Time is money. Save both.
Industry champions drive business impact with SPARETECH. Boost your efficiency and streamline your MRO processes.
How SPARETECH creates business impact
Managing spare parts data brings significant operational benefits, such as high ROI through optimized inventory management, cost savings and improved operational efficiency. By minimizing scrapping, providing information for procurement and improving resource allocation, companies can achieve growth and competitiveness in their industry.
>5x
Return on Investment
-21%
Inventory
-30%
Spare Parts Scrapping
-13%
Procurement costs
Discover your individual savings potential
Takle the huge challenges in maintenance right and start to reduce your inventory and procurement costs sustainably. Calculate your individual ROI to see how much time, money and other resources you can save by our software solution.
Reduce your working capital to regain free cash flow
SPARETECH helps to optimize your inventory levels and to reduce your working capital. By gaining transparency of available sources and automatic detection of duplicates, you can minimize the risk of overstocking, whilst having a constant overview of available suppliers on the market. This ensures optimal inventory, reduces excess safety stock, and minimizes capital tied up in spare parts, freeing funds for other operational requirements.
Less CO2 emissions through reduced spare parts scraping
Manufacturing companies want to avoid machine downtime at all costs. Therefore they maintain extensive on-site spare parts inventories. However, 42% of all purchased spare parts are never used in the life-cycle of the machine and end up scrapped. Beyond the financial costs, this practice represents an ecological disaster, wasting resources, energy, and global supply chain logistics for no value. With SPARETECH, you only get to purchase parts that you actually need, leading to sustainably reduced parts scrapping and CO2 emissions.
Increasing the resilience of the supply chain through data transparency and consistency
SPARETECH provides insights on spare parts data throughout the entire supply chain. The extensive SPARETECH database, comprising millions of original manufacturer and supplier data sets, facilitates seamless communication and reduces dependence on individual suppliers. This supply chain transparency, empowers businesses to maintain operations in the event of supply chain disruptions. In a world where supply chain resilience is key, SPARETECH stands as the go-to solution for efficient and resilient spare parts management.
5,000 +
Suppliers
1
Platform
20 million +
Product data
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SPARETECH is the fastest and most reliable way to reduce inventories and costs in spare parts management.