How to Manage Spare Parts with Expiration Dates

Introduction

Not all spare parts last forever. Items like lubricants, gaskets, adhesives, seals, and certain chemicals have shelf lives, and using them past expiry can lead to failures, safety risks, and compliance issues. Yet, many factories don’t have a system to track these critical dates.
In this post, we ex...

How HUB’s Analytics Help You Set and Stick to Your Spare Parts Budget

Introduction

Setting a spare parts budget is easy. Sticking to it? That’s the real challenge. Unexpected failures, emergency orders, and inaccurate forecasts can derail even the best-laid plans. Without real-time visibility and control, budgets are just numbers on paper.
In this post, we explore how HUB’s analytics tools help you set realistic budgets and...

Hidden Costs of Supplier Delays: Why Lead Time Matters

Introduction

You’ve secured the best price for a spare part — but if it arrives late, the hidden costs can quickly outweigh the savings. Supplier lead time is often overlooked, yet it’s a key driver of downtime, emergency orders, and inflated costs.
In this post, we unpack the hidden financial impact of supplier...