Machine Spare Parts, Tools, Hardware, components and accessories are essential elements for a robust manufacturing sector. In India and elsewhere across emerging markets, Micro small and medium enterprises (MSMEs) contribute significantly in manufacturing as well as in exports. Manufacturing MSMEs productivity, profitability and operational performance plays a key role in building a robust manufacturing ecosystem.
BookMyparts is playing a key role by ensuring availability of quality machinery spare parts, tools, components, accessories and hardware material at an affordable price to be delivered on time. A razor sharp focus on the supply chain vertical of machine spare parts is quintessential. It facilitates the manufacturing and MSME sector comprehensively. The several challenges faced by MSMEs in procurement of spares has affected their competitiveness and ability to beat global competitors in their respective industries.
Our B2B – Business to business and Business to customer platform dedicated for machine spare parts, tools, hardware, components and accessories simplifies the procurement for MSMEs. It intends to creates ease of manufacturing for millions of MSMEs in India. BookMyParts.com has developed in house abilities to identify, understand and apply intelligence on spare parts, tools, hardware, accessories and components business for the benefit of its customers.
At the same time, the cost of spare parts is more than 50% of total maintenance cost in the industry. It is an irony to note that the maintenance department is complaining of the non-availability of the spare parts to meet their requirement and 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. Bookmyparts.com intends to fill the gap and make the supply chain of machine spare parts robust, responsive and efficient.
Why spare Parts, Tools, hardware, Components and Accessories are so important for Manufacturing ?
Manufacturing in India is a key to achieve higher economic growth and to facilitate manufacturing, procurement of machine spare parts is a key element. Industrial supply chain of spare parts is complex and messy, We @ BookMyParts, we have created industrial products online store to help manufacturing sector to source spare parts online. This will help small, medium and large factories to buy parts conveniently and quickly saving their time, efforts and money.
Due to lack of timely availability of machinery spare parts manufacturing units suffers production loss, productivity and labor losses. With BookMyParts hassle free online industrial supply we have been working towards altering the dynamics of supply chain of machine spare parts business.
Online spare parts shop on Book my parts ensure quick availability of spares so that manufacturers need not invest on the spare parts inventory and save on working capital and inventory space. Spare parts Management plays 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 plant 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 down time, particularly among MSMEs.
Add to this, machine spare parts imported from countries like China, Korea, Taiwan, Hong Kong etc. wherein the procurement of spare parts for the imported machinery is a painful process, BookMyParts makes it easier for manufacturers to procure machinery spare parts for imported machines in Textiles, Nonwoven, plastics and other industries as well.
On the other side, BookMyParts works with several small and medium engineering firms, machinery and spare parts manufacturers to help them selling their products. It opens up new market and opening for these manufacturing entities who dealt with conventional offline business so far. With launch of Government of India’s Make in India, Atma Nirbhar Bharat, Vocal for Local, import substitution, BookMyParts works with several MSMEs and hand hold them to take advantage of thrust on manufacturing and offer them the platform to sell their products through platform
At the same time, the cost of spare parts is more than 50% of total maintenance cost in the industry. It is an irony to note that the maintenance department is complaining of the non-availability of the spare parts to meet their requirement and 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 organization. BookMyParts.com is filling the gap and make the supply chain of machine spare parts robust, responsive and efficient.
Omni Channel, Phygital experience
Industrial supplies availability including spare parts, tools, hardware, components and accessories through well organized retail is not yet developed in India. BookMyParts has conceptualize, designed, developed, patented and executed a well organized Industrial retail shopping experience through Industrial Shopping Mall. It is fully integrated with cloud technology and B2B ecommerce platform thereby providing Phygital experience to Industrial Retail customer. More importantly, these Phygital stores integrated with technology. These Phygital stores are situated in the vicinity of Industrial Areas so that it can serve industrial customer much better by being closer to them. These stores are well furnished air conditioned mini warehouses, equipped with attractive display, a well trained engineering assistant, a comfortable ambience and a dedicated service center.
BookMyParts Industrial Shopping Mall are one stop destination to buy tools, hardware, spare parts, small equipment, components and accessories both offline and online. The customer experience is a key elements in concept. In India, Industrial Retail buyers needs to be better informed, aware and deserve better choices and treatment. The Omni channel encompassing online, physical, phone, social media seamlessly deliver great customer experience for BookMyParts customers.
Established in 2016, BookMyParts serves 3000 customers and counting. With 10,000 SKUs and 100 plus categories, BookMyParts has created a niche for itself by focusing exclusively on supply chain of spare parts, tools, hardware, components and accessories segment. It intends to widen its customer base across India and gradually go global by starting up cross border ecommerce and online platform serving Global markets.
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