Subject Area: MRO Procurement Complexity Do you wonder why MRO is such a hard category for procurement management? Do you find that your company constantly goes through cycles of adding and reducing MRO procurement resources? When companies manage indirect and MRO procurement in the same way that they manage direct
The True Cost of Managing Indirect Procurement
Do you know the true cost of managing indirect procurement vs. the cost of managing direct materials procurement? In this short video from the Something to Think About series, Phillip Slater explains the true cost of managing indirect procurement. Posted by: Phillip Slater
Spare Parts Management Guides
This page provides links to exclusive spare parts management guides only available at SparePartsKnowHow.com.
Spare Parts Inventory Optimization Software: Selection Guide
Subject Area: Spare Parts Inventory Optimization Software So, you’ve decided that you’ve had enough of the excess inventory, too many stock outs, and poor inventory service levels and want to purchase inventory optimization software to help optimize your holding levels. Great! No doubt by now you have done an online
Spare Parts Inventory Webinar: 7 Things Every Senior Manager Must Know
For most asset-intensive companies, spare parts are not much thought about at all when in ample supply but become the number one focus for survival when not available. Unfortunately, many companies still view spare parts management as a low-level operational task. As a result, these companies: Waste millions of dollars
Defining Best Practice Spare Parts Management
What is the best approach for defining best practice for spare parts management? We use a Stages of Excellence tool. This tool defines four levels of practice across 25 different aspects of spare parts management. Phillip Slater explains in this short video. Posted by:
6 Common Mistakes Spare Parts Managers Make
Subject Area: 6 Common Mistakes Spare Parts Managers Make Spare parts managers are perfect, right? If only that were true. Over the years I have met and worked with literally thousands of people engaged in spare parts inventory management. Repeatedly I see the same mistakes made over and over again.
Spare Parts Management Best Practice Video
This spare parts management best practice video explains why most companies cannot achieve best practice in this area. In this short video Phillip Slater explains the constraints that limit the ability of companies in achieving their best practices goals. And then explains the four steps that companies must take to
A Specific Multi-National Company (MNC) Problem: A Team Approach to Spare Parts Inventory Management
Subject Area: A Team Approach to Spare Parts Inventory Management Most of my career has been spent working with multi-national companies (MNCs). Sometimes these companies have operations in just a couple of countries. Sometimes they have hundreds of locations around the world. One thing they usually have in common is
How to Select the Right Vendor for the Services That You Need
Recently I presented a webinar that addressed the pros and cons of outsourcing the procurement of MRO. What we didn’t address was the issue of selecting the right provider. This issue doesn’t just impact procurement outsourcing but ANY provider of services. Here are links to two articles that address how