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Inventory Management: A Cost-Saving Strategy that Works

For many, the term “inventory management” conjures images of neat, orderly warehouses and storerooms. While well-organized storage is an important component of inventory management, it’s just one link in the chain. Properly structured, inventory management ensures that the right parts and/or materials are in the right place and always available at the precise time they are needed. Furthermore, inventory levels are kept at an optimal level to meet demand. Anything more wastes both space and money. This may sound simple in concept, but it’s complex in practice. Inventory management can be applied in two ways—materials for production and/or parts and materials for equipment maintenance.

2019-02-21T13:42:32-04:00February 20th, 2019|Blog|0 Comments

Proactive Maintenance—Boosting Business Value; Ensuring Operational Excellence

Equipment operation is, at its core, a business activity, and proactive maintenance is an investment in that activity. Unlike reactive, or break-fix maintenance, proactive maintenance involves vigilant asset management and a dedicated strategy that plans not only for component replacement on a recommended schedule (e.g. preventive maintenance) but also equipment analysis to identify root failure origins—excessive vibrations, part contamination, and other issues—and take action to avoid impending part and machinery failures (predictive maintenance).

2019-02-21T13:43:45-04:00November 30th, 2018|Blog|0 Comments

Is Your CMMS Working as Hard for You as It Could? The Unfortunate Answer Is “Probably Not!”

Computerized Maintenance Management Systems, or CMMS, are designed to streamline maintenance and extend the life of equipment. For many facilities, however CMMS never achieve management’s stated goals. Vast sums of money is spent on these advanced information processing and analytics platforms (also known as Preventive Maintenance Systems or Preventive Maintenance Software), only to have them be underutilized and even ignored or abandoned.

2019-02-21T13:45:54-04:00October 19th, 2018|Blog|0 Comments

On-boarding Research and Development Partners—Inventory Counts

For companies in highly regulated industries (HRI), acquiring the research firms that develop technologies, solutions or products that they use or sell can be complicated. The process ties up lawyers, accountants and human resource personnel for months, if not years. In our experience, one area that is often not given sufficient attention is the merger of physical elements, such as parts and finished inventory. Unless the research is intellectual property alone, there will likely be raw materials, components, prototypes and products over which the parent company is taking control.

2019-02-21T13:48:12-04:00October 17th, 2018|Blog|0 Comments

Storeroom Practices for Highly Regulated Industries: Traceability Is Crucial

For HRIs from motor vehicle manufacture to medical equipment and pharmaceuticals—where environmental and/or public health and safety are at risk—the stakes are incredibly high, and failure to ensure safety can be disastrous. To meet strict regulations imposed on HRIs and reduce liability, companies must closely track inventory and its components—and maintain readily available records that document their oversight.

2018-10-02T13:00:14-04:00August 27th, 2018|Blog|0 Comments

Managing the Candidate’s Expectations

The primary reason candidates accept other offers, or drop out of an interview process, is not the length of time from interview to offer. Candidates know, pending various logistics, the process can be lengthy. The true reason is that they do not know the next step in the process, and they lose confidence they are being managed properly through the very important process that has a profound impact on their career.

2018-06-27T12:29:46-04:00April 26th, 2018|Blog|0 Comments

How to Make the Right Impression Recruiting

Who likes being sold to? Not many people like the feeling of being pressured to make a decision. It is no different when contacting candidates in the job market. Some are “passive” job seekers and are somewhat testing the current job market. When contacting a candidate, take the time, and truly get to know this person’s background, interests, and talents.

2018-04-26T13:05:56-04:00April 19th, 2018|Blog|0 Comments

Achieving Equipment Reliability—Is Outsourcing the Solution?

Ensuring equipment reliability is one of the great challenges for industrial operations, from plants to mining companies. Many organizations do not have the staff expertise to develop and effectively run an asset management system, including such core functions as reliability-focused maintenance. Often, they have no idea where to start.

2018-03-28T10:01:00-04:00April 12th, 2018|Blog|0 Comments

Proactive Maintenance: Boosting Business Value; Ensuring Operational Excellence

Equipment operation is, at its core, a business activity, and proactive maintenance is an investment in that activity. Unlike reactive, or break-fix maintenance, proactive maintenance involves vigilant asset management and a dedicated strategy that plans not only for component replacement on a recommended schedule (e.g. preventive maintenance) but also equipment analysis to identify root failure origins—excessive vibrations, part contamination, and other issues—and take action to avoid impending part and machinery failures (predictive maintenance).

2018-03-28T07:02:23-04:00March 28th, 2018|Blog|0 Comments

Accountability and Traceability

The goal of the storeroom is to have: The right quantity of, the right parts at, the right place at, the right time. The key to accomplishing that goal is complete accountability and traceability of everything that goes into and comes out of the storeroom. At PCA we find that because of logistics and staffing restraints, many clients split receiving and issuing duties between stores, and shipping & receiving personnel, as well as maintenance and operations personnel.

2017-12-05T07:51:07-04:00December 18th, 2017|Blog|0 Comments