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SPARETECH | Industry TechTalk 1. Artificial Intelligence in the Context of Manufacturing Companies

In the first episode, entrepreneur and investor Josef Brunner and SPARETCH's founder Lukas Biedermann talk about artificial intelligence in the context of manufacturing companies. 🤖 Josef and Lukas talk about the concrete use cases of AI in factories as well as its strategic implications for manufacturing companies. Political and ethical questions were also discussed: What is our social self-image as an "industrial nation"? What could a mission statement for the future look like? What roles do startups play in industrial innovation? 📽️ Watch the video to learn more.

Always up-to-date product data at all end-customers | Bosch Rexroth & SPARETECH

📢 Our success story with Bosch Rexroth is now available! Since early 2020, our partnership has been dedicated to providing high-quality data to all joint customers. Through our journey, Bosch Rexroth has achieved #sparetechular results in the following areas: Data transparency: Integrating 100% accurate data and obsolescence information into customers' ERP systems. Process efficiency: Error-free and fast order processes, automated product updates, and innovations for end customers. Customer satisfaction: Improved communication and a reduction in technical clarification cases. Dominik Groetsch, Head of Service Sales Industrial Hydraulics at Bosch Rexroth, shares: "For us, customer satisfaction is the key to success. SPARETECH makes us and our customers happy because we have the right data in our customers' systems." Special thanks to the outstanding collaboration team 🤝 .

SPARETECH Search | Simply find, instead of searching for a long time

The SPARETECH search is the fastest way to find reliable information about your spare parts 🔍 With our new spare parts search, you can find industrial spare parts as easily and reliably as you are used to searching for restaurants with Google Maps in everyday life. 🔎 Enter any search terms and search in all material master columns simultaneously. 🧩 Filter your search by attributes like plant, storage location and more. Customize your search results and supplement them with SPARETECH data to see all relevant information such as storage location, product status, images and more directly at a glance. You can get a small insight into how this works in the video.

SPARETECH | Supplier Transparency

To ensure smooth operation, the right spare parts must be available at the right time - but also at the right cost. However, 30-40% of spare parts are procured at unnecessarily high costs. A major reason for this problem is the lack of transparency for procurement teams. They have difficulty... 1️⃣ clearly identifying the parts they need, 2️⃣ reliably checking availability in the company's own warehouse and production network & 3️⃣ to find alternative suppliers able to deliver these specific spare parts. This is exactly where SPARETECH comes in. We offer a consistent, comprehensive database of spare parts data from thousands of original equipment manufacturers, suppliers and distributors worldwide. So you have all the important product information and available suppliers for any spare part right at your fingertips. Are you curious how SPARETECH can help you source the right spare parts at the best price? Dr. Lukas Biedermann gives you an insight in the video.

SPARETECH - Automated BOM Check

In this video, we introduce you to SPARETECH's Automated BOM Check. With this feature, maintenance companies can reduce the manual effort of spare part lists checks to the minimum in only 4 steps: 1. drag and drop your spare parts list into your web browser 2. our algorithms check for duplicates, obsolete materials, and enrich the data 3. the clean list is matched against the existing material master so that only duplicate free datasets are added 4. the newly created materials are seamlessly synchronized with your ERP Key benefits: Save time - From two weeks to just two hours for checking a spare part list. Save money - Raise savings potential to around -13% in procurement costs. Gain control - Avoid the purchase of spare parts that are already in stock, controlling your inventory levels and balance sheet. For more information, visit: https://en.sparetech.io/product/automated-bom-check Follow us: https://www.linkedin.com/company/sparetech-io/

SPARETECH | Unleashing the power of hybrid work and remote collaboration

As a remote-first startup, we at SPARETECH are continuously improving the way we work together. What makes our working mode successful? Trust, transparency, and open communication are very important. Our team members have the autonomy and flexibility to choose where and when they want to work. 👉 Through technology, we foster real-time team collaboration in different formats: virtual meetings such as team weeklies and monthly townhalls, and collaborative tools like Notion, Loom, and Slack. 👉 Equipping our team with the latest IT equipment. 👉 Fostering meaningful interactions with virtual coffee breaks, fail & success meetings, and weekly online co-working sessions. This way, we cultivate a supportive team culture and enable everyone to build connections with their team members. 👉 We have established two office locations in Stuttgart and Munich. SPARETECHies can also choose to work from any Design Offices location across Germany. Would you like to be part of our team? Visit our open positions at https://bit.ly/43s6uLL ___ Music I Use: https://www.bensound.com/free-music-for-videos License code: M0LCKVBRYX0BSOAN

API | Automated data exchange between SPARETECH and SAP

Automated data exchange between SPARETECH and SAP is possible! 🔄 In this video, we show you how our valued customer REHAU optimized its processes for spare parts search and creation by using SPARETECH including the direct interface to SAP. REHAU's initial challenges: ➖ Incomplete or incorrect data records. ➖ Manual and time-consuming SAP search and material creation. SPARETECH's solution: ☑️ Reduced search time and material creation by over 50%. ☑️ Delivered 14,000 cleanup suggestions ☑️ Identified 1,800 duplicates ☑️ Discovered 1,500 discontinued products With our API, spare parts data is seamlessly updated from our app into SAP in real time, eliminating the need for manual data export and import between systems. Discover how our industrial spare parts data platform can help your business → https://www.sparetech.io/warum-sparetech/instandhalter Follow us on LinkedIn: https://www.linkedin.com/company/sparetech-io/

SPARETECH Summit 2023 | The meeting of the spare parts industry

The second edition of our SPARETECH Summit is history. Once again, industry experts from our customers, partners and our team came together around case studies, an exciting panel discussion and networking opportunities. The event started with a welcome from our two founders Martin Weber and Dr. Lukas Biedermann, setting the stage for a great event. Insightful industry presentations were given by Jörg Gräbener (REHAU), René Hackbart (ElringKlinger) and Michael Schwarz & Dennis Zeh (Nestlé). This was followed by an exciting panel discussion with industry experts from BMW, Brose, Bosch, ElringKlinger and SPARETECH. The topic: the importance of the start of a global industrial sharing economy for spare parts management. Finally, the participants split up into break-out rooms and had lively discussions about data enrichment, duplicates, obsolescence and more. After the presentations, the participants had the opportunity to talk and discuss further over finger food and drinks. There was also plenty of fun to be had, as there was a table tennis corner where participants could play a short match during the evening event. Some impressions: - Transparency and data quality are critical challenges in spare parts management across the maintenance sector, transcending company context and different situations - Centralized data governance is critical and stands out as a best practice to ensure cross-plant transparency in spare parts management - Four hours packed with content followed by networking showed that the industry is ready to help each other with important issues Transparency and collaboration were lived by all participants that evening. We would like to thank everyone for that!

API | Automated data exchange between SPARETECH and SAP

Automated data exchange between SPARETECH and SAP is possible! 🔄 In this video, we show you how REHAU, our valued customer, optimized their spare parts search and creation processes by leveraging the power of our API. REHAU's initial challenges: ➖ Incomplete or incorrect datasets Manual and time-consuming SAP searches and material creation SPARETECH's solution: ☑️ Reduced search times and material creation by over 50% ☑️ Provided 14,000 cleansing suggestions ☑️ Identified 1,800 duplicates ☑️ Flagged 1,500 discontinuations With our API, spare parts data is seamlessly updated in real-time from our app to SAP, eliminating the need for manual data export and import between systems. Discover how our industrial spare parts data platform can help your business → https://en.sparetech.io/why-sparetech/maintainer Follow us on LinkedIn: https://www.linkedin.com/company/sparetech-io/

SPARETECH - Automated spare parts list checking

In this video, we present SPARETECH's automated spare parts list check. With this feature, maintenance companies can reduce the manual effort for checking spare parts lists to a minimum in just 4 steps: 1. drag and drop your spare parts list into your web browser. 2. our algorithms check for duplicates, obsolete materials and enrich the data 3. the cleansed list is matched against the existing material master so that only duplicate-free records are added 4. the newly created materials are seamlessly synchronized with your ERP Key benefits: Save time - From two weeks to just two hours to review a spare parts list. Save money - Increase the potential savings on procurement costs to around -13%. Gain control - Avoid buying spare parts that are already in stock and control your inventory and balance sheet. For more information: https://www.sparetech.io/produkt/automatisierte-ersatzteillistenpruefung Follow us on LinkedIn: https://www.linkedin.com/company/sparetech-io/

Efficient and cross-location spare parts management | WEPA & SPARETECH

In order to remain competitive in the international market and to further expand their market position, efficient #production and #maintenance is of great importance for manufacturing companies such as the WEPA Group. Particularly in #spare parts management, there is still a lot of potential for optimization in internationally active companies, both in the area of #spare parts inventories and #machine availability. In the video, WEPA Hygieneprodukte GmbH shows its path to efficient and cross-plant spare parts management. Through the software solution and cooperation with SPARETECH, WEPA was able to clean up their inhomogeneous and in parts inconsistent database of 170,000 data records and complete it with original manufacturer data. #Duplicates and #discontinuations were identified, so that the #data quality in the global #material master was significantly increased. After the successful roll-out of the software and the processes developed for the company, all 13 WEPA plants now use the SPARETECH app for their spare parts search and new material creation. By automating the processes, the manual effort and search times for spare parts could be significantly reduced. Make a demo appointment now and test SPARETECH for free. Further information on our website: www.sparetech.io Your contact person: Dr. Lukas Biedermann info@sparetech.io WEPA Hygiene Products: The WEPA Group is a family-owned company that produces sustainable and innovative hygiene papers. With around 4,000 employees and a turnover of approx. 1.3 billion euros, WEPA is one of the three largest European manufacturers of hygiene papers. The WEPA Group has 13 production plants across Europe, located in Germany, Poland, France, Italy, Great Britain and the Netherlands. Follow us on Linkedin, for more news from the digital erastzteil world: https://www.linkedin.com/company/sparetech-io/

SPARETECH - Spare parts new installation workflow

A spare part is urgently needed but the internal process to order is lengthy and labor intensive? The new material creation is complicated and allows duplicates, which leads to high spare part inventories and storage costs? SPARETECH provides a remedy with an innovative software solution and offers a completely uncomplicated, digital process for material reordering. Reduce your manual effort in spare parts management and lower your lead time in spare parts creation. See for yourself and arrange your free demo appointment now. Follow us: https://www.sparetech.io https://www.linkedin.com/company/sparetech-io

SPARETECH simply explained - Automatic parts list checking

PRODUCTION RUN | You have to check hundreds or thousands of spare parts list items? Use the intelligent SPARETECH app now and save valuable time and money. The intelligent matching algorithm automatically matches all items with your material master and immediately finds duplicates and even discontinued spare parts. Newly created spare parts records can be automatically transferred with 100% original manufacturer data. Thanks to our numerous cooperations with well-known manufacturers, such as Siemens, Festo, Bosch Rexroth & Co., we also enable a highly efficient request for quotation, so that orders can be triggered at your conditions without any technical clarification effort. More about this in the video. Follow us: https://www.sparetech.io https://www.linkedin.com/company/sparetech-io/

SPARETECH simply explained - legacy data preparation

In this video, Dr. Lukas Biedermann explains how you can easily identify hidden duplicates and discontinued spare parts and thereby reduce your spare parts inventory by up to 21%. Benefit from SPARETECH's huge database with over 3 million product data from leading manufacturers. The SPARETECH app automatically completes missing information with the 100% correct original manufacturer data. This way, our customers can reduce their manual effort by 57% on average. See more in the video. Follow us: https://www.sparetech.io https://www.linkedin.com/company/sparetech-io/

Digital and Physical Spare Parts Management by SPARETECH & Leadec

In this Video you learn why Leadec and SPARETECH are joining their forces to offer an integral spare parts management to their customers. Dr. Bernd Voelpel and Stephan Hihn from Leadec and Dr. Lukas Biedermann from SPARETECH explain how they smartly combine digital and physical spare parts management to achieve spare parts availability of over 99% while reducing working capital by up to 90%. SPARETECH ensures a complete and error-free database with its software while Leadec takes care of spare parts management and production equipment maintenance. Contact us to get your free quick check and to quantify your savings potential right away. Contact: Dr. Lukas Biedermann info@sparetech.io Follow us: https://www.sparetech.io https://www.linkedin.com/company/sparetech-io/ Background Music: Inspirational Corporate by MaxKoMusic | https://maxkomusic.com/ Music promoted by https://www.free-stock-music.com Creative Commons Attribution-ShareAlike 3.0 Unported https://creativecommons.org/licenses/by-sa/3.0/deed.en_US #sparepartsmanagement #sparepartspooling #industry40

Digital and physical spare parts management from SPARETECH & Leadec

Watch this video to learn why Leadec and SPARETECH are joining forces to provide integrated spare parts management for your customers. Dr. Bernd Voelpel and Stephan Hihn from Leadec and Dr. Lukas Biedermann from SPARETECH explain how they intelligently combine digital and physical spare parts management to guarantee spare parts availability of over 99% while reducing working capital by up to 90%. With its software solution, SPARETECH ensures a complete and error-free database, while Leadec takes care of spare parts management and maintenance of production equipment on site. Contact us today to request a free Quick Check and get numbers, data and facts about your savings potential. Contact: Dr. Lukas Biedermann info@sparetech.io Follow us: https://sparetech.io/ https://www.linkedin.com/company/sparetech-io/ Background music: Inspirational Corporate by MaxKoMusic | https://maxkomusic.com/ Music promoted by https://www.free-stock-music.com Creative Commons Attribution-ShareAlike 3.0 Unported https://creativecommons.org/licenses/by-sa/3.0/deed.en_US #spare parts management #spare parts pooling #industry40

Spare parts pooling from SPARETECH & Leadec

Reducing global spare parts inventories is a strategic imperative for manufacturing companies today. For this reason, Leadec and SPARETECH are introducing cross-company central warehouses. The result is resilient supply chains based on the local-to-local principle. This ends the era of bulk purchasing of spare parts before use ("bulk-buying") and introduces guaranteed spare parts availability as-a-service. Watch the video to learn more about the drivers of this complex challenge and how we effectively support our customers in taking advantage of this multi-million opportunity. Contact: Dr. Lukas Biedermann info@sparetech.io Follow us: https://sparetech.io/ https://www.linkedin.com/company/sparetech-io/ Background music: Inspirational Corporate by MaxKoMusic | https://maxkomusic.com/ Music promoted by https://www.free-stock-music.com Creative Commons Attribution-ShareAlike 3.0 Unported https://creativecommons.org/licenses/by-sa/3.0/deed.en_US #spare parts pooling #spare parts management #inventory reduction #industry40 #Leadec #SPARETECH

New SPARETECH Headquarters @ Design Offices Stuttgart

Based in Stuttgart. Home in the world. As a true #remoteYES company SPARETECH just moved into it's new headquarters in the DesignOffices in the heart of Stuttgart. The Design Office concept allows our employees to work from more than 40 offices across Germany - and to live in the area where our hearts and souls feel local. Join us on a short tour through our new office space. #Sparetech #DesignOffices #sparepartsmanagement #industry40 #newwork #Stuttgart __ Song: Joakim Karud - Love Mode Music provided by Music Just For You | No Copyright Video Link: https://youtu.be/rcM7P_LpJao Video: SPARETECH Ltd.

The Road to Spare Parts Pooling | SPARETECH & Leadec

SPARE PARTS POOLING | We implement cross-location inventory management for spare parts within 4-6 months. With its software, SPARETECH provides the necessary digital database. Leadec takes over the physical spare parts management and the logistics on site. Together we help our customers to reduce stocks and costs in spare parts management. Get in touch today and request your free of charge quick check to quantify your actual cross-location savings potential within only 2 weeks. #whywait? Contact: Dr. Lukas Biedermann info@sparetech.io Follow us: https://www.sparetech.io https://www.linkedin.com/company/sparetech-io/ Background Music: Inspirational Corporate by MaxKoMusic | https://maxkomusic.com/ Music promoted by https://www.free-stock-music.com Creative Commons Attribution-ShareAlike 3.0 Unported https://creativecommons.org/licenses/by-sa/3.0/deed.en_US #sparepartsmanagement #sparepartspooling #inventoryreduction #industry40 #Leadec #SPARETECH _ Video: SPARETECH GmbH, Leadec Holding BV & Co. KG

The way to spare parts pooling | SPARETECH & Leadec

SPARE PARTS POOLING | We realize cross-site inventory management for spare parts within 4-6 months. SPARETECH provides the necessary digital database with its software. Leadec takes care of the physical spare parts management and logistics on site. Together we help our customers to reduce inventory and costs in spare parts management. Get in touch today and have your actual cross-site savings potential quantified in just 2 weeks as part of a non-binding quick check. #whywait? Contact: Dr. Lukas Biedermann info@sparetech.io Follow us: https://www.sparetech.io https://www.linkedin.com/company/sparetech-io/ Background Music: Inspirational Corporate by MaxKoMusic | https://maxkomusic.com/ Music promoted by https://www.free-stock-music.com Creative Commons Attribution-ShareAlike 3.0 Unported https://creativecommons.org/licenses/by-sa/3.0/deed.en_US #sparepartsmanagement #sparepartspooling #inventoryreduction #industry40 #Leadec #SPARETECH

Spare Parts Pooling by SPARETECH & Leadec

Reducing global spare parts inventories is a strategic imperative for manufacturing companies today. That's why SPARETECH is introducing local-to-local cross-company inventory pools together with Leadec. We stop the era of bulk-buying spare parts pre-use and introduce guaranteed spare part availabilities as-a-service. Watch the video to learn more about the drivers of this complex challenge and how we actually support our customers to win this multi-million dollar business opportunity. Contact: Dr. Lukas Biedermann info@sparetech.io Follow us: https://www.sparetech.io https://www.linkedin.com/company/sparetech-io/ Background Music: Inspirational Corporate by MaxKoMusic | https://maxkomusic.com/ Music promoted by https://www.free-stock-music.com Creative Commons Attribution-ShareAlike 3.0 Unported https://creativecommons.org/licenses/by-sa/3.0/deed.en_US #sparepartsmanagement #sparepartspooling #inventoryreduction #industry40 #Leadec #SPARETECH

SPARETECH Outdoor Weekend 2021

What makes us strong as a company? It's our diverse and international team. Recently, we all came together in the Alps of Berechtesgarden to celebrate our successes and strengthen our team spirit. Do you also want to be part of the next team event? Than apply now! https://sparetech.io/en/career/ Follow us: https://sparetech.io/ https://www.linkedin.com/company/sparetech-io/ Music: Swing by Peyruis https://soundcloud.com/peyruis Creative Commons - Attribution 3.0 Unported - CC BY 3.0 Free Download / Stream: http://bit.ly/2Ca0gai Music promoted by Audio Library https://youtu.be/dC7naaLECzw #teamevent #sparepartsmanagement #industry40 #SPARETECH _ Video: SPARETECH GmbH

SPARETECH - The most important questions

What is the key to efficient and sustainable spare parts management? We believe the solution lies in creating transparency, collaboration and automation. With the SPARETECH platform, we offer spare parts manufacturers & suppliers the possibility to bring their product data up-to-date and error-free into the ERP systems of the plant operators at any time. Conversely, plant operators such as Porsche, Nestlé and Bosch benefit from maximum transparency regarding duplicates, discontinuations and procurement sources. In the video, founder and CEO Dr. Lukas Biedermann answers the most important questions about the SPARETECH solution. More information about SPARETECH: https://www.sparetech.io/ https://www.linkedin.com/company/sparetech-io/ _ Song: Joakim Karud - Calssic Support Joakim Karud: https://open.spotify.com/artist/0iAOXvEDIMaAWPP5Ur0fYF http://soundcloud.com/joakimkarud https://www.facebook.com/joakimkarudmusic https://youtube.com/joakimkarud

SPARETECH Team Weekend 2022

TEAM WEEKEND | What a team. What a weekend. Once a year, all SPARETECH employees come together to celebrate our successes and have a sparetechular weekend together. Beginning of October, our destination was Leogang in Austria. On these weekends, it's always team first and no business. We enjoyed time together while hiking and tested our teamwork while building soapbox cars. Have a look at our team culture in action and enjoy the video! Are you ready for a sparetechular ride and want to join our next team event? We are hiring! Have a look at our open positions 👉 https://www.sparetech.io/jobs |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| Song: Joakim Karud - Dreams Music promoted by Music Library - http://www.music-library.net Video Link: https://www.youtube.com/watch?v=WHi_xjTR49g |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| 🎵 Support Joakim Karud https://open.spotify.com/artist/0iAOXvEDIMaAWPP5Ur0fYF http://soundcloud.com/joakimkarud https://www.facebook.com/joakimkarudmusic

SPARETECH Summit 2022 | Networking in Spare Parts Management

The first SPARETECH Summit is behind us! For the first time we brought together our customers and partners from leading industry companies for an interactive event. We are still overwhelmed by the energy and atmosphere during the event, which focused on transparency, collaboration and networking. Feedback on this new networking platform was overwhelmingly positive. More than 40 customers and partners from over 20 different companies followed inspiring presentations and exchanged ideas on current topics in spare parts management and maintenance. The event kicked off with exciting insights sessions by Sebastian Sus (Bosch), Timo Thomas (WEPA) and Jörg Gräbener (REHAU), who provided insights into their spare parts management and highlighted best practices. This was followed by the presentation of Martin Weber and Robert Woloschanowski on the product vision of SPARETECH and the outlook on the future of spare parts management. After a coffee break and initial networking, two break-out rooms provided further space for lively discussions between customers and partners. It quickly became apparent that many participants face similar problems and are interested in finding common solutions. After the sessions, the conversations and discussions could be deepened with finger food and drinks. The event was characterized by transparency and collaboration, which was lived by all participants. We would like to express our sincere thanks for this! Missed the first SPARETECH Summit? Don't worry, in the video review you will get a small insight into our networking event with the experiences of Stefan Söder, Timo Thomas and Jens Kühlwetter.

SPARETECH Webinar with ElringKlinger | Recording Preview

We had an insightful conversation about efficiency in spare parts management with ElringKlinger. Here are some of the main takeaways from our discussion: ❗️ The challenge: Duplicate and obsolete in the material master and complicated material creation processes lead to high manual effort and bad master data quality. The solution: SPARETECH helps with the identification of duplicates and obsolete materials, and provides information on successor products and possible suppliers while offering an efficient material creation workflow. 📈 Key results: 2,200 duplicates removed, 9,000 improved master data records, material creations from 17 to 4.5 minutes (-277%), among others. If you want to learn more, download the webinar recording (German) for free here: https://en.sparetech.io/blog/webinar-with-elringklinger-transparency-in-material-master