Is the forecasting of spare parts requirements hard, especially intermittent parts? Is your demand for parts based on random failure? These issues lead to forecasts that don’t achieve their goal. Having the past you need, when you need them. In this short video Phillip Slater explains what works – and

Does your company spend money (working capital) on spare parts inventory that you don’t actually need? Do you end up holding them for a long time before deciding to remove those parts and incur the cost of the obsolescence? Perhaps a better idea would be to not buy those parts

This management of spare parts inventory video explains why the effective and efficient management of spare parts relies on the input from people from a whole range of different functions from within the organization. Working together is essential for spare parts management success. Phillip explains in this short video. Working

One of the enduring debates around spare parts management is to do with spare parts standardization. That is, if we standardize our plant and equipment, we would then be able to hold a standardized set of spare parts? In this short video Phillip Slater explains the pros and cons of

Improvements in your maintenance practices will not solve your spare parts management problems. If you don’t have your act together in terms of your spare parts decision making then you’re not going to get the outcomes that you need. In this short video, Phillip Slater explains why. Maintenance Will Not

The Spare Parts Management Comfort Zone: when you’re in that place where it seems like you know everything that’s going on, where you really can’t make any mistakes. But comfort zones also have a dark side. In this short video Phillip Slater explains what this is.   Video Transcript The

There is one question you need to ask with spare parts inventory management and unfortunately most companies don’t ask this question. This video explains what this question is and why it is important   The One Question You Need Ask with Spare Parts Inventory Management Video Transcript Hi, my name

The application of block chain technology has been a hot topic of discussion for some time now. Most of that discussion has focused on what we might call ‘low trust’ environments and so block chain is mostly associated with bit coin. However, block chain and the ‘Internet of Things’ (IoT)