| Investing in automation spare parts is one of the vital | | | | obsolete stock for machinery which is no longer |
| investments for most manufacturers. Holding | | | | required in the production process. These obsolete |
| automation spare parts for machinery within a | | | | spares still take up space, time and are an |
| production environment is very expensive and often | | | | unnecessary cost to the business. |
| a balance act for manufacturers. It is not uncommon | | | | Unfortunately there are more costs once surplus |
| for large manufacturers to hold hundred of thousands | | | | automation stock has been identified. Strict laws on |
| of dollars in automation spares. It is therefore crucial | | | | the disposal of waste electrical products means that |
| for manufacturers to balance the cost of holding | | | | many manufacturers have to pay for parts to be |
| automation spare parts against the cost of downtime | | | | removed from site and recycled. Disposing of surplus |
| and the risk of part failure. | | | | automation equipment correctly can be a significant |
| Managing spares can become a costly affair. Just | | | | cost for large manufacturers and particularly galling |
| take a moment to consider the direct and indirect | | | | when you consider the huge financial outlay required |
| cost involved in stocking automation spare parts. Do | | | | to purchase these spare parts. |
| you have a store person managing the stock levels, | | | | One of the best ways of avoid the cost associated |
| performing stock checks and keeping the product | | | | with recycling through traditional channels is to |
| safe? Have you considered the cost of warehouse | | | | contact a specialist automation distributor who |
| spare? The average cost of warehouse space in the | | | | purchases machinery parts. Another alternative is to |
| USA is $5/ sq. ft. Have you considered insurance | | | | sell your spare parts through one of the many online |
| fees? All of a sudden the cost of housing your | | | | auction sites. Selling your automation spares on |
| automation spares could be more than you expected. | | | | auctions sites allows you to reach a worldwide |
| With the huge cost involved, you would have | | | | marketing but can be costly and attract |
| thought manufacturers would be proactive in | | | | time-wasters. Also many buyers request some kind |
| managing their spare part requirements. Nevertheless | | | | of warranty on automation spares, which means the |
| many manufacturers do not keep track of their | | | | items should be tested before being listed. |
| spare parts requirement leading to them carrying | | | | |