Spare Parts Management in Maintenance & Production
30-Apr-2018 11:22:41
I would like to take you on an excursion into the world of numbers and statistics. Statistically, German companies spend 6 -10% of their gross fixed assets on annual maintenance. This currently amounts to about 250 billion in the Federal Republic of Germany [1] Euro annually. If we take the indirect costs of machine failures, delivery shortfalls, quality problems and short-term replacement investments into account, we talk about a value of 750 billion euros per year.
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