per part with automatic vendor selection based on price, lead time, quality scores, and availability. You can set preferred suppliers, backup vendors, and emergency sources. The system tracks vendor performance and automatically adjusts preferences based on delivery reliability and quality metrics.
ABC analysis categorizes parts by value and usage frequency, allowing you to focus resources where they matter most. Category A parts (20% of items, 80% of value) get daily monitoring and precise forecasting. Category C parts (50% of items, 5% of value) use simple reorder rules. This targeted approach reduces management overhead while ensuring critical parts availability.
Yes, warranty parts are tracked separately with integration to our warranty claims flow. The system identifies warranty-eligible parts, tracks warranty periods, and automates claim documentation. This ensures you don't purchase parts that should be covered under warranty, saving thousands annually.
The system uses predictive analytics to forecast demand, maintains dynamic safety stock levels, and triggers automatic reorders before stockouts occur. Integration with PM schedules helps predict upcoming needs, while real-time alerts notify managers of potential shortages. Most fleets achieve 95%+ parts availability with 91% fewer stockout events.
Explore more cost control capabilities for complete inventory optimization
Integrate spare parts management with complete CMMS workflows. Track technician productivity with tech time tracking to optimize labor allocation.
Reduce inventory costs by 40% while eliminating stockouts. Implement intelligent spare parts reordering and see immediate improvements in your bottom line.
AI-powered reorder point optimization
40% reduction in carrying costs
95%+ parts availability guaranteed