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Are 99% of Spare Parts Inventory Statistics Pointless?

September 17 spkhadmin

spare parts inventory metrics

We have all been there – engaged someone to do a survey of the organization on some topic or other or perhaps complete some other type of analysis (and I am not just thinking here about spare parts inventory analysis).  We then look forward to the meeting where they present

Filed Under: Continuous Improvement, Implementation, Metrics and Reporting

Why Spare Parts Management Goals Are Not Achieved

November 19 spkhadmin

Subject Area: Spare Parts Management Goals Not achieving your spare parts management goals must be just about the most frustrating experience you can have in your job.  You work hard to deliver a project but the promised benefits are just not realized.  In fact, recently, the highly regarded consulting group

Filed Under: Continuous Improvement, Implementation

Phillip Slater Wins National Logistics Leadership Award

September 28 spkhadmin

Leadership in Logistics Education Award In 2012 the Logistics Association of Australia announced Phillip Slater as that year’s winner of the Kim Rothwell Leadership in Logistics Education Award.  Phillip Slater is a spare parts management specialist, consultant, author, and Founder of SparePartsKnowHow.com.  Kim Rothwell, is a life member of the

Filed Under: Ask Phill, Best Practice, Continuous Improvement, Implementation, Inventory Management, Inventory Optimization, Metrics and Reporting, Policies and Procedures, Storeroom Management

Three Questions For Better Spare Parts Management

December 8 spkhadmin

[grwebform url=”https://app.getresponse.com/view_webform_v2.js?u=uY&webforms_id=14719202″ css=”on” center=”off” center_margin=”200″/] Usually I use this forum to provide answers but this month I have decided to pose some questions. It’s up to you to determine the answers that will work best for you! Here are three questions to help you achieve better spare parts management by focusing on the actions that will

Filed Under: Continuous Improvement

Are You Trading Spare Parts Money for Time?

October 12 spkhadmin

[grwebform url=”https://app.getresponse.com/view_webform_v2.js?u=uY&webforms_id=14719202″ css=”on” center=”off” center_margin=”200″/] As someone who is involved in materials and spare parts management I am sure that you have come across the situation where there is an apparent need to justify expenditure on a specific spare part. Typically the logic goes like this: — The content below this line is only visible

Filed Under: Continuous Improvement, Inventory Optimization

How To Measure Qualitative Spare Parts Management Improvements

August 8 spkhadmin

spare parts forecasting

Subject Area: Qualitative Spare Parts Management Improvements Everybody loves hard data.  We measure and report  all sorts of things: sales, costs, profit, loss, headcounts, inventory values, production volumes, expenses, vacation time, sick leave, stock turns, purchase volumes, operating effectiveness, debtors, creditors, weeks of stock on hand, asset values, revenue, equity,

Filed Under: Continuous Improvement, Metrics and Reporting

There is No Substitute for Research

July 21 spkhadmin

[grwebform url=”https://app.getresponse.com/view_webform_v2.js?u=uY&webforms_id=14719202″ css=”on” center=”off” center_margin=”200″/] How do you validate what you hear or read in relation to products, services, and information? When trying to research information, if you are anything like me you go straight to Google.The online world provides us with a fantastic resource.But how do you know if what you see online is

Filed Under: Continuous Improvement

Continuous Improvement Interview

July 12 spkhadmin

[grwebform url=”https://app.getresponse.com/view_webform_v2.js?u=uY&webforms_id=14719202″ css=”on” center=”off” center_margin=”200″/] In an interview with Business Essentials Phillip Slater describes how many companies can use continuous improvement techniques to find the hidden profit within their business. — The content below this line is only visible to logged-in members —          

Filed Under: Continuous Improvement

The James Bond Approach to Inventory Optimization

March 10 spkhadmin

[grwebform url=”https://app.getresponse.com/view_webform_v2.js?u=uY&webforms_id=14719202″ css=”on” center=”off” center_margin=”200″/] OK, I admit it, I am a James Bond fan. You know James Bond, British Secret Service, 007, license to kill, and all that. How much of a fan am I? Well I have all 25 movies on DVD! Recently it occurred to me that what we need to do

Filed Under: Continuous Improvement, Inventory Optimization

Inventory Statistics Aren’t Analysis

February 21 spkhadmin

For complimentary access to this article and our entire blog archive, register using the button below. We will also keep you up-to-date on new content and courses. If you are already registered then you need to log-in.     Have you ever thought about the mind numbing array of statistics

Filed Under: Best Practice, Continuous Improvement

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Spare Parts Management Masterclass

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‘Must Know’ Training

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

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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.
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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.
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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.
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