Paper mills often face a situation after years or decades of operation where the number of spare parts on hand gets enormous. Minor machinery upgrades or rebuilds have been carried out over the years and some new spare parts have been bought each time to ensure continuous operation. Spare parts for the equipment taken out at upgrades are usually not scraped or removed from inventory. This naturally results in very high inventory values that include plenty of obsolete items, or items that have been around for years but nobody actually knows where they belong. Help is now available for streamlining inventories and cutting related costs!
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