The management of spare parts inventory involves a lot of numbers. Stock ID numbers. Location numbers. Purchase order numbers. To name a few. The numbers that seem to get the most attention however are the dollar value numbers. How much is on hand and how much is used. These numbers
Coronavirus and Your Spare Parts Supply Chain – What You Should Do Right Now
Subject Area: Spare Parts Supply Chain The COVID-19 (coronavirus) outbreak that started recently in Wuhan China is having a ripple effect across the world. UPDATE 7 May 2020: It appears that more than 265,000 people have died and more than 3,818,000 people have been infected. The development of a vaccine
Spare Parts Management Education: Are You a Goldfish?
Subject Area: Spare Parts Management Education 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. Recently I was reminded
Book Sale at Industrial Press
Good news if you are looking for great resources to help with spare parts management. My publisher, Industrial Press, is having a ‘Season of Savings’ book sale. This includes my latest book: Spare Parts Inventory Management For 20% of all print and e-books use the code HOLIDAY20 Sales
Questioning the Purpose of Holding Spare Parts Inventory
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. Over the 35 years of my career I have learned
Management of Spare Parts: Are you Using the Right Set of Rules?
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. The management of spare parts is no different to any
Materials Master Data Maturity in the Era of Industry 4.0
This content has been removed However, you might be interested in this article, Management of Spare Parts: Are You Playing by the Right Rules.
Adopting a Zero Inventory Mindset
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. We Don’t Live in an Idealized World In an idealized
Four Ways That Spare Parts Management Silos Prevent Performance
Does your company operate with clear management silos? Do you understand how this requires special management attention in order be successful? Your spare parts management silos will have a big impact on your overall performance. For complimentary access to this article and our entire Basic Level content, register using the
3D Printing – A Revolution in Spare Parts Management?
Is 3D printing about to create a revolution in spare parts management? Since the 1990’s supply chain collaboration has had a major impact on the overall level of business inventories. Of course, some companies have done better than others but there is no doubt that industry stock turns have increased