SPARETECH provides transparency for industrial spare parts. Its SaaS platform is the single source of truth in identifying spare parts. The resulting superior data quality enables companies to automate their spare parts management processes, thereby reducing inventories, costs, and CO2 emissions.
SPARETECH offers 4 solutions:
1. Global Spare Parts Search
SPARETECH offers a global system of record for industrial spare parts, encompassing a vast network of over 5,000 original manufacturers and part suppliers, resulting in an extensive repository of over 20 million product data sets within a single platform. Furthermore, you have the flexibility to access material master data for all plants and easily refine your search by specifying your plant, storage location, manufacturer, and much more. Additionally, SPARETECH empowers you to identify and connect with relevant suppliers, streamlining the process of sourcing the spare parts you need.
1. Automated BOM Check
SPARETECH ensures your MRO Stock is the right one - no matter if you need to buy 1,000 or 100,000 parts. Our intelligent algorithms automatically check your BoM and spare parts lists against your material master. This process includes the identification of critical, obsolete, and duplicate spare parts, empowering manufacturers to make well-informed stock-keeping decisions for their entire MRO inventory.
1. Data Lifecycle Management
SPARETECH Data Lifecycle Management provide an intelligent layer that helps curate actionable information about materials. Get data enrichment suggestions, detect duplicates and discontinuation as well as supplier information.
1. Material Creation
Quickly create clean, duplicate-free materials with the help of SPARETECH's global system of records for industrial spare parts.
SPARETECH’s unique single source of truth, also known as “Golden Layer” (database & matching technology), connects spare parts data across the whole supply chain (manufacturers, dealers, suppliers, marketplaces, and end customers). This worlds-first software solution creates transparency and reduces inventory, purchasing costs, and manual effort for spare parts data management. Within a single platform, SPARETECH offers a global system of record for spare parts, featuring data from over 5,000 original manufacturers and part suppliers, encompassing an over 20 million product data sets.
SPARETECH addresses these challenges in maintenance and procurement:
- Time-consuming search for spare parts
- Extensive research for original manufacturer
- Lack of transparency about sources of supply
- Costs of machine downtime
- High inventory levels
- Inefficient checking of spare parts lists
