omdec.com

New Release of OMDEC’s SMS (Spares Management Software) Version 1.4

Dealing with spare parts both cost effectively, and also from a reliability standpoint is a must. SMS helps companies balance inventory costs - and also assure that when a failure occurs, they are well prepared to respond in the expected timeframe.

SMS focuses on high cost, slow moving critical spares with which companies always have difficulty in forecasting the required quantities.  Two very clear results emerge from the case studies to date - substantial cost savings from overstocking, and increased reliability from understocking

This fifth release of SMS (v1.4) now includes “Cost Calculations” when dealing with non repairable spares, plus the choice to select between emergency replacement and downtime option without spares. In addition the interface for entering basic data has been improved.

SMS Value

• Cost savings on critical spare parts
• Confidence that critical parts will be available when needed

Key Features

• Planning for Repairable and Non Repairable Parts
• Programming and core calculations by the University of Toronto CBM lab by and for engineers 
• SMS plans the inventory of parts required based on reliability and cost thresholds a user selects
• Users can easily change parameters and perform any number ‘what if’ scenarios to best fit their business, the asset, supply time and reliability level desired

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For further information please contact: Claudia Kruppel

claudia@omdec.com , Tel. +61  (0) 42885399

Notes to Editors

About Optimal Maintenance Decisions, Inc. (OMDEC)  of Toronto, Canada (www.omdec.com)

OMDEC is a leading provider of equipment reliability and failure avoidance

solutions. SMS (spares management software) is the latest edition to the OMDEC suite. OMDEC’s tools provide a solid statistical basis for reliability engineers to perform further analysis,

and include among their functions, a dynamic linkage between CMMS

(Computerized Maintenance Management Systems) and RCM (Reliability

Centered Maintenance). These solutions are squarely aimed at providing

the assurance of continuous, consistent and reliable operations.