About Spares Calculator
A powerful, accurate and easy-to-use tool that lets you work out the risk of equipment stock-out so that you can plan your contracts and logistics operations accordingly.
How do you work-out how many spare parts you need? Instinct? Educated guesswork? Inflexible guidelines or unvalidated spreadsheets? Whatever method you use, Spares Calculator offers a low cost and easy to use alternative.
Spares Calculator is a powerful, accurate and easy-to-use tool. It lets you work out the risk of equipment stock-out so that you can plan your contracts and logistics operations accordingly.
What’s more, there’s no need for specialist knowledge or expensive and time consuming training. Whether you supply, procure or manage spare equipment, Spares Calculator makes an essential purchase.
"The results from Spares Calculator confirmed that we needed more spare parts. Using Spares Calculator I was able to optimize our spares inventory, eliminate outages and make sure that I wasn’t over-spending spares and support."
Do you buy spare equipment?
If so, use Spares Calculator to check you're not overspending on spare parts and support.
"We received a proposal from a supplier and ran the figures through Spares Calculator. The results didn’t stack up. We went back to the supplier and used Spares Calculator to negotiate a significant reduction in spares costs."
Do you plan engineering or logistic operations?
If so, use Spares Calculator to help you achieve the optimum balance between risk and cost. Spares Calculator will help eliminate outages, justify investments and optimize costs.
"We had plenty of Spare Parts but they were deployed in the wrong places. This meant that we were always running out of items somewhere in the logistic system, but in other parts we had spares that never moved. Some were even still sitting their in their original wrappers. We used Spares Calculator to workout exactly how many spares to keep at each level in the logistic system and our lives are now much easier."
Do you produce bids, proposals or business plans?
If so, use Spares Calculator to provide you with the mathematical justification needed to support your business case.
"We needed 26 spare units. However, the sponsor would only authorize 12. We used Spares Calculator to prove exactly how risky the proposed level of spares was."
Is there a business case?
Spare parts can represent a major capital investment. In a typical maintenance intensive organization, spare parts could easily:
- Account for 2-5% of the net value of a company.
- Account for 5-20% of the cost of a new system.
- Sit on a shelf their whole life without ever being used.
In a sophisticated commercial or military system, a spare part might cost upwards of $2,000-$50,000.
A system outage can be even more expensive. An outage of a commercial airliner, broadcast system, telecommunications network or industrial process could cost upwards of $10,000-$100,000.
An outage of a military system could cost an immeasurable amount in terms of human lives.
Spares Calculator is a low cost product that could provide your organization with a massive return on investment.
System Operators: Save just one single high value spare part, or avoid one single major system outage and make a full return on your investment.
System Suppliers: Justify one single spare part or avoid one single support penalty payment and make a full return on your investment.
How can you afford to risk not having Spares Calculator?
Download the free trial today!
If you buy, sell or manage spare parts inventory then Spares Calculator is an essential purchase! But don’t just take our word for it. Find out for yourself. Download the free Spares Calculator trial today.