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Thank you for taking the time to view our e-brochure.

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The e-brochure aims to give you a brief overview of our services, and should take about fifteen minutes to view. Throughout, we have links to specific parts of our website for additional, more detailed information.

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sparesFinder's tools and services seamlessly link existing inventory databases, and convert raw, unstructured data into valuable information.

Our rapidly implemented services allow you to:

Initiate planned inventory reduction programmes.

Collate key management data regarding the usage of any particular group of spares across your corporation.

Avoid extended downtime in emergency shutdown situations by finding the parts you need quickly.

Leverage the information held in your existing ERP or CMMS systems by providing a seamless link across multiple databases.

Lend, transfer or trade spares externally with other industrial end users in the same region or industry group, or globally.

Create greater internal visibility of your spare parts inventories and reduce levels of duplication across your sites.

The Benefits?

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You're a user of spare parts and unable to see a total picture of your holdings across the sites

where that inventory is stored. There is significant spares commonality across these sites, and much

benefit could be gained by collaborating. Your current inventory systems don't deliver

enterprise-wide visibility effectively.

There are too many spares you don't need in your warehouse. They may have been purchased for good reasons, but they are now surplus and

tying up your working capital unnecessarily.

Solutions to suit Your Needs

Without ready access to spares you risk losing money in cases of plant downtime. You

frequently can't source spares as quickly and easily as you'd like.

You may have reasonable cross site visibility after an expensive ERP or CMMS

implementation, but you're still unable to enjoy the benefits of pooling your inventory

information, because your data quality is inconsistent. Moreover, you need a master

catalogue system that stops it getting worse.

You're looking for an easy to implement e-business solution with rapid payback. You are leading your company's e-business strategy or you may be working in an industry sponsored

e-marketplace, whose shareholders are looking for quick results.

If these are problems which you are familiar with, sparesFinder can help.

Click on any one to learn more about how our services can provide you with quick solutions to these problems….

Many procurement, financial and engineering professionals know that their company can manage its engineering inventory much more efficiently. To improve this situation, however, they must overcome many challenges…

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Improved Spare Parts Visibility

……or, if you are a member of a regional or industry peer group you will gain greater visibility of relevant spares held by other end users in their stores.

sparesFinder complements your existing inventory systems, letting you see what spare parts all the stores across your enterprise are holding…..

Just knowing where the spare part is, and that it is immediately available, allows you to avoid unnecessary purchases, and to increase your profitability.

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Optimal Stock Level

Actual Stock Level

Inventory Line Items

Redundant StockA welcome bonus is the increased chance of finding buyers for your obsolete stock.

Duplicate StocksparesFinder brings you greater accessibility to spare parts information across your enterprise and provides analysis tools to help create targeted inventory reduction initiatives.

Excess StocksparesFinder helps you to identify your excess stock levels accurately by enabling common standards of measurement to be implemented across your corporation...

Avoiding new purchases is the quickest way to reduce your working capital.

…and then reduce them!

Less Capital tied up in Inventory

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Optimal Stock Level

Actual Stock Level

Inventory Line Items

Joining our community gives you access to a global pool of inventory and effectively reduces the risk posed to your enterprise by extended periods of downtime.

Better Managed Downtime Risk

Required StockAlthough you wish to reduce your capital, the biggest risk to business profitability is the number of spares that you hold that are below the minimum level. They could be difficult to source, especially for older equipment still in service.

With the clock ticking, and the cost of downtime so highfor so many of our subscribers, getting on a plane to anywhere in the world to get that essential spare isn’t an issue…if only they knew where to source it.

The sparesFinder database contains information on, quite literally, millions of physically held items and displays only those that are immediately available for transfer to the particular viewer.

Risk ReductionWhen faced with an urgent need, parts listed in supplier catalogues may have an unacceptably long lead time.

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Enhanced Data Consistency

Raw Data - a variety ofnames for each Manufacturer

Hatterley Hattersley HeatonNewman HattersleyHattersley Valves

‘Normalised’ Manufacturers Name

Hattersley Newman Hender Ltd

sparesFinderProcessing

Thus, when searching byManufacturer, you can simply choose a normalised manufacturer’sName and cover all the possible variations there may be

Local Unit Price

3500 AUD 1150 Pounds

2000 $Aus

‘Normalised’ Corporate Price

1203 GBP1150 GBP 687 GBP

ISO Ccy Codes

3500 AUD1150 GBP2000 AUD

Even if your data quality is inconsistent, just uploading it, running it through our automated cleaning processes and using our powerful search tools will generate value.

Data Processing & SearchingOur systems automatically process key data fields, e.g. Manufacturer’s Name, to clean and normalise them. We are also able to add alias and synonym tables to operate across your data standards and languages. Our search technology has been configured to maximise the chances of finding the engineering spare part that you are looking for.

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We operate an easy to use search engine, with many filters and options available to the user. Clear, detailed results are returned, enabling the user to select the part required.

Successful e-business Solutions

Simplicity and SpeedE-commerce has gained a reputation as expensive, complex, and requiring huge specialist consulting teams for implementation. The key to sparesFinder's success has been to make an existing activity many times more effective using sophisticated web technology, but to keep implementation and use very simple.

sparesFinder brand your login pages with your company’s look and feel, and configure the advanced search fields to suit your needs. We can also set up the system to run on your corporate intranet, linking your users seamlessly to our database without needing to leave your own system.

sparesFinder’s solutions have been designed to be quick to implement and easy to use.

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Services

If your organisation uses spare parts, our services can help you to reduce your inventory costs and simultaneously improve spares availability. Our sophisticated technology groups and interprets data from disparate sources and converts it into useful information. This information is then delivered back to users across your enterprise through a highly accessible interface.

Virtual Pooled Inventory

Supplier Enablement

Trade Centre

Pre-Procurement Automation

Duplicate Part Purging

Inventory Insight

Supporting Services

These boxes link to further information on the individual services. Should you require any additional information, either visit our website or please contact us.

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Virtual Pooled Inventory

Virtual Pooled Inventory or VPI is our mostly widely adopted service. It automatically gathers inventory data from any inventory management system, categorises and normalises it, and then makes it widely available to other internal and external subscribers, through a variety of interface options.

A sophisticated search facility allows subscribers to locate urgently needed spare parts quickly. It provides contact details for the spare part owners and an optional online forum in which to agree a sale or loan directly.

The core benefits of VPI are applicable to any company that has capital tied up in engineering spare parts, or risks loss of revenue during periods of equipment downtime. The service offers you:

Improved cross site visibility

Reduced purchasing

Reduced inventory levels

Access to a normally "hidden" source of spares available for loan or purchase

Reduced downtime risks and insurance costs

Higher procurement staff productivity

Effective multi company pooling communities

An opportunity to sell surplus at better prices in a buyer driven market

An easy, cost effective e-business solution with rapid ROI

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Inventory Insight

Inventory Insight is our desktop data warehousing and analysis tool that gives extensive management information to multi-site Virtual Pooled Inventory (VPI) customers. It gives your managers the ability to view engineering stock holdings across the entire corporation, normalised into a base currency. Inventory Insight boosts management productivity, enhances performance, and leaves time to think about the information rather than just come to grips with the data.

In addition to the core benefits which result from VPI, Insight offers

Reduced inventory levels

Reduced storage and maintenance costs

Reduced obsolescence costs

Reduced interest charges on working capital

An opportunity to leverage the information in your CMMS / ERP

Optimised inventory rationalisation programmes

Identification of disparities in stock levels & usage levels between locations

Aggregated purchasing from individual suppliers

The ability to benchmark best practice across your organisation

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Duplicate Part Purging

sparesFinder's Duplicate Part Purging service offers you the opportunity to consolidate different part numbers for identical spare parts, and identify potentially huge amounts of otherwise hidden duplication. You can also reduce the causes of this problem by using our service to publish and control master catalogue standards across your organisation.

In addition to the core benefits which result from VPI and Insight, Duplicate Part Purging offers:

Reduced purchasing through improved data quality

Improved quality of management information

Improved consistency of future data input

Corporate leverage of local "little black book" information

Easy access to a corporate master catalogue

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Pre-Procurement AutomationPre-Procurement Automation, which automates the discipline of searching internally before buying, is the logical extension of our VPI service. It is available to users of VPI whose data is of sufficient standard, and whose organisations are able to act in a co-ordinated way across their sites.

The service effectively delivers an enterprise wide MRP by automating the pre-procurement discipline of searching internally across your enterprise first. We take the purchasing requirements generated by individual MRP runs, and then apply those requirements to a corporate set of rules configured individually and based on surplus rules, part value and geography. This service allows you to impose automatically the internal discipline required to prevent unnecessary buying when a spare is available elsewhere within your organisation.

More details

In addition to the core benefits which result from VPI and Insight, Pre Procurement Automation offers:

Prevention of unnecessary purchasing across your enterprise

Aggregated purchasing from individual suppliers

The reduction of corporate inventory to optimal levels

Increased procurement productivity

Increased control of procurement

Prevention of rogue purchasing

Reduced time spent in sourcing

Increased efficiency of order processing

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Trade Centre

sparesFinder's core business services enable our customers, typically large industrial corporations, to optimise their holdings of spare parts across multiple locations. Better inventory management leads to the identification of surplus spares, often unused, which companies may wish to dispose of. The Trade Centre has been established to support our existing customers by providing a link between them and the world of spare parts brokers and online auctions.

Our Trade Centre is available to both subscribers and non-subscribers to our other services, and offers you the following benefits:

Access to readily available parts and assets, at highly attractive prices, from reliable multi-national companies, in many regions of the world

The expert assistance of our professional staff to help you solve your sourcing problem

A buyer driven marketplace for your surplus assets

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Supplier Enablement

If you are a manufacturer or supplier of engineering spare parts, we have developed variations of our collaborative solutions to suit your particular needs. You may have been requested to link to the sparesFinder service by one of your major customers, or you may simply be seeking a quick, simple and cost-effective e-commerce solution. Either way, you will benefit from making your spare parts inventory visible in all searches being made by our subscribers, a group made up primarily of the people that want to purchase your equipment.

In addition to the core benefits which result from VPI, our Supplier Enablement service offers:

Extended access to your inventory information

Improved customer satisfaction

Increased customer base by using a new channel

A simple, cost effective e-procurement solution

If you wish to invest in more sophisticated solutions in the future we have established partnerships with leading software vendors to ensure a smooth transition without losing the benefits of membership of the sparesFinder community.

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Supporting Services

We can offer support to you at all stages of our business relationship. Pre-implementation, we can help to provide information as you prepare the case for your expenditure. During installation, you may require technical assistance and a training programme. Post-implementation, once actively using our services, you will have access to a previously untapped wealth of information and may want further help in leveraging this information to squeeze the most value out of your inventory resources.

We are able to provide support in all these areas. Where we believe we can serve you best, our own staff will assist; where other companies have the expertise, we will either introduce them or sub contract as appropriate and according to your wishes.

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Benefits

WorkingCapital

Reduction

Click to go to our online benefits calculator to estimate for yourself how

much your organization can benefit

$ Purchase Avoidance through:

Improved Cross Site Visibility

Improved Data Quality

Loan of Community Spares

£ Cash Inflow from:

€ Reduced:

Downtime Costs

Storage and Maintenance Costs

Interest Charges on Working Capital

¥ Lower:

Sale of Surplus

If you're serious about optimising your engineering inventory, the benefits to your company are likely to be real and tangible, as you can see from the many success stories from other sparesFinder subscribers.

We have identified the following tangible and measurable financial benefits which will yield a sustainable improvement to your profitability:

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Contact Us to take the Next Step

Thank you for taking the time to look at our e-brochure, which we hope you found informative.

Further Evaluation:Request an extended online demo here, conducted over the internet, without our needing to come to your office, or your needing to give up too much of your valuable time. You might also like to arrange a meeting with the key people in your organisation which we would attend, or you could come along to one of our regular seminars.

Proposal and Contract:Once we have understood your needs and you wish to proceed further, we will submit a detailed proposal, outlining the appropriate services for your company. As an Application Service Provider (ASP), our core services are typically contracted as fixed term subscriptions. This arrangement means that you can spend from your operating budget rather than capital, and significantly reduces your up-front outlay (no hardware or software licence costs). Rather than leaving you with an expensive burden on your balance sheet, we are focussed on delivering sustained value to you, thereby ensuring your subscription is renewed!

Implementation:sparesFinder services can be implemented in your company rapidly, allowing you to start reaping the benefits they bring as soon as possible. If required, our support team will come to your company and help with the implementation and training. We provide full support throughout your contract with us.

Contact Us:To send us an e-mail, click on the country name, or call the office nearest to you:

United Kingdom +44 20 8540 3010 United States +1 781 648 0898 South America +54 11 4963 3847 Australasia +61 2 9715 1405 Southern Africa +27 12 348 3250 South East Asia +60 3 7782 8502 Middle East +44 20 8340 3010

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