End-of-Life Planning for Equipment Is Crucial for Keeping the Plant up and Running

Over 80% of process manufacturers acknowledged the use of electrical and automation equipment beyond the manufacturer's obsolescence date, according to a study from one of the leading research group of Industry Automation segment.

In the same study, 58% of users acknowledge having no formal plan for managing the lifecycle of their equipment.

Production facilities that continue to operate aging equipment without a plan for addressing and managing end-of-life systems face a variety of risks that threaten to drastically increase downtime & maintenance cost and decrease profitability. So it crucial of keeping your legacy system unaffected due to obsolescence from the manufacturers. Therefore, the availability of emergency spare parts & services need to be extended beyond the end of life cycle while your control systems installations are the backbone of your critical plant & machine operation.  

A Spare part management strategy should involve a process of:

• First & foremost is to set a goal for extended life cycle to your aged installation
• Calculating the optimal amount of spare parts;
• Determining the condition and supply of the spares;
• Identifying spares of legacy equipment ;
• Identifying a trustworthy and timely supplier of legacy spares.

Spare Parts management programs from IndAXonline can help reduce inventory and carrying costs, and can help provide more immediate spare parts availability including service & support of maintenance activities with the know-how to handle the control systems.

"IndAXonline has the platform and the skills to change the way you maintain your installations of Industrial Automation & Electrical Control Systems"