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Cycle Counting vs. Annual Inventory: Which Works Best for Spare Parts?
Introduction
Inventory accuracy is critical for reliable spare parts procurement. But how should you track it? Many companies rely on annual inventory audits, while others use cycle counting for ongoing accuracy. Each method has strengths and weaknesses — especially in the world of industrial spare parts, where stock turn...
How Regional Consumption Data Helps You Stock the Right Parts at the R...
Introduction
What works in one region might fail in another. Different climates, equipment ages, and usage patterns mean that spare parts consumption varies from region to region. Yet, many factories apply the same procurement strategy everywhere — resulting in stockouts in high-demand areas and overstocking elsewhere.
HUB’s regional analytics and dynamic...
Preventive Maintenance Starts with Smart Spare Parts Planning
Introduction
Preventive maintenance (PM) is only as strong as the spare parts that support it. You can have the best technicians and detailed CMMS schedules, but if the right parts aren’t available on time, downtime will still disrupt your operations.
The missing link? Smart spare parts planning. In this post, we’ll show how integrating HUB’s procurement...