AFRY Stock ensures the adequate availability of critical spare parts while optimizing costs. The tool utilizes consumption data and cost information to calculate optimal order points, order sizes, and pre-order times for all spare part in storage.

The data included in spare part consumption modeling consists of the following:

• Item failure history
• Maintenance strategy
• Storage accounting

The data included in spare part cost modeling consists of the following:

• Order and supply costs
• Spare part shortage costs
• Spare part capital costs
• Space and upkeep costs

Stock optimization provides answers to questions such as:

• What is the optimal reorder point?
• What is the optimal order size?
• What is the optimal pre-order time?

AFRY Stock – Licenses

We customize AFRY Stock to fit your specific requirements. To minimize manual work, we establish automated connections for retrieving data on failure history and spare part needs. If direct connections are not feasible, we can also work with data dumps. If you are interested, we can begin discussions on your needs, review the available data, and customize the optimization algorithm and tool license to align perfectly with your specific requirements. Simply contact us by email at reliability@afry.com.

Contact

If you require technical support or have any inquiries about AFRY Reliability Tools, please feel free to contact us via email at reliability@afry.com. For information about AFRY's solutions and services related to AFRY Stock, we invite you to visit AFRY Reliability Management section or AFRY RAMS services web pages.

Unlocking transitions

At AFRY, we unlock transitions towards a sustainable and resilient society. While others are talking about the future, we are making it. Through our deep-sector expertise, we help our clients where need for transformation is evident. Together, we turn challenges into opportunities and shape progress that lasts.

We provide engineering, project management, and advisory services that enable the energy and industrial transition and strengthen resilience in society. With 18,000 experts worldwide, we combine a global reach with local insights and deep sector knowledge to make a lasting impact for generations to come. Find out more: https://afry.com

Transforming challenges into action – we unlock transitions.

File downloads: AFRY Stock

To access AFRY Stock file downloads, please log in using your AFRY Reliability Tools user account.

If you don't have an AFRY Reliability Tools user account yet, please reach out to us by email at reliability@afry.com.