Initial Inventory

Insights into spare parts inventory management, availability for maintenance personnel, and the history of their actual usage.

Initial Inventory

Effective and efficient production infrastructure management also requires knowledge of spare parts inventory, including availability for maintenance staff and the actual usage history in relation to performed service work.

Infor EAM Enables

  • Maximizing maintenance efficiency – streamline maintenance processes to extend asset lifespan and improve availability
  • Reducing inventory costs – avoid holding unnecessary spare parts or urgent purchases of missing items required for repairs
  • Improving warranty enforcement – enhance the repair tracking process and qualify events that form the basis for warranty claims
  • Enhancing reliability and risk management – anticipate and mitigate risks related to infrastructure downtime and associated losses
  • Gaining a flexible tool for daily operations – deploy on-premises or in the cloud, whichever you choose, while always receiving the same fully functional system

Infor EAM’s core functionality supports all processes related to infrastructure management – from minor maintenance in discrete manufacturing and routine inspections in the food industry, to refurbishment campaigns in chemical and refinery plants, fleet management for transportation companies, and linear infrastructure management in the public sector. A common challenge in this area is having large volumes of spare parts outside electronic records. There are many possible causes for this, and the solution is:

  • Implement electronic recording of the spare parts warehouse used by maintenance teams
  • Conduct an inventory of spare parts scattered across the facility
  • Establish a procedure for withdrawing spare parts from the warehouse only for active service orders
  • Provide maintenance personnel with a simple IT tool to record data during service activities

Benefits of Infor EAM

  • Infrastructure hierarchy management – track each infrastructure component’s location and operational costs through a multi-level tree structure linking spare parts, subassemblies, and specific assets to processes, functions, production lines, or physical locations
  • Budget management – automate everything from defining your maintenance budget through the approval process to ongoing monitoring based on service tasks
  • Inspection and patrol management – receive automatic alerts for infrastructure issues via required inspections and checks, manage identified issues, monitor key equipment parameters, and provide repair guidance according to established standards
  • Work order management – track and manage all work orders, monitor criticality and deadlines, coordinate multidisciplinary tasks, plan required internal and external resources, dispatch equipment, reserve spare parts, plan and schedule resource usage, reconcile all costs, and classify data for analysis and optimization
  • Procurement management – oversee the entire purchasing process for spare parts and services by managing suppliers, price lists, quotes, purchase orders, and contracts; order the correct parts, track delivery deadlines, ensure proper receipt, optimize order quantities, evaluate suppliers, and monitor warranty coverage
  • Spare parts and materials management – monitor and control inventory levels, label parts with barcodes, automate issuing and cyclical audits, collect detailed usage and lifespan data, analyze and identify underutilized parts, and maintain minimum stock levels based on schedules, usage history, asset criticality, and procurement lead times