Spares Management Programs
MDSi provides various levels of Spares Management solutions utilizing distribution center, forward stocking locations, critical on-site sparing, or any combination thereof. Regardless of the solution, you gain measurable cost avoidance at all levels of your network and infrastructure. We do the homework to make sure your Spares management Program achieves meaningful improvement in the areas reverse logistics, forward logistics, stocking, configuration, and spares planning. MDSi manages your onsite spare assets as well as the replenishment cycle of the distribution center – yours or ours. MDSi overlays analytics in your program to ensure forward stocking locations nor distribution centers ever get below the minimum stocking levels and that those levels are never higher than need be to support your infrastructure.
MDSi also consults with the customer to make recommendations to improve efficiencies, cost reduction strategies and execution of the program. We take a historical look at actual stocking needs and past replacement initiatives of your hardware. That information is coupled with future outlook and deployment plans. Once determining the sparing trend, we are able to determine the optimal stocking amounts of all hardware pieces and keep it that way moving forward. More often than not, we can determine that current stocking levels are higher than sparing dictates, which provides an immediate cost savings to customer.
To verify that MDSi has the coverage necessary for your footprint, we provide a detailed report showing the distance from our stocking locations to the customer’s site. Once that report is completed, we then map the data to provide a visual representation for you to review. Business Intelligence tools are provided for ongoing analysis. Utilizing this data, we determine best practice and sparing plan to meet your needs in the right geographies.
Throughout the Spares Management process, we employ various different services. Included within this offering are:
- Spare Stocking of Equipment – Strategic FSL, Critical Onsite, and DC
- Equipment Stage and Configuration
- Spares Equipment Software Refresh
- Logistics and Warehousing
- Warranty Entitlement
- Automated Reporting
- Inventory Thresholds Management