Taking place from September 24th to 27th, 2024, in Berlin, InnoTrans serves as a global hub for innovation in the rail sector. You can find Partium showcasing their cutting-edge solutions in the AI Mobility Corner, Hall 7.01 A, Booth 202.
Revolutionizing Spare Parts Management
What can you expect from visiting Partium in the AI Mobility Corner? They will present the future of spare parts management, revealing their AI-based part search solution that simplifies and accelerates the process of finding parts. Whether you are a technician, supply chain specialist, or maintenance professional, this solution enables you to locate parts within your system quickly and effortlessly using images, text, filters, QR codes, and barcodes. The ability to find the right part in seconds drastically improves asset availability and reliability. Furthermore, Partium assists in onboarding new technicians, enhances knowledge management, and speeds up internal procurement, inventory management, and maintenance processes.
By leveraging existing data, Partium delivers results in no time, enhancing your spare parts data with critical information. This added data allows your teams to optimize operations and handle challenges such as:
- Deduplication and subsequent warehouse stock optimization
- End-of-life & lifecycle management
- Identifying alternative vendors for parts
Partium and Its Impact on the Rail Industry
Partium is now a standard in Deutsche Bahn's (DB) repair and maintenance environments, thanks to its ability to reduce search times for replacement parts. DB, Germany's national railway company, sought a digital and mobile solution to streamline the process of locating parts, aiming to cut down the average search time from 15-20 minutes to a few seconds. Today, over 10,000 DB technicians use Partium, saving an impressive 16,800 person-days per year previously spent searching for spare parts.
Partium's success with Deutsche Bahn caught the attention of ÖBB, Austria's national railway company. Like DB, ÖBB aimed to improve efficiency and expand their service capabilities. Facing challenges such as long search times, a generational shift in the workforce, and an increasing volume of materials, ÖBB integrated Partium into their operations. Currently, approximately 800 ÖBB technicians benefit from Partium’s capabilities.
AI Parts Data Optimization Unlocks Even More Use Cases
Partium continues to evolve and has even more capabilities now:
- Insights into existing parts data: Partium’s Data Insights feature helps to clean up and reorganize existing parts data.
- Enrichment of existing parts data: Partium can now enrich missing metadata and add critical part information.
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Enrichment of image data: Do you only have 2D renderings of your parts? No problem, Partium’s AI can now turn them into product images.
These capabilities help operators in the rail industry to unlock various high-ROI use cases, including:
- Identifying Duplicates: Partium can identify and eliminate duplicates, which, in most cases, make up about 10% of the total dataset. By avoiding duplicate parts and double procurements, companies can minimize inventory levels and reduce tied-up capital.
- Automated Lifecycle Status: Partium supports obsolescence management by monitoring the lifecycle status of products. Any critical changes are automatically flagged, and relevant information is added to the material master, saving procurement and supply chain teams both time and effort.
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Identifying the Original Manufacturer: Partium's AI can now extract information such as logos and numbers from images, enabling users to identify the original manufacturer of a part. This capability empowers procurement teams to find alternative vendors, avoid vendor lock-ins, and ultimately save on costs.
Looking Ahead
Partium’s participation at InnoTrans 2024 marks another milestone in their mission to revolutionize spare parts management in the rail industry. Their innovations not only streamline operations and improve efficiency but also empower companies to tackle challenges in a rapidly evolving sector. Whether you’re a rail operator, technician, or supply chain specialist, Partium is poised to help you stay ahead of the curve. Don’t miss the opportunity to experience the future of spare parts management firsthand at InnoTrans 2024.
If you can't make it to InnoTrans but still want to connect with Partium, reach out to them here.
