Third-party spares storage service launched06 November 2020

Northern Industrial’s new spare parts storage service aims to safeguard manufacturing businesses from downtime during obsolete equipment breakdowns.

SparesVault offers guaranteed access to a bespoke automation spare parts inventory, with the intention of balancing the cost of holding obsolete and end-of-life spares against the threat of machine downtime.

The subscription-based service starts with a comprehensive review of system-critical assets to create a detailed obsolescence report with recommendations for automation parts to be included in the bespoke SparesVault inventory.

The agreed SparesVault inventory is then sourced by Northern Industrial, with all parts serviced, tested and checked before being held in a secure bonded warehouse facility. Back-ups of relevant parameters and programmes are also securely stored on cloud-based servers. Parts considered most likely to be needed are provided for storage at the customer’s site for immediate access in the case of a breakdown.

Any further parts required, covered by the SparesVault inventory, are delivered to the customer’s site within a contractual response time. Inventory levels are reviewed at least annually with adjustments proposed where necessary.

Northern Industrial area sales manager JohnJoe McGonagle said: “SparesVault bridges the gap all manufacturing facilities face when an OEM no longer supports a part but the plant is not yet ready to upgrade. We designed it to provide an extra layer of protection for manufacturers who simply cannot afford the disruption and risks associated with unplanned downtime, with a customised automation spares kit specific to their needs, available whenever and wherever needed, and provided on a cash-flow friendly subscription basis.”

Blackburn-based Northern Industrial provides new, reconditioned and obsolete parts and repair services, exporting to 146 countries. Sourcing from over 1,350 manufacturers, the company covers over 200,000 part numbers and holds approximately £10m in stock.

Operations Engineer

Related Companies
Northern Industrial

This material is protected by MA Business copyright
See Terms and Conditions.
One-off usage is permitted but bulk copying is not.
For multiple copies contact the sales team.