Each unit has the characteristics of uninterrupted operation, equipment can not be stopped at any time maintenance. In order to ensure that equipment spare parts damaged, can be replaced in a timely manner, the company purchased a large number of stock. As of August 2019, the company's spare parts balance amounted to 5.17 million yuan, of which, more than 5 years of spare parts inventory amount of 2.35 million yuan, accounting for 53% of the total spare parts inventory, which indicates that the company's overall liquidity of spare parts is very poor. The occupation of this part of the funds not only can not create profits for the company, but to a certain extent increased the daily management of spare parts warehouse difficulty and costs.
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