Spare Parts Know How

Spare Parts Inventory Management Training

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Spare Parts Know How FAQs

Subject Area: Spare parts management training questions

spare parts management policies

Ready to start achieving your goals for spare parts inventory optimization?

 
 
 
 
 
 


Why was SparePartsKnowHow.com created?

Phillip Slater, the Founder of SparePartsKnowHow.com, started his career as a maintenance engineer. During that time he learnt two things real fast.

  1. If you don’t have the right spares, then production stops until you do.
  2. There is a big difference between managing inventory and managing spare parts.

These two facts lead Phillip to develop tools and techniques specifically for managing and optimizing spare parts inventory. He applied these as a consultant and had outstanding results.

Phillip’s clients then requested a way to get continuing access to this critical information online. And so SparePartsKnowHow.com was born.

You might be interested in reading this article: Adopting a Zero Inventory Mindset.
 


How is Managing Spare Parts Different to Other Inventory Types?

The practical reality is that there is a big difference between managing inventory and managing spare parts.

The simplest explanation is to think about insurance spares.

Almost all of what you read about inventory management is based on a retail model of inventory. This means that if something doesn’t move then you get rid of it. With spare parts you can’t do this. The best example is insurance spares. You want them in stock, but you don’t want to have to use them because that means that something has gone horribly wrong!

If your inventory management is largely based on a retail model then you will not have what you need, when you need it.

This is why some of the world’s best known companies utilize the training and services at SparePartsKnowHow.com.

You might be interested in reading this article on The Rules of Spare Parts Management.
 


Why Use Online Resources?

Accessing online resources provides many benefits, the most obvious of these are:

  1. Cost savings: no travel and accommodation expenses for training
  2. Convenience: no extended time from work
  3. Flexibility: study the content when it suits you

Plus, here are a few less obvious reasons:

  1. You can pause and repeat the video content
  2. You can review items that you might be expected to know – without embarrassment
  3. You can move ahead and work at your own pace
  4. There is no-one standing over you saying, ‘do you understand this?’

Plus, with some of our courses, we are available to answer your spare parts management training questions for a full 12 months – you don’t get that with a 2-day seminar!

On all measures our online resources approach is superior to traditional class room training.

Want to know more? You might be also interested in reading this article How to Stop Wasting Time and Energy with Spare Parts Inventory Management Training.
 


What is the Spare Parts Training Academy?

The Spare Parts Training Academy is part of the SparePartsKnowHow.com platform.

The Academy is where we host our online training courses, utilizing a state-of-the-art online training learning management system to help guide students through the training in a way that makes it easy to follow and track progress.

Click here to read more about the Spare Parts Training Academy.
 


How Does Self-Paced Training at SparePartsKnowHow.com Work?

Joining SparePartsKnowHow.com unlocks access to the content for that course or program. You can then access that content wherever you have access to the Internet.

With our Advanced Certificate Course there are no classes to attend and you can study at your own pace. You can ‘dip’ in and out of the content whenever it suits you – for the term of your membership.
 

Your material and presentation is very clear and easy to understand and I have learned so much. I wasn’t trained to manage an inventory but have grown into this position.

Denise Garner
Spare Parts Manager Customer Care Group
Haarslev
 


What Self-Paced Training Options Are Available?

You can see our current online training options HERE.

online training
 

I want to compliment Phillip Slater on the professionalism, ease of understanding and practicality of the modules. SparePartsKnowHow.com is of a world class standard and suitable for any industry in the world.

Ernie Thaver
Supply Demand Manager
Sasol Mining
 
 


Can I Upgrade to the Pro Membership?

For those who are unsure whether to join the Advanced Course or the Pro Membership we offer our ‘peace of mind’ option.

If, after joining the Advanced Course, you decide to upgrade to the Pro level, you can do that at any time during your Advanced Course access.

When upgrading you then get 6 months of Pro access from the date of the upgrade.
This means that if you decide to upgrade after, say 5 months, you then get a further 6 months of Pro access.

The upgrade investment will be a flat rate equal to the difference between the Advanced and Pro Level investments. The link to upgrade is on the Orientation page of the Advanced Course.
 


What About Team Training?

Our Spare Parts Management Online Boot Camp is an intensive, instructor led, 100% online, group or team training program that teaches participants the fundamentals of spare parts inventory management.

To learn more CLICK HERE
 


How Do I Track My Progress?

Our courses use a Learning Management System (LMS) that enables you to track your progress throughout the course.

The following video explains how it works.

 


How Do I Know If This Training is Right For Me?

Our training is developed specifically for people who use, are engaged in, or who manage MRO and spare parts inventory.

This includes:

  • Engaged in the day-to-day activities of spare parts management.
  • Overseeing or supervising spare parts inventory management and decision-making.
  • Assigned with the task of implementing changes in the way your company manages spare parts.

People who join SparePartsKnowHow.com come from all aspects of spare parts inventory management. Including:

    Storeroom & Warehouse Personnel
    Spare Parts Management
    Supply Chain
    Procurement
    Purchasing
    Maintenance
    Planning
    Finance

With a range of titles

    Storeroom leaders
    Supervisors
    Superintendents
    Managers
    Directors
    Corporate Supply Chain Managers
    Inventory Managers
    Improvement Program Leaders
    Purchasing Leaders
    Technical Managers/Support
    MRO Specialists
    Technology Leaders
    Supply Room Solutions
    National Project Managers

As a guide: if you ‘just’ want to lean about spare parts management and optimization then check out our Advanced course.

If you need to ‘dig deeper’, maybe develop policies, maybe become the in-house expert that everyone looks to, or be the person providing guidance and leadership then check out the Pro Level Program.
 


But I don’t have time to study!

This is where desire meets commitment!

Sometimes making progress at work, gaining qualifications, progressing your career takes a little extra effort.

To help with that our training is designed to be flexible so that it can fit into any busy schedule.

Plus with some options we provide 6 months access so that there is no immediate time pressure to get through everything immediately.

Ultimately however, you need to decide if you want to spend your career as part of the problem or part of the solution.

 


How Do I Register and Pay?

Registration is easy!

You can be online and starting your training in about 2 minutes!

Just follow these three steps:

  • Decide which course or program is right for you or your team – visit our online training options page
  • Process your payment – use the ‘Start now’ links on the information page for your chosen option to process your payment securely and safely online.
  • Finalize registration and start – once your payment is processed you will be directed to a registration page. Once registered you will have immediate access to your chosen course or program.

 


What Support Do I Get?

If you have a question about any content (or any spare parts management training questions) just email us using the Online Coaching feature and you will receive a prompt response.
 
This support is provided by Phillip Slater, Founder of SparePartsKnowHow.com.
 


How Do I Qualify for a Certificate?

There is nothing like a certificate to validate your studies and know-how!
 
To qualify for a certificate you need to complete the quizzes associated with either the Must Know or the Advanced Spare Parts Management Course. The quiz links are clearly labelled on the access page for each module.

Please allow 7 days for certificates to be issued.
 

The online training program helped our team to better understand the complexities of spare parts management. We recommend [this] for anyone looking to expand their understanding and skills with spare parts management.

Askar Andirov & Sabit Trumov
Spare Parts Superintendents
Karachaganak Petroleum
 


What About Continuing Professional Development and CPD Hours Relating to Spare Parts Management?

Many professional organizations require members to log their Continuing Professional Development (CPD), and some also count the number of hours spent in CPD. SparePartsKnowHow.com can contribute to your CPD requirements. Some of the organizations which require this include:

  • The Chartered Institute for Procurement and Supply (CIPS)
  • Australasian Supply Chain Institute (ASCI)
  • Chartered Institute of Logistics and Transport (CILT)
  • American Production and Inventory Control Society (APICS)
  • Institute of Supply Management (ISM)
  • Project Management Institute (PMI)
  • Association of Asset Management Professionals (AMP)
  • Asset Management Council (AMC)

Please check with the relevant organization.
 


What are Your Mission, Vision and Values?

Mission
To provide practical insights that enable people to identify new opportunities to optimize their inventory and reduce excess expenditure on spare parts inventory.

Vision
To be the global go-to website for spare parts optimization training, resources, and services.

Values
Leadership
This means that we have the courage to say what we think and to ensure that we focus on the ‘things that matter’.

Integrity
We are honest and guided by our values.

Service
High quality service means that we do what we say we do and we respond in a time manner.

Insight
We develop meaningful, pragmatic, and implementable content and solutions.

Collaboration
We value working with others to achieve mutually beneficial goals.

Results
Ultimately, all our work is aimed at achieving measurable outcomes
 


What if I Have More Spare Parts Management Training Questions?

Simple, just contact us and ask!
 
 
 

Spare Parts Management Masterclass

Watch this on-demand webinar to discover the 8 strategies that will help you achieve your spare parts inventory management goals
Read more...

‘Must Know’ Training

Our ‘Must Know’ training course teaches the absolute ‘must know’ information, tools, techniques required for effective spare parts management.

Read more...

Advanced Spare Parts Management Course

For those who need to go deeper and broader.

Ideal if your goal is to update your company’s approach and systems for spare parts management.
Read more...

Pro Level Membership

With access to all our key resources, a Pro Level membership will equip you with the know-how and skills to become a ‘thought leader’ in spare parts inventory management.
Read more...

Online Boot Camp

A live, online, interactive, team-based delivery of our Basic Training course designed to provide your team with a common understanding of the basics of spare parts inventory management. Read more...

Software and Services

At SparePartsKnowHow.com we can help with more than just spare parts management training.

We also have access to software and services that are developed to help with spare parts inventory management.
Read more...

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