Are You Using Spreadsheets to Manage Your Spare Parts? There’s a Better Way
Why Spreadsheets are too Complicated for Spare Parts Management Most OEM rely on spreadsheets to manage spare parts inventory and order fulfillment. While this approach may work for small manufacturing businesses with limited SKUs, it can quickly become unmanageable as the spare parts catalog expands. Managing large volumes of spare parts data in a spreadsheet can lead to inefficiencies, errors, and miscommunication between departments. These issues often result in delays, incorrect orders, and customer dissatisfaction, ultimately damaging brand loyalty. Operating in a growing $11.76 billion spare parts market requires precision, agility, and data-driven decision-making. This article explores the pitfalls of using spreadsheets
