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Spare Parts Management Decisions: Your Business Profit Relies on Them

January 18 Phillip Slater

Subject Area: Spare Parts Management Decisions Do you fully understand the connection between your business’ profit and your spare parts management decisions? How does a decision on spare parts holdings and management flow through to your corporate profit? The reality is that your business profit relies on the day-to-day spare

Filed Under: Video Tagged With: excess inventory, mro, spare parts inventory, spare parts management decisions

Business and Spare Parts Management Strategy

January 11 Phillip Slater

Subject Area: Business and Spare Parts Management Strategy Concerned about the amount of money tied up in your spare parts inventory? Unsure about how your spare parts management fits into achieving your business strategy? The reality is that spare parts management is fundamental to achieving your business strategy. This is

Filed Under: Video Tagged With: inventory optimization, mro, spare parts inventory, spare parts management strategy

Excess Spare Parts Inventories: a Symptom or the Problem?

December 21 Phillip Slater

Subject Area: Excess Spare Parts Inventories Concerned about the excess spare parts inventories that your company has? Do you think that this is the problem that needs to be solved? The reality is that excess inventory is a symptom, not the problem. The ‘problem’ is something else in your spare

Filed Under: Video Tagged With: excess inventory, inventory optimization, mro, spare parts inventory

Slow Moving Spare Parts Inventory: You Will Need to Hold Items That Will Not Move

December 14 Phillip Slater

Subject Area: Slow Moving Spare Parts Inventory Concerned about the number of slowing moving items in your spare parts inventory? Concerned that these are a sign of wasted money and poor inventory management? The reality is that with spare parts inventory you will need to hold items that will not

Filed Under: Video Tagged With: inventory optimization, mro, slow moving, spare parts inventory

Inventory Management Training: Most of What You Learned Does Not Apply to Spare Parts

December 7 Phillip Slater

Subject Area: Inventory Management Training Have you, at some time, participated in inventory management training? Maybe at a conference, seminar, or a formal course? Have you noticed that applying inventory management training theory and techniques hasn’t helped you get the results you need with your spare parts inventory? This video

Filed Under: Video Tagged With: inventory optimization, spare parts inventory, video

Spare Parts Inventory Costs are Avoidable

November 23 Phillip Slater

Subject Area: Spare Parts Inventory Costs Concerned about the amount of money tied up in your spare parts inventory? Worried that there is no other way to manage this inventory type? Failure to understand the ‘rules’ around spare parts inventory leads to waste in spare parts inventory costs that are

Filed Under: Video Tagged With: mro, spare parts inventory

Spare Parts Inventory Characteristics

November 9 Phillip Slater

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

Filed Under: Inventory Management, Video Tagged With: inventory optimization, mro, spare parts inventory, video

The MRO Procurement Complexity Trap

October 19 Phillip Slater

Subject Area: MRO Procurement Complexity Do you wonder why MRO is such a hard category for procurement management? Do you find that your company constantly goes through cycles of adding and reducing MRO procurement resources? When companies manage indirect and MRO procurement in the same way that they manage direct

Filed Under: Video Tagged With: mro, procurement, video

The True Cost of Managing Indirect Procurement

October 7 Phillip Slater

Do you know the true cost of managing indirect procurement vs. the cost of managing direct materials procurement? In this short video from the Something to Think About series, Phillip Slater explains the true cost of managing indirect procurement. For complimentary access to this video and our entire Basic Level

Filed Under: Video

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

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Recommended Software and Services


Inventory Optimization Software


Right Sized Inventory uses patented inventory-optimization predictive analytics technology to analyze your supply chain and establish best target inventory levels. Read more...

Asset Recovery


NRI Industrial specializes in the management, marketing and sales of surplus industrial assets. They provide solutions to recover value from overstock, surplus and obsolete inventory. Read more... NRI Industrial

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

Latest Blog Posts

  • Spare Parts Management Decisions: Your Business Profit Relies on Them
  • How to Select the Right Inventory Optimization Software
  • Business and Spare Parts Management Strategy
  • 7 Methods of Asset Recovery Infographic
  • Excess Spare Parts Inventories: a Symptom or the Problem?

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