Obsolescence Management - PaperTurn - Flipbook - Page 15
Critical Spares / Consignment / Bonded Stock
Consignment Stock - Industrial automation stock that is legally owned
by Radwell, but held on site by you.
Bonded Stock - Industrial automation stock that is legally owned by
Radwell and held on site by us.
In both cases we monitor inventory with agreed levels and ownership
is passed to you when you use the stock. The parts are charged for
when used and replaced at cost, or repaired to replace the one used
at the cost of the repair.
This replenishment of stock ensures availability and reduces machine
down time situations.