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The #1 Problem with Spare Parts Inventory Metrics

May 7 Phillip Slater

I am sure that you have heard the saying, ‘what gets measured, gets managed’. Essentially this tells us that people will focus on the things that are reported. This measurement should provide the feedback loop required to know if you are on track to reach your targets and

Filed Under: Metrics and Reporting

The Herd Behaviour of Spare Parts Inventory Metrics

February 21 Phillip Slater

For complimentary access to this article and our entire Basic Level content, register using the button below. We will also keep you up-to-date on content and courses. If you are already registered then you need to log-in.     Often, I am asked about spare parts inventory management metrics.

Filed Under: Metrics and Reporting, Policies and Procedures

Spare Parts Management Certificate Testimonial

January 11 Phillip Slater

The Best Resources I Have Every Studied My career has been spent in Spare Parts, Materials and Warehousing in support of operations and maintenance (O&M).  Until now, my knowledge, skill and ability has been largely learnt on the job as well as working alongside some very experienced maintenance people and

Filed Under: Best Practice, Continuous Improvement, Implementation, Inventory Management, Inventory Optimization, Metrics and Reporting, Policies and Procedures, Storeroom Management

Spare Parts Inventory Management – Part 4

November 15 Phillip Slater

Subject Area: Spare Parts Inventory Management – Part 4 The book Spare Parts Inventory Management addresses the entire life cycle of spare parts inventory management – from establishing the system of management through to deciding what to stock, the operations phase, and ultimately obsolescence and disposal. In this short video

Filed Under: Ask Phill, Best Practice, Continuous Improvement, Implementation, Inventory Management, Inventory Optimization, Metrics and Reporting, Policies and Procedures, Storeroom Management

Spare Parts Inventory Management – Part 3

November 10 Phillip Slater

Subject Area: Spare Parts Inventory Management – Part 3 The book Spare Parts Inventory Management addresses the entire life cycle of spare parts inventory management – from establishing the system of management through to deciding what to stock, the operations phase, and ultimately obsolescence and disposal. In this short video

Filed Under: Best Practice, Continuous Improvement, Implementation, Inventory Management, Inventory Optimization, Metrics and Reporting, Policies and Procedures, Storeroom Management

Spare Parts Inventory Management – Part 2

November 8 Phillip Slater

spare parts inventory management

Subject Area: Spare Parts Inventory Management – Part 2 The book Spare Parts Inventory Management addresses the entire life cycle of spare parts inventory management – from establishing the system of management, through to deciding what to stock, the operations phase, and ultimately obsolescence and disposal. In this short video

Filed Under: Best Practice, Continuous Improvement, Implementation, Inventory Management, Inventory Optimization, Metrics and Reporting, Policies and Procedures, Storeroom Management

Spare Parts Inventory Management – Part 1

November 3 Phillip Slater

Subject Area: Spare Parts Inventory Management – Part 1 The book Spare Parts Inventory Management addresses the entire life cycle of spare parts inventory management – from establishing the system of management through to deciding what to stock, the operations phase and ultimately obsolescence and disposal. In this short video

Filed Under: Best Practice, Continuous Improvement, Implementation, Inventory Management, Inventory Optimization, Metrics and Reporting, Policies and Procedures, Storeroom Management

Spare Parts Inventory Management – Structure of The Book

October 31 Phillip Slater

Subject Area: Spare Parts Inventory Management – Structure of The Book The book Spare Parts Inventory Management addresses the entire life cycle of spare parts inventory management – from establishing the system of management through to deciding what to stock, the operations phase and ultimately obsolescence and disposal. In this

Filed Under: Best Practice, Continuous Improvement, Implementation, Inventory Management, Inventory Optimization, Metrics and Reporting, Policies and Procedures, Storeroom Management

The Spare Parts Data That You MUST Check

December 14 Phillip Slater

There Are Many Types of Spare Parts Data In the world of spare parts inventory management there is plenty written and said about spare parts data.   The spare parts data that is your parts usage history. The spare parts data that is your parts description. The spare parts data

Filed Under: Best Practice, Continuous Improvement, Implementation, Inventory Management, Inventory Optimization, Metrics and Reporting, Policies and Procedures, Storeroom Management

Stock Turn Illusion and How to Avoid It

October 19 Phillip Slater

What if the metric that you rely on doesn’t actually tell you what you think it does? In this 2-Minute Tutorial Phillip Slater discusses the Stock Turn Illusion and how some companies misinterpret this important spare parts inventory management measure. Phillip Slater is a Spare Parts Management Specialist with 35

Filed Under: Metrics and Reporting

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Asset Recovery


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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

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