Time Critical Logistics can be defined in many ways and related to many different industries. In essence, critical logistics involves urgent and capable logistics management of commodities that can be delivered to the customer to reduce and eliminate business down time due to manufacturing defaults, breakdowns, accidents and Force Majeure etc.
There are many elements involved in Time Critical logistics and it may require many parties to ensure the supply chain is optimized without compromise of service levels.
Companies all over the world face the potential of financial losses and reductions in service levels if Time Critical Logistics Solutions are not put in place. To avoid downtime costs as much as possible, companies rely on successful logistics & maintenance programs. The requirements for this strategy are smooth-running procurement programs and capable logistics as well as optimal use of spare parts. These tasks are summed up by spare-parts logistics of the customer or user.
Two particularly important factors in this process are the uncertain need for spare parts and the complications of minimum-cost procurement and warehousing that arise from this need.
Downtime costs
For users of spare parts, fast and reliable maintenance and repair of broken-down production equipment are particularly critical concerns - especially as the complexity and networking of production plants are increasing and potential downtime costs are rising as well. To perform an urgent maintenance job, sufficient maintenance capacity must be available. This is usually performed internally within a company or done by a service provider or directly by the supplier of spare parts. Reliable and fast provision of spare parts by the supplier is also necessary. The task of spare-parts logistics primarily involves procurement of spare parts, warehousing and scheduling of maintenance work.