Exploring the 5 Benefits of Hose and Fitting Inventory

Hoses play an essential role in several jobs. By understanding their benefits, professionals can make educated choices when selecting hoses to ensure they meet job requirements and provide reliability and durability.

In addition to burst pressure, it’s essential to consider other real-world parameters, such as how easy the hose is to use and if it kinks or has holes in it.

Reduce Inventory Costs

A business can save a significant amount of money by reducing inventory costs. These costs can include reordering, shipping, storage, and dunnage fees. 

Developing and maintaining an effective Parker hose & fitting inventory Charlotte, NC, plan is critical. Effective tracking, frequent inspections, and recordkeeping can reduce hose replacement costs and create a safer work environment.

Keeping the proper hose in stock eliminates the need to order and wait for delivery, which reduces reordering, shipping, and storage costs. This helps to save a business money on overhead costs and frees up cash for other investments.

Mismatched hose and fitting pairings can lead to leaking and catastrophic failures. This can result in costly repairs, downtime, and injuries. Using a vendor-managed inventory program can reduce hose and fitting matching errors by providing the correct hoses in stock when fabricators need them.

Keeping inventory in stock also eliminates the cost of carrying too much inventory. This can lead to excess inventory holding costs, including shrinkage, lost inventory due to theft, or even losses caused by natural disasters like warehouse flooding.

Minimize Downtime

Nothing affects productivity as much as a work stoppage or facility shutdown. Mechanical failures or operational errors often cause unplanned downtime and can last a short period. Still, the goal is always to minimize the length of the shutdown and resume production as soon as possible.

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Even if you store your hoses inside, it’s essential to remember that the hoses are exposed to outside elements like rain and dust. These elements can corrode the hoses and shorten their lifespan.

Increase Productivity

The correct hose and fitting pair are critical for safety reasons, as incompatible pairings can cause costly failures. Having replacement hoses in stock can minimize production delays. Making a memorable trip to the hose store or waiting for one to be shipped can increase downtime even further.

Effective inventory management requires keeping an accurate reorder point and conducting regular audits to avoid mismatches. An ERP system designed for those distributors can help, prompting employees with the questions they need to ask customers and guiding them through the process in the correct sequence.

Having clear instructions on assembly by type and size also helps reduce mistakes. A hose fabricator who takes the time to document their assemblies properly can prevent errors such as incorrect length or crimp specifications and die selection.

Eliminate Stockouts

A plant needs a robust inventory management program to prevent stockouts, which can result in lost production time. Stockouts can also lead to increased shipping costs, inefficiencies, and other operational issues.

Hose fabricators must keep precise measurements of hose length to avoid scrap, and minor mistakes in matching fittings can cause leaks, downtime, and other safety risks. For instance, using incompatible industrial hose fittings can result in corroded materials, chemical reactions, and even ruptured hoses.

It is possible to reduce the risk of stockouts by following a thorough hose inspection program that includes tagging each hose and noting its service interval. This helps a business optimize the replacement interval based on a combination of factors, including the operating environment and material type.

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Reduce Risk

With hydraulic hose failures accounting for 35 to 65 percent of equipment downtime, having suitable hoses and fittings in stock is essential. A preventative inventory management plan helps reduce risk by reducing downtime and improving productivity.

Perform a plant audit that includes identifying and tagging every hose in the facility. Note the hose length, size, core material and construction, reinforcement layers, end connections, mounting, operating conditions, cleaning procedures, inspection intervals, and replacement criteria.

Incorrect hose and fitting pairings can cause damage to the system, equipment, or roll. An effective hose assembly audit, such as the one with an ERP solution built with hose fabricators, helps prevent costly mistakes by recording all aspects of a specific hose assembly. It also identifies the correct crimp specifications and die selection that should be used to prevent mismatched hoses and fittings.