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
Defining Best Practice Spare Parts Management
For complimentary access to this video 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. What is the best approach for defining best practice for
Spare Parts Management Best Practice Video
This spare parts management best practice video explains why most companies cannot achieve best practice in this area. In this short video Phillip Slater explains the constraints that limit the ability of companies in achieving their best practices goals. And then explains the four steps that companies must take to
Webinar: Procurement Outsourcing of Indirect Materials
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
Increase Supply Chain Reliability by 16%
How can process improvement increase supply chain reliability by 16% – even in the time of COVID-19? This video from our alliance partner, V-LINE EUROPE GmbH, covers COVID-19 supply chain disruptions in both Europe and the USA – including mode of transport and freight issues. It then explains
The Spare Parts Management Planning Horizon (video)
The spare parts management planning horizon is the time between when you know that you’re going to need the part and when you can get the part available for use. In this short video Phillip Slater explains. For complimentary access to this article and our entire blog archive, register using
Identifying Critical Spare Parts (Video)
Identifying Critical Spare Parts: One of the key causes of incorrect critical spare parts assessment is the assumption that just because a part is critical for the equipment that it is also to be classified as a critical spare part for the storeroom. In this short video Phillip Slater explains
Storeroom Management: The 3 As For Effective Management (Video)
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Last Time Buy and Spare Parts Management (Video)
With all spare parts, at some point, you will have to make a decision about your last time buy. This need comes about in several different ways but the decision is still the same: What will be the final quantity of that part that you are going to purchase? Phillip
The Problem with Spare Parts Inventory Optimization (Video)
What is the problem with spare parts inventory optimization? Yes, spare parts inventory optimization is terrific. It helps companies adjust their stock holding levels, reduce their working capital and reduce their procurement costs. However, there is a problem – as Phillip Slater explains. For complimentary access to this article and