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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 access to this post, and all of our content, join

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

Defining Best Practice Spare Parts Management

August 24 Phillip Slater

What is the best approach for defining best practice for spare parts management? We use a Stages of Excellence tool. This tool defines four levels of practice across 25 different aspects of spare parts management. Phillip Slater explains in this short video. For access to this post, and all of

Filed Under: Video

Spare Parts Management Best Practice Video

August 10 Phillip Slater

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

Filed Under: Video

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

The Spare Parts Management Planning Horizon (video)

November 18 Phillip Slater

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 access to this post, and all of our content, join using the

Filed Under: Video

Identifying Critical Spare Parts (Video)

October 28 Phillip Slater

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

Filed Under: Video

Storeroom Management: The 3 As For Effective Management (Video)

October 14 Phillip Slater

For access to this post, and all of our content, join using the button below. If you are already registered then you need to log-in.     Storeroom management is one of the key functions associated with spare parts inventory. To be effective you need to pay attention to

Filed Under: Video

Last Time Buy and Spare Parts Management (Video)

September 30 Phillip Slater

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

Filed Under: Video

The Problem with Spare Parts Inventory Optimization (Video)

August 26 Phillip Slater

Do you know what the problem is 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 in this short video.

Filed Under: Video

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30 Days to Better Spare Parts Inventory Management

What does it take to transform your spare parts inventory management? Discover 8 strategies to achieve results you did not think were possible. Read more...

Online Boot Camp

This team training course applies a live, interactive format to teach participants the fundamentals of spare parts inventory management in 4 sessions. Read more...

Advanced Spare Parts Management Course

The Advanced Spare Parts Management Course covers all the issues faced during the spare parts inventory management lifecycle.
Read more...

Pro Level Membership

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.
Read more...

Connect with Experts

Let us introduce you to someone that can solve your spare parts problems.

Contact us for a confidential discussion and a possible introduction to one of our Trusted Network.
Read more...

Latest Blog Posts

  • Spare Parts Management Master Class
  • Work on your Spare Parts Management Process, Not the Results
  • Option to Upgrade to the Pro Membership
  • Are You Stuck in the Vicious Cycle of Capital Management?
  • Introducing the Spare Parts Training Academy

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