Subject area: Materials Data Management Solution When was the last time you checked how much of the data in your in-house spare parts catalog is incorrect? By incorrect I mean wrong or out of date description, part number, supplier details and so on. Recently I saw a report indicating that
Instructor-led Online Training
Subject area: Instructor-led Online Training In addition to our standard online training we can also provide tailored online spare parts management training. This is an instructor-led spare parts management training service that will focus on your specific issues and concerns. Here are the key points: Pre-training session to discuss your
Spare Parts Inventory Optimization Trap 2
Subject Area: Spare parts inventory optimization trap Traps to Avoid: Lesson 2 Spare parts inventories are typically made up of tens of thousands of items, but do they all need to be optimized? It is easy to fall into the trap of thinking that because the ‘software does the work’
Spare Parts Inventory Characteristics
Subject Area: Spare Parts Inventory Characteristics Do you manage spare parts inventory? Are you aware that spare parts inventory has specific characteristics that differentiate it from other inventory types? This short video is an edited extract from a live webinar titled: What Every Senior Manager and CFO Must
Spare Parts Management Guides
This page provides links to exclusive spare parts management guides only available at SparePartsKnowHow.com.
6 Common Mistakes Spare Parts Managers Make
Subject Area: 6 Common Mistakes Spare Parts Managers Make Spare parts managers are perfect, right? If only that were true. Over the years I have met and worked with literally thousands of people engaged in spare parts inventory management. Repeatedly I see the same mistakes made over and over again.
A Specific Multi-National Company (MNC) Problem: A Team Approach to Spare Parts Inventory Management
Subject Area: A Team Approach to Spare Parts Inventory Management Most of my career has been spent working with multi-national companies (MNCs). Sometimes these companies have operations in just a couple of countries. Sometimes they have hundreds of locations around the world. One thing they usually have in common is
Spare Parts: Do You Want a Better Number?
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 How would you know if your spare parts management system was sub-optimal? If your ERP system is fit for purpose, why do you still not get the results you want? This article explains why sub-optimal spare parts management systems are most likely a failure