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Stock Turn Definition

April 29 Phillip Slater

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.     Stock turn is one of, if not the, most important

Filed Under: Glossary

Definition of Just In Time (JIT)

April 9 Phillip Slater

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.     Just In Time (JIT) is perhaps the most often quoted,

Filed Under: Glossary

Reorder Point Definition – What You Need to Know

March 18 Phillip Slater

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.     Understanding the Reorder Point Definition is Vital Understanding the reorder

Filed Under: Glossary

Economic Order Quantity Definition

March 4 Phillip Slater

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.     EOQ is often misunderstood to be the purchase quantity that

Filed Under: Glossary

ABC Analysis Definition

February 25 Phillip Slater

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.     An ABC analysis is an analytical approach to inventory management

Filed Under: Glossary

Safety Stock Definition

February 18 Phillip Slater

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.     Understanding safety stock is one of the most important attributes

Filed Under: Glossary

MRO Definition (Plus Materials, and Spare Parts)

October 15 Phillip Slater

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.     Here is a useful and practical MRO definition that identifies

Filed Under: Glossary

Who is Phillip Slater?

October 1 Phillip Slater

That’s a fair question.  After all if you are going to join SparePartsKnowHow.com for online training and information then you want to know who Phillip Slater is and why this website will work for you. Let’s face it, there is plenty of material on inventory management out there on the

Filed Under: Glossary

MRP Definition

September 17 Phillip Slater

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.     Is the technique known as Materials Resource Planning misunderstood?  

Filed Under: Glossary

Supply Chain Management Definition

September 4 Phillip Slater

Spare Parts Warehouse

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.     APICS, The Association for Operations Management uses the following Supply Chain

Filed Under: Glossary

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Recommended Software and Services


Inventory Optimization Software


Right Sized Inventory uses patented inventory-optimization predictive analytics technology to analyze your supply chain and establish best target inventory levels. Read more...

Asset Recovery


NRI Industrial specializes in the management, marketing and sales of surplus industrial assets. They provide solutions to recover value from overstock, surplus and obsolete inventory. Read more... NRI Industrial

Reliability and Maintenance Education


The Reliability & Maintenance Center at the University of Tennessee, Knoxville, provides comprehensive programs of education in reliability and maintenance practice. Read more... RMC

Spare Parts Management Consulting


Phillip Slater, Founder of SparePartsKnowHow.com, spare parts inventory management specialist, consultant, guide, and mentor. Read more... Phillip Slater  

Online Resources, Training, and Support


SparePartsKnowHow.com: The most comprehensive online resource dedicated to spare parts inventory management. Visit the  Welcome page to read more >>> spare parts alliance

Latest Blog Posts

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