For access to this post, and all of our content, join using the button below. If you are already registered then you need to log-in. Is the technique known as Materials Resource Planning misunderstood? Well, in the world of materials and spare parts management for maintenance
Why MRO and Spare Parts Inventory Management Is Different to Other Inventory
Subject Area: MRO and Spare Parts Inventory MRO and spare parts inventory management is different so is it any wonder why you can’t seem to get your MRO and spare parts inventory consistently under control while other inventory types appear to be well managed? Are you challenged by the spare
Supply Chain Management Definition
For access to this post, and all of our content, join using the button below. If you are already registered then you need to log-in. APICS, The Association for Operations Management uses the following Supply Chain Management definition: ‘design, planning, execution, control, and monitoring of supply chain
Spare Parts Inventory Definition
For access to this post, and all of our content, join using the button below. If you are already registered then you need to log-in. Definition of Spare Parts Inventory The International Accounting Standards define inventory as follows. ‘Inventories’ are assets: (a) held for sale in the ordinary
Excess Spare Parts Inventory: Deal With It
One of the issues that arise with spare parts management in every industry is the management of excess inventory. This is particularly so with engineering spares, used to provide operational support to maintenance and production. With these spare parts there is often a high number of items that are used
How Squirrel Stores Wreck Your Data
Recently I wrote about the two major storeroom activities that prevent your issues data from accurately representing actual usage. The first of these was the returns-to-store process and you will recall that, despite the impact on your data, if managed well this process can actually help you improve your reliability.
How Returns to Store Improves Reliability
[grwebform url=”https://app.getresponse.com/view_webform_v2.js?u=uY&webforms_id=14719202″ css=”on” center=”off” center_margin=”200″/] Recently I was an attendee at a webinar on the interaction between maintenance reliability and the storeroom. This was a free webinar that while free of cost was also free of content! Unfortunately in this case what content was there was also downright misleading because one of their key points was
The Two Whys of Spare Parts Inventory Management
The Toyota Production System is seen by many as the origin of Lean Manufacturing – an approach to operations management that eliminates waste and as the name suggests aims to operate as lean as possible. According to Taiicho Ohno, the creator of the system, the approach was built upon a
The Truth About Long Supply Chains
Recently I visited a company located near Hobart, in Tasmania. Hobart is the southern most capital city in Australia and possibly the world. One of the interesting things about Hobart (from a spare parts inventory perspective) is that it is a long way away from many industrial centres that supply
Repairable Spare Parts Decision Making
Recently I was helping a company develop a suite of spare parts management policies. The process for this involves reviewing the company’s existing policies and then working with their nominated team to improve these or develop new polices, using ‘tried and tested’ generic policies as the starting point. The Repairable