01
Classify every part
Value, demand pattern and criticality, for the whole catalogue at once.
Module · live today
Never short. Never overstocked.
FactoryIQ sizes every spare on the risk it covers: the critical part is on the shelf when it fails, and the cash is out of the parts that never move.
What it does
Four jobs, one workspace.
02
See the stock-out coming
Stock projected forward on real demand and real supplier lead times.
03
Size the policy on risk
Simulate a policy before you change it: cover, cost and cash side by side.
04
Decide in one place
Approve or reject with the evidence attached, and a record of who decided.
How it works
The same sequence, every time.
01
Classify
Every part sorted by what it costs and what depends on it.
02
Project
Stock under today's policy, month by month.
03
Propose
A policy sized on the real risk, with its cost.
04
Approve
The right person decides, with the evidence.
05
Review
Policies are revisited as demand and suppliers change.
Results
“[CUSTOMER QUOTE, approved by the customer]”
[NAME] · [ROLE] · [COMPANY, or “an integrated steel producer” if anonymised]
[METRIC][RESULT]
[METRIC][RESULT]
[METRIC][RESULT]
Connected to reliability: when a root cause analysis removes a failure, the spare it consumed is re-sized.
Reliability and root causeQuestions
Frequently asked questions.
01
How does FactoryIQ classify spare parts?
By value, demand pattern and criticality, for the whole catalogue at once, so the effort goes to the parts that carry the most risk or tie up the most cash.
02
How is a stock policy sized?
FactoryIQ projects stock on actual usage and real supplier lead times, and lets planners simulate a new policy before changing it, with cover, cost and cash side by side.
03
Who approves a change to a stock policy?
A named person approves or rejects each proposal with the data attached, and the decision is logged with who made it and when.