Maintenance/Engineering Stores.

We are working with a company at the moment who have done great work in getting all their spares sorted out and are now going to put them all up on their EAM system and link them to the work orders. Yes, the cynics would  say that this should be standard practice for every company, not even good or best practice and they’d be right. It is very positive though that they have put the work in to getting back control.

So, all movements, be they stock items or Direct Purchases or Contractor Items will now be linked to a work order. The engineering managers will now be able to confidently look up the on line stock catalogue and only schedule in work when spares are in stock. Cuts down on loads of hours “checking to see if it is in the store”  by going in there and rooting around and getting frustrated!!

Instruction from Finance – all stock will be entered into the system at a zero value .  That will mean that any cost reports run on spares won’t be of any value. Any other implications of putting in all the stock at zero value first day?