Time Critical Logistics can be defined in many ways and related to various industries. In essence, critical logistics involves urgent and capable logistics management of commodities that must be delivered to the customer to reduce and eliminate business downtime due to manufacturing defaults, breakdowns, accidents, Force Majeure, and more.
There are many elements involved in Time Critical logistics, and it may require many parties to ensure the supply chain is optimized without compromising service levels
Companies worldwide face the potential of financial losses and reductions in service levels if Time Critical Logistics Solutions are not put in place. Therefore, companies rely on successful logistics and maintenance programs to avoid downtime costs as much as possible. The requirements for this strategy are smooth-running procurement programs, capable logistics, and optimal use of spare parts. These tasks are summed up by spare-parts logistics of the customer or user.
Two critical 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. To perform an urgent maintenance job, sufficient maintenance capacity must be available.
Typically performed internally within a company, by a service provider, or the spare parts supplier.
Reliable and fast provision of spare parts by the supplier is also necessary. Spare-parts logistics primarily involves
procurement of spare parts, warehousing, and scheduling of maintenance work.