Revisit Your Parts Stocking Strategy

Traditional wisdom may need to be put aside for now and for the near future. Utilizing lean or just-in-time best practices may flop when it comes to managing inventory on parts to keep your facility running. Ideally, you would rely on your supplier partner to stock and maintain adequate inventory to keep your docks & doors operational in the event parts fail. Ask yourself, have you had that conversation with them? Are they able to stock enough parts or source them quickly enough to keep your downtime to a minimum and prevent disruptions in your facility?

Suggestions:

• Stock a few key parts - especially if they are known to be “high-failure.” Understanding what to stock and proper quantities is critical to prevent ownership of obsolete items.
• Partner with an experienced dock & door service company – lean on their expertise to help you with these choices. Often times, parts can be returned as your supplier partner may have other clients who could utilize your “no longer needed” parts.

Combining this strategy with our other four suggested strategies may be part of the solution you and your facility need to thrive.

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