Why Buytoolkit?
Manufacturing in India is a key to achieving higher economic growth and to facilitate manufacturing, procurement of machine spare parts is a key element. The industrial supply chain of spare parts is disordered and messy, at Buytoolkit, we have created an industrial products online store to help the manufacturing sector source spare parts online. This will help factories to buy parts conveniently and quickly saving their time, effort and money.
Due to the lack of timely availability of machinery spare parts manufacturing units suffer production loss, productivity and labor losses. With Buytoolkit’ hassle-free online industrial supply, we aim to alter the dynamics of the supply chain of the machine spare parts business.
Online spare parts shop on Buy tool kit ensures quick availability of spares so that manufacturers need not invest in the spare parts inventory and save on working capital and inventory space. Spare parts Management plays a very important role in achieving the desired plant availability at optimum cost. At present, industries are going for capital-intensive, mass production-oriented and sophisticated technology. The downtime for such plants and machinery is quite expensive. It has been noticed in many industries that the non-availability of spare parts, as and when required for repairs, contributes to as much as 50% of the total downtime.
At the same time, the cost of spare parts is more than 50% of total maintenance cost in the industry. It is ironic to note that the maintenance department is complaining about the non-availability of the spare parts to meet their requirement and the finance department is facing the problem of increasing locked-up capital in spare parts inventory. This signifies the vital importance of spare parts management in any organisation. Buytool. in intends to fill the gap and make the supply chain of machine spare parts robust, responsive and efficient.
How we are different?
In industries like Textiles, nonwoven, plastics, packaging, tools and hardware, electrical, automation etc. the requirements of machinery spare parts are unique and opaque at times, therefore it requires a better understanding of machine make and design, operational and other aspects. Buytoolkit having in-build domain expertise in industrial equipment supply can fulfill the requirement much more easily.
Another thing is, that spare parts are not that easily available in the market as they are not fast-moving items. The OEMs have to supply the spares in most of the cases. New models are introduced to incorporate the design improvements while old models are phased out. Therefore the spares for old models are not readily available. Particularly, this is more so in the case of imported machinery as the design changes are taking place faster in developed countries.
The number and variety of spare parts sometimes are too large making the monitoring more and more complex. Also, there is a tendency from the stage of purchase of the equipment to the stage of the use of the spare parts, to requisition spare parts more number than are required and accumulation of spares takes place.
Finally, the pace of consumption of spare parts for some is very high and for some is very low. These are challenges faced by systematic spare parts management. The objective of spare parts management must be to ensure the availability of spares at a given time.
Machine parts online business is at an early stage in India, however, the vertical-specific spare parts online platform capable of handling quirky requirements is the unique ability of team @ Buytoolkit.in
Add to this, machine spare parts imported from countries like China, Taiwan, Hong Kong etc. wherein the procurement of spare parts for the imported machinery is a painful process, buytoolkit makes it easier for manufacturers to procure machinery spare parts for imported machines in Textiles, Nonwoven, plastics and other industries as well.
One Stop Destination for All Machine Spare Parts
At Buytoolkit.in, we have a wide range of machine spares available to sort, select, check and pay facilities with free shipping service for orders more than a certain value. We make sure that your spare parts online shopping experience is worthwhile.
Buytoolkit.in intends to support every organisation in establishing an effective spare parts management system through continuous communication, fulfilling their requirements at an affordable price on a timely basis.
We keep on adding, updating and upgrading information plus online features of the entire product range of machine spare parts to assist your procurement team comprehensively. We tie up with suppliers, and manufacturers at SMEs and MSMEs at all levels across India to enrich the product portfolio of machine tools and spare parts. Buytoolkit.in regularly offers special pricing deals and attractive benefits periodically.