Preventive measurement is one of the best ways to avoid heavy losses for your industry. If you run an industrial unit, then it is essential to invest in good-quality spare parts. Investing in high-quality spare parts can redefine your industrial processes, enhancing operational capabilities.
But for purchase managers, the big question is how to find robust spare parts and how to buy them at the lowest possible rates. Online portals are one of the best ways to capitalize on industrial spare parts and stock up in bulk.
Here’s how buying industrial spares in bulk can be your best preventive strategy to avoid downtime and enhance operational productivity. But first, let’s learn why you should not ignore stocking up important spares.
Why you should consider buying industrial spare parts in advance?
According to the report, industrial plants lose an average of 323 hours per year in downtime due to equipment failure which results in an average revenue loss of $172 million per plant annually.
Besides, experts predicted that the global spare parts market would reach $57.2 billion in 2023 with a CAGR of 4.1%. Thus, with the massive market, you can easily find the right spares for your application.
So, whether you are running a small production line or multi-functioning units, you cannot take the risk of downtime and suffering heavy losses.
Here’s why stocking up on industrial machinery parts in advance can be the right decision to prevent equipment failure and idle staff time:
- Having spare parts stocked up can accelerate repair and maintenance work
- It reduces downtime, enhancing production
- It helps you to save significant cost of equipment failure
You can use online portals that cater to B2B eCommerce sales in manufacturing domains. According to reports, B2B eCommerce sales amount to $623 billion, a 15% increase from 2022.
Online portals make it easy for users to browse and check top-quality parts that are designed for their specific applications. Here’s why online portals are an ideal way to buy such products:
- Such platforms cater to user buying behaviour like quick and convenient experience
- They follow refund and exchange policies to satisfy their buyers with their desired products
- Compiled with thousands of products from world-class original equipment manufacturers to local companies selling industrial machinery parts.
- You can find industrial products and equipment for diverse industrial sectors.
Now you know why you should buy the products online. However, you must find a reliable online portal that facilitates all your buying needs.
Partnering with the right industrial spare parts supplier
Any thriving business depends on having good relationships with reliable and trustworthy industrial spare parts manufacturers. Nevertheless, finding a manufacturer who values quality and safety in industrial products can take time and effort. Here's a guide to help you find the right partner:
Guidelines for Industrial Manufacturing
Seek companies that comply with industry-specific quality standards while manufacturing machinery spare parts. Certifications like ASTM International (ASTM) and the International Organization for Standardization (ISO) indicate a commitment to stringent testing and production processes.
These standards define:
- Chemical properties: ASTM standards help you know the metal's exact formation that guarantees performance and compatibility.
- Mechanical properties: From strength under stress to resistance and wear, ASTM standards share a clear picture of how your metal will behave.
- Metallurgical properties: Grain size, microstructure, and other key factors are specified to ensure every metal is perfectly suited for its purpose.
These certifications guarantee uniformity and dependability in the final product. Thus, you should find out a reliable supplier who follows these standards to deliver prolonged spare parts for industrial machinery.
Ensuring User Safety
To run your production line at optimal levels, you cannot compromise your worker’s safety. Review the company's safety record and any relevant certifications regarding the use of specific spare parts. Reliable manufacturers integrate safety measures into their design and production processes to help your workers understand how to do it safely.
Transparency Through Labelling
Products by trusted manufacturers come with transparent labeling details. These should include the brand name, manufacturing date, and any necessary safety markings. Seek labels that conform to local regulations for clarity, and consumer confidence and avoid duplication.
Quality Assurance
It is not enough to have a product, quality assurance is essential. A responsible manufacturer will willingly avail product certificates showing conformity to the stated specifications. Such certificates offer confidence and show producers' commitment to maintaining high standards.
Specimens of quality assurance certificates from industrial manufacturers will look like this:
(Note: Here, we can add an image or we can add a link to our QA certificates like this)
Thus, with this guide, you can find a reliable supplier, but how to get a consistent supply of genuine industrial parts. Next comes the best ways to buy industrial spare parts consistently.
Best practices to use industrial spare parts
Minimizing downtime and maintaining peak production are the two major factors for the success of your unit. Installing authentic industrial machinery parts for critical applications means that your machine will remain functional with a long lifespan.
The following are some essential practices to follow when acquiring products from an industrial spare manufacturing company:
Verify Engineering Tolerances
Genuine spare parts have been crafted precisely to meet the specifications given in the original equipment manufacturer (OEM) blueprints. These specifications include engineering tolerances, also called acceptable variation ranges for a dimension or property of a component. Authentic components guarantee perfect fit and optimum performance within design tolerances.
Ensure Application Compatibility
Industrial equipment operates under different conditions based on application factors. Genuine spares are made and tested to operate faultlessly within the intended application parameters. Otherwise, using non-genuine replacements may result in inefficiencies, endanger your worker’s safety, and lead to machine failure.
Minimize Downtime Tolerance
The cost of downtime arising from malfunctioning or unsuitable spares can be prohibitive. Genuine parts are readily available from authorized OEM outlets. Thus, it reduces procurement lead times and quick resumption of business activities compared to counterfeit items that may fail prematurely, causing extended downtime.
Analyse Operational Impact
Changing an essential element with non-genuine material affects the whole operation negatively, starting right from here. Compatibility issues, poor performance, or sudden failures disrupt production schedules, that may affect product quality. To address this risk, go for genuine parts to keep your system running smoothly.
These best practices can help you to invest in authentic industrial spares for your machinery. Thus, you can ensure efficient operations that translate into reduced downtimes and successful profit-making for the industrial environment in the long run.
Conclusion
Thus, investing in genuine industrial parts can increase the output of your predictive maintenance strategies. Browse good online portals like Emechmart, where you can find leading industrial spare parts manufacturers at very competitive quotes. You can connect with their sales representative to make an informed decision about the compatibility of spares.
