Spare Parts Know How

Spare Parts Inventory Management Training

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Spare Parts Inventory Isn’t ‘Just Inventory’ – It’s Your Operational Insurance

Subject Area: Spare Parts Inventory Decision Support Platform
 

Spare Parts Inventory Decision Supportspare parts inventory
What problem are you trying to solve?

 
If you’re relying on ‘standard’ supply chain and inventory management tools and techniques for your spare parts, you are on the wrong path.

Most inventory training is built around retail, wholesale, or production stock. But spare parts inventory has different demand patterns, different risks, different financial pressures, and different consequences when the wrong decision is made.

This table shows the key differences between spare parts and other inventories.


 
 
 
 
 
 
 
That is why we built SparePartsKnowHow: to help individuals and teams build the capability to make better spare parts decisions — what to stock, how many to hold, which parts are critical, how to reduce excess, and how to build the systems and capability needed for sustainable improvement.
 

Find Your Pathway

 


Built Around the Decisions That Matter

 
Spare parts inventory performance is determined by a series of connected decisions.

What should be stocked? How many should be held? Which parts are critical? What can be reduced safely? What policies, systems, and practices are needed to make those decisions consistently?

The Spare Parts Decision Framework shows how these decisions fit together — from understanding why spare parts are different, through to operational control, optimization, risk management, and long-term capability development.

The Spare Parts Decision Framework provides the structure behind the training,
tools, resources, and support available through SparePartsKnowHow.com.

 

 

How do I know which spare parts to stock?
Deciding which spare parts to stock is one of your most important decisions — and one of the easiest to get wrong.
Explore this question >>>
How do we calculate the Re-Order Point
Too high ties up cash. Too low increases downtime risk.
The decision needs structure.
Explore this question >>>
How do we determine spare parts criticality?
Learn why criticality is about consequence and availability, not just price or usage.
Explore this question >>>
How do we manage obsolete inventory?
Obsolescence usually starts with early decisions, not with the stocktake that reveals it.
Explore this question >>>
How do I optimize spare parts inventory?
Optimization should focus on process not just numbers.
Explore this question >>>
What should be in a spare parts stocking policy?
Clarify the rules that turn good intentions into consistent decisions.
Explore this question >>>

 


Start Where You Are. Build What You Need.

 
Whether you are new to spare parts management, responsible for improving current practices, or leading a team that needs a common language and decision framework, the content at SparePartsKnowHow.com is organised to help you move forward.
 
You do not need to guess which course, article, tool, or resource applies to you.
 
The site is structured around practical capability levels — so you can start with the basics, go deeper where needed, and access more advanced decision support when your role or goals require it.

The Spare PartsKnowHow Capability Pathway

Spare parts management capability develops in stages.

    Open Access Start with the Open Access archive: articles, videos, and practical insights from nearly two decades of spare parts inventory management thinking.

    Foundations builds the core understanding needed to understand spare parts inventory management and make sense of the decisions that follow.

    Operations develops practical management capability to improve the way spare parts inventory is managed in practice.

    Practitioner provides the decision support resources needed to solve problems, improve practices, and support better inventory outcomes.

    Foundations for Teams creates shared understanding across the people who influence spare parts outcomes.

Each level is designed to help you make better spare parts decisions, in alignment with our Spare Parts Decision Framework.

The right starting point depends on your current capability and your goal.
 

Not Sure Where You Fit?
Try our Pathway Selection Tool to find where you should start.

Try Our Pathway Selection Tool

 
 


Testimonials

Read more >>>

The Advanced Spare Parts Management Program literally changed my career path

Jozef Ferenc
Lear Corporation
 

I really enjoyed this training, it gave me a new perspective on inventory management

Pieter Janssens
Longveld

Read about that program

 

It is hard to find classes that go into this detail.

Sondra Carroll
Shaw Industries Group

 

This was the first time that I’ve seen something that can be practically applied on a daily basis by almost anyone and without the need for expensive software.

Probin Konwar
QAFCO

 


Trusted by Major Asset-Intensive Companies Worldwide

See a more complete list HERE

 
 


“Achieving your spare parts management goals requires specific process and decision-making skills. You can either adopt these and improve, or stay where you are.”
Phillip Slater, Founder, SparePartsKnowHow.com

 
 


SparePartsKnowHow.com was founded by Phillip Slater, a spare parts management specialist, with 40 years’ experience and a career-long focus on improving business performance. Phillip is a consultant, author, trainer, and conference speaker. Read more about Phillip…
 

Latest Blog Posts

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  • Avoiding Survivorship Bias in Spare Part Procurement: From Efficiency to Resilience
  • Survivorship Bias in Spare Part Inventory Management: A False Sense of Security
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