2. Value Proposition
What if you could increase your Technicians’ wrench time and
remove some of your inventory costs using a tool that you already
have in your EAM system?
Scenario:
Facility currently has 30 Technicians who retrieve their own parts
Assumptions: Classifications would save Techs 1/2 hour a day related
to finding parts.
Cost Savings
Time (Man-hours)
Value of lost time searching for parts
30 Tech * 0.5 hour/Day * 260 Days/Yr
3900 hrs * $50/hr (industry std)
Assumptions: Value of inventory = $1M
Inventroy carrying costs are est. at 25% of total inventory
10% reduction in inventory
25% of $1M or $250,000
$ 100,000.00
$ 25,000.00
Total reduction:
$ 320,000.00
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3,900 hrs.
$195,000.00
3. Incorrect Descriptions
Description
Issue
Valve Air Solenoid
Lacking key information
Valve Solenoid
Lacking key information
Asco Red Hat Solenoid valve 120/60
Manufacturer included
110/50 AFP 13160 1/4” 9W SP Water Tower Valve
Is this a solenoid valve?
Solenoid Assy #18587 Coil 24VDCS
Mfg. Part number?
2537L 24 VDC C16 for F line filtec
Application specific
2 way pilot operated general service solenoid valve for
homogenizer
Application specific
Bosch 0-820-038-176 solenoid valve
Manufacturer, part number
Solenoid valve, single gas chromatograph, Mfr. H & B for
potable water
Location specific,
Manufacturer, Application
specific,
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6. Correct use of specifications
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7. Classifications should not contain:
Manufacturer names
Manufacturer part numbers
Model numbers
Vendor names
Vendor part numbers
Equipment name or number
Location name or number
Projetech, Inc. Copyright 2013
8. If you need to keep track of an item, it should be
an asset, designated as a Rotating item.
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15. Classifying OEM Items
OEM parts should be classified differently than MRO Parts
The description can be more indicative of what they are used for
OEM items are items manufactured by the OEM for the equipment
OEM items are not items purchased or distributed by the OEM for a piece
of equipment
Projetech, Inc. Copyright 2013