The HECO Process: Managing Your Inventory and Spares - HECO

Managing your facility’s spare parts and inventory is one of the most complex tasks involved with maintaining your day to day operations. With so many variables in play, it requires constant vigilance and attention to detail. As a result, inventory management can eat up a large portion of your – or your staff’s – time.

Thankfully, HECO Industrial Service Groups has the solution! Our multi-step process ensures that your inventory of spare parts stays current and accurate without requiring you to devote hours to culling spreadsheets, physically counting parts or delegating mundane tasks to your employees.

Starting with a physical, in-plant survey of your assets, we get the lay of the land. Armed with an understanding of your inventory levels, we begin analyzing the data that we collected. Importing the data into our TracRat Repairable Asset Management System we help develop a strategy. With all of the necessary information about your inventory at your fingertips, you’re able to make informed, smart decisions about the management of your inventory.

Once the TracRat software is up and running, we create a central communications and logistics warehouse for your spare parts. This helps to ensure that you have immediate access to the components that you need, when you need them. We also provide additional help with the sales and scrapping of any excess or obsolete inventory.

Using our system, we’ve been able to help plants reduce their inventories by up to 60% without negatively impacting the speed or quality of their overall production. HECO strives to work with you to optimize your business, to eke the most out of your operations and to make your life simpler. If you’ve been searching for a better way to handle spare parts and inventory management, look no further than HECO Industrial Service Groups. Give us a call today, we look forward to discussing the options available to you.

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