A mid-sized manufacturing company holds over 50,000 spare parts on an average. Managing that is no easy task especially when you have to make sure you keep the correct spares in correct quantities to avoid delays in production. There are a lot of challenges associated with managing the Spare parts like supply, stock planning, obsolescence, and inventory management but one of the most critical challenge that most of the companies fail to even identify is Stock Optimization.
COPIT is a cutting-edge technology that is proving to be a revolution in the world of Spare parts management. It can result in massive cost savings and spare parts inventory management optimization for your organization. For more information about this service, please contact our customer support team today at [email protected].