FEATURE COMPONENT DESIGN


Finding the spare parts Storing them indefinitely, or even, as


said, to get rid of them as scrap due to lack of space or buyer is nowadays incomprehensible. As any Industry Stakeholder, from now on, is ready to buy them from other stores and at lower price... if and only it knows where these spare parts are, next door or anywhere in the world. Industries Store is the Marketplace for


Industry Stakeholders that must decrease the costs of their Spare Parts and Equipment. Thanks to its Digital Solution based on its Worldwide Industries Store Database (WISD), introduces, spare parts and equipment available for sale and those needed for buying. The company’s WISD Database is fed, at


Lahcen Abellaoui, commercial & technical director at Asec Automation Industries Store presents its B2B digital platform - a solution for minimising spare parts costs


S


pare Parts are the main source of profit for OEM manufacturers and


during this world economic downturn caused by the pandemic, higher contribution of Spare Parts to revenue and profit will be targeted by OEM manufacturers in order to compensate the expected falling income of their core business. A factor that will further jeopardise the hope to reduce the operational and maintenance costs, especially since all industrial sites must endorse new costs related to the employee safety and the creation of new appropriate physical distancing environments against the proliferation of Covid-19. The equation is therefore complicated


for Manufacturing and Services Industries but is it really possible under current conditions to provide a solution in terms of cost reduction for the Spare Parts and Equipment? Yes! This challenge can be met provided


that a reliable and less expensive source of supply and market for Spare Parts and Equipment is available and serviceable. There are millions of Spare Parts &


Equipment stores around the world. They mainly belong to industrial facilities,


8 FEBRUARY 2021 | ELECTRONICS


OEM manufacturers, manufacturers, distributors, dealers, EPC companies. Most of these industrial sites have been


operating for years and have therefore undergone modernisation, upgrades, refurbishment, which requires new spare parts and equipment while making useless the old ones - used or new - that most probably will be gainful in a second life elsewhere. But we all know that they are usually either stored indefinitely or sold as scrap due to lack of buyers or space. It's a waste of money and this should no longer be the case. In the same way these Spare Parts & Equipment are generally always supplied by the same vendors, which makes them automatically more and more expensive. This means too much money on the shelves and also this should no longer be the case. A large number of Spare Parts &


Equipment stored by these worldwide Industry Stakeholders are identical, immediately available and at very low prices. This means that any required industrial Spare Part or Equipment in any facility store is surely 'sleeping' in another one whether it is vital, essential or desirable.


the time of registration, through two defined excel Material Lists files filled by Industries Store members and is available in any language. Industries Store, in all the cases, will review, format and correct the content of each received material list and translate it in English when required before being loaded into its WISD Database. SEARCH on its WISD Database is based on English language only.


ONE STOP SHOP Industries Store is then a Platform that links a Party who needs to sell and/or buy industrial spare parts and Equipment to another Party who also needs to sell and/or buy industrial spare parts and Equipment. The buying or selling negotiations are directly handled by these parties. Its search Database doesn't provide any price but the provided Email contact of the buyers and the sellers. Industries Store is thereby a sustainable


cost minimising solution as the concerned Spare parts and Equipment sold or purchased are already manufactured and moving from one store to another. Industries Store platform, through its


WISD database is an effective solution to solve issues related to the costs and availability of Spare Parts & Equipment for many industries stakeholders. In fact, by becoming a member of Industries Store, you can expect a reduction in inventory holdings as well as in replenishment costs of 30 to 50%.


Industries Store www.industries-store.com


/ ELECTRONICS


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