how to maintain inventory up to par and ready to go out asap!
How to Maintain Inventory up to Par and Ready to Go Out ASAP!
Maintaining Inventory is tedious and very precise work. Taking time to make these parts transparent takes steps to achieve. Common problems in today’s inventories all over are excess inventory, DMSMS, counterfeit products and obsolescence.
Evaluations early on helps prevent product obsolescence and DMSMS currently and further on in the future of the program. There are many ways to be precautions about counterfeit parts but never too careful. Here are some pointers on how to be on top of your inventory to excel in the present and future.
Plan and purchase parts for the long term of your establishment. Purchasing for the long run means to purchase parts intelligently and not purchase and excess of the same parts. The only upside to purchasing an abundant of the same parts or having them in stock is when it is beneficial to both parties; the customer and the supplier. The down side to an abundant of the same stock could potentially lead to inventory sitting idle on the books or a potential and costly write-down.
Keeping Parts transparent is major key to your inventory to up par. Certifications tracing back to the OEM or Airline shows where it came from or originated. Airline traces such as the 121, 129, 145 represent what kind of Airlines they are coming from such as domestic, international, or a domestic repair stations. 8130s/ EASA 1 are Airworthiness Certifications allowing a piece to be Installed and flown with on an aircraft.
” Maintain a stringent and documented counterfeit mitigation program. Product with limited availability – particularly integrated circuits – is especially vulnerable to counterfeiting, and adds another level of risk for the manufacturer to maintain production continuity.”
Critical Strategies on how to maintain and clean inventory are highly recommended to create and keep ad well managed establishment. Long-term product surety often brings about unforeseen expenses that can burden an entire program. Avoiding disruptions to future production and preventing future product obsolescence and DMSMS problems requires an intelligent DMSMS management strategy, one that works to reduce the negative impact that obsolescence can have on a mission-critical programs.