Guest Post from Michael Worden, CEO, Right Sized Inventory In the short term, historic order patterns will not be sufficient to run the supply chain. These are the words of Lora Cerere, Founder of Supply Chain Insights, in a recent article published in Forbe’s magazine. Unfortunately, Lora
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 10 March 2020: It appears that more than 4,000 people have died and more than 113,000 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
A Webinar from Sphera MRO Materials master management has become a foundation element for performance in a world where IoT and digital twins are at the forefront of change. Quite simply: if you do not manage your materials master data you cannot manage your inventory. To
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
Your spare parts management silos have a big impact on your overall performance. For example, your maintenance and reliability team will know better than anyone the impact that a shortage of spare parts has on the business. No spare often equals no production and so there is sometimes an attitude
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