June 17, 2010 – ABB announced Parts Fingerprint, a spare parts management optimization service for critical ABB process automation systems and products, such as control systems, instrumentation, drives and other critical ABB systems. The Parts Fingerprint reviews the effectiveness of existing spare parts management practices and identifies potential risk associated with insufficient stock, over stock, out-of-date inventory, and end of lifecycle issues. The service includes an on-site spare parts inventory validation, and comprehensive analysis of stock conditions, status, stocking levels, version management, warranty management, part criticality, and historical parts usage. Existing processes and conditions are compared with ABB established best practices.
The resulting fingerprint evaluation report includes recommendations to improve overall spares management including cost saving strategies, and management of issues related to equipment lifecycle status, and equipment supportability. “This service is another way we are helping our customers to get the most value out of their existing equipment, while site personnel focus on other critical areas,” noted James Crowl, VP Parts, Repair and Support Services. “Most customers do not have resources dedicated to parts management; this service proactively identifies areas that need attention before problems occur, while saving customers time and money.”
ABB is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 117,000 people.
