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Spare Parts Management

Improve your Supply Chain with ease. numi is designed to make Supply Chain Planning & Execution as simple as possible.
Experience how numi can optimize your Spare Parts Management.

Typical Challenges

in Supply Chain Management of Spare Parts businesses

Assigning the right parts to the right stocking location

Complex Bill-of-Material Management

Inefficient usage of Machine Data

Long supplier lead times and low supplier performance

Team efficiency issues through functional siloes

Many non-mover and obsolescence inventory

Benefits

Right Parts at the Right Location


Installed Base Planning

Spare-Parts Proposals through Predictive Maintenance

Proactive Supply Lead Time Predictions and Alerting

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Enable Equipment-as-a-Service


Machine Monitoring and Proactive Alerting

Enable Machine-as-a-Service Solutions

Data-driven Service Contracts and Warranties

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Reduce Inventory Levels


State-of-the-art Inventory Optimization

Flexible Inventory Parameter Settings and smart Product Segmentation

Constraint-optimized Inventory Decisions, e.g., Budget, Warehouse, Transport

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Enhance Team Efficiency & Collaboration


Simulate Impact of Decisions and Discuss with your Team

End-to-end Visibility on Product and Location Level

Team Collaboration with assign Tasks, Notifications and Milestones

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Proactive Monitoring


Reporting of your Historical and Predicted Inventory Performance

View Predictions on your Key Performance Indicators (KPIs)

Drill down into Root Causes

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Product Data Management


Creation and Maintenance of Spare Parts BOM

BOM augmentation through patterns like Sourcing Risk or Failure Rate

BOM creation Workflows

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Use Case

Read our Spare Parts Management Use Case

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Predictive spare parts optimization for a global machinery OEM


Intermittent demand, low order frequency, high price variations, outdated bill-of materials and many stock-keeping-units are all reasons why spare parts planning is a very tough exercise. High service levels to avoid machine downtimes come with high inventory levels or scrapping rates. Balancing these supply chain cost against demanding customer requirements, especially in industrial after-market services, is a very challenging task and is hardly solved with standard supply chain software.

Integration

To provide daily improvement suggestions for your supply chain, we integrate the transaction and planning data from your ERP system. If possible, this is done via an API, which many ERP systems already provide. Otherwise, flat files can be exchanged automatically via an encrypted server.
Additionally, your web shop or CRM systems can be connected to numi. This allows you to enrich numi’s optimization algorithms with further data and improve and synchronize the results back.

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Frequently asked questions

As with many statistical optimizations, the more data we have, the more accurate the results. For optimal results, numi needs current inventory data, past customer orders (ideally at least the last two years to identify trends and seasonality), purchasing data, and master data. In addition, the data set can also be enriched with external data to increase the accuracy of the forecast methods. Contact us to receive a data template or to discuss integration possibilities.
Your data security is very important to us. Hence, we only pull the data we need to optimize your Supply Chain, and store them on our encrypted database in Frankfurt, Germany, in compliance with local regulations. Customer names for example are not important for supply chain optimization, so we only store the IDs only.
With numi, inventory parameters such as safety stocks, minimum stocks, target stocks or reorder points can be adjusted, purchase requisitions can be created, or supplier delivery times can be corrected. In addition, numi offers the possibility to provide more realistic delivery data for your customers and overwrite it in the ERP system or make it available in your webstore.
Other tools, such as your web shop or your CRM system, can be connected to numi to improve planning in numi on the one hand, and to play optimized results back into your systems on the other. For example, projects can be imported, or website traffic can be used for demand sensing. In addition, numi offers the possibility to provide realistic availability data in your web shop.
numi is a software-as-a-service product that is billed monthly. The costs are based on the scope of the service and the potential savings, which are determined during our free Supply Chain CheckUp, enabling us to create a fair pricing model tailored to your business.
The data numi needs is available in every ERP system. Some ERP systems offer open interfaces, which means that no effort is required on your side. If your ERP system does not provide an API, the data can usually be extracted relatively easily and exchanged via an SFTP or AWS S3 server provided by numi. Contact us to discuss the integration options.
numi aims to integrate the entire supply chain organization of your company. This includes, for example, material planners, inventory planners, warehouse planners, sales, purchasing and customer support.

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numi solutions GmbH Werinherstr. 3 81541 Munich Tel: +49 89 209 230 07

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