LAS VEGAS, June 23, 2014 /PRNewswire/ -- Key business pressures are forcing best-in-class companies to develop and improve Sales Inventory and Operating Planning (SIOP) processes in order to reduce costs, improve top line revenue, and manage increasing demand volatility. Part of the SIOP process includes constraint planning, which includes "what if" scenarios. Capacity planning for equipment is an essential element of this process.
"What If" the machines are down?
Decreasing parts-related machine downtime increases machine capacity. MaxUp Advantage is dedicated to ensuring that spare parts are available when needed most. MaxUp Advantage is a specialized system for identifying and managing critical spare parts and machinery. It is designed to fill in gaps in most ERP, CMMS, and Spare Parts Management Systems.
In order to have the right part available when needed, MaxUp Advantage supports demand forecasting and capacity planning by utilizing patent-pending embedded algorithms to identify spare parts inventory for criticality, consumption, activity, and forecast demand. This helps provide rapid response to equipment downtime and helps users utilize manufacturing assets with maximum efficiency. Utilizing the extensive supplier database will additionally help maximize part availability options.
Experts at MaxUp Advantage can deliver customized, integrated solutions to solve customers' most critical challenges. Their focus is on customers stocking the right level of parts and having the right part available at the right time. But decision makers demand more than just innovative products. They turn to MaxUp Advantage for a commitment to personal support that makes customer success a top priority.
The unique features of this system provide:
- Appropriate replenishment level algorithms specifically designed for spare parts inventory.
- Criticality levels of parts to identify what needs to be stocked.
- Association of parts to equipment and identification of machine criticality levels.
- Probability of part failure to proactively schedule predictive maintenance.
- Specialized spare parts suppliers, many of which provide OEM equivalent parts.
- The ability to upload existing inventory to identify potentially critical parts, excess and insufficient stock levels.
- Better management controls for repair and warranty parts.
For more information, please visit our website: www.maxupadvantage.com
Facebook: https://www.facebook.com/pages/MaxUp-Advantage/1386805721561554
SOURCE MaxUp Advantage
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article