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How to Select the Right Inventory Optimization Software

January 11 Phillip Slater

Topic Area: Inventory Optimization Software One of the major issues that people face with spare parts inventory management is the need to optimize the inventory. It is because, with this type of inventory, there are just so many different parts, so many different SKUs that you need to review and

Filed Under: Inventory Optimization, Spare Parts Alliance Tagged With: inventory optimization, RSI, software, spare parts inventory, video

Spare Parts Inventory Optimization Software: Selection Guide

September 14 Phillip Slater

Subject Area: Spare Parts Inventory Optimization Software So, you’ve decided that you’ve had enough of the excess inventory, too many stock outs, and poor inventory service levels and want to purchase inventory optimization software to help optimize your holding levels. Great! No doubt by now you have done an online

Filed Under: Spare Parts Alliance Tagged With: inventory optimization, RSI, software

Spare Parts Inventory Webinar: 7 Things Every Senior Manager Must Know

September 10 Phillip Slater

spare parts management policies

For most asset-intensive companies, spare parts are not much thought about at all when in ample supply but become the number one focus for survival when not available. Unfortunately, many companies still view spare parts management as a low-level operational task. As a result, these companies: Waste millions of dollars

Filed Under: Spare Parts Alliance, Video Tagged With: mro, procurement

A Specific Multi-National Company (MNC) Problem: A Team Approach to Spare Parts Inventory Management

July 6 Phillip Slater

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

Filed Under: Spare Parts Alliance Tagged With: asset recovery, excess inventory

How to Select the Right Vendor for the Services That You Need

June 22 Phillip Slater

Recently I presented a webinar that addressed the pros and cons of outsourcing the procurement of MRO. What we didn’t address was the issue of selecting the right provider. This issue doesn’t just impact procurement outsourcing but ANY provider of services. Here are links to two articles that address how

Filed Under: Spare Parts Alliance Tagged With: asset recovery, excess inventory

Webinar: Procurement Outsourcing of Indirect Materials

June 10 Phillip Slater

Do you know the characteristics that differentiate direct and indirect procurement? Direct procurement is characterized by high volumes, regular purchases, and a small number of suppliers. Indirect procurement, and MRO in particular, is characterized by low volumes, irregular purchases, a large number of different items, and a large number of

Filed Under: Spare Parts Alliance, Video Tagged With: mro, procurement

Monte Carlo Simulation: Inventory Optimization, Spreadsheets, and Black Box Solutions

May 18 Phillip Slater

Subject Area: Monte Carlo Simulation An interview on monte carlo simulation and inventory optimization with Michael Worden, CEO of Right Sized Inventory Software and techniques for inventory optimization have evolved over many years. While this sounds like good news, the real issue is that the approach used in software is

Filed Under: Spare Parts Alliance Tagged With: inventory optimization, RSI

Transparent Collaboration: The Future of MRO Procurement

February 3 Phillip Slater

An Interview on MRO Procurement with Mr. Detlef Daues, Founder of the V-LINE Group For the past few decades, the role of procurement has continuously evolved. Someone who has been at the forefront of these changes is Detlef Daues, Founder of the V-LINE Group. I met with Mr Daues at

Filed Under: Procurement, Spare Parts Alliance Tagged With: mro, procurement, V-LINE

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Our Pro Level Membership will equip you with the know-how and skills to effectively optimize and manage all aspects of your spare parts inventory.
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Services Referrals

To help ease your burden of a vendor search we are happy to provide referrals to service and product providers that we know and trust.
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40 Key Lessons for Spare Parts Inventory Management and Optimization

This complimentary management guide identifies 40 key lessons for spare parts inventory management and optimization.
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Latest Blog Posts

  • Using Spare Parts Metrics to Tell a Story
  • Spare Parts Inventory Training
  • Inventory Optimization Solution
  • Inventory Sharing Solution
  • Excess and Obsolete Inventory Disposal

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