Founder of SparePartsKnowHow.com
(Australia Only)
Identifying critical spare parts is one of the most essential yet often misunderstood aspects of spare parts inventory management.
Many companies attempt to define criticality, but their criteria are often too narrow to be useful, misaligned with actual needs, or determined reactively—only after a problem arises.
To effectively manage MRO and critical spare parts inventory, you need a holistic approach that considers the full lifecycle of spare parts, from procurement to obsolescence.
This intensive two-day workshop provides the knowledge and tools needed to implement a best-in-class approach to MRO and critical spare parts management.
Through expert instruction, interactive exercises, and a 45-page workbook, you’ll learn how to:
✅ Understand the unique challenges of spare parts management
✅ Make informed financial decisions related to spare parts inventory
✅ Use key metrics and reporting for better decision-making
✅ Develop effective policies and procedures
✅ Manage rotable and repairable spare parts
✅ Apply industry best practices for inventory control
✅ Determine what spare parts to stock
✅ Handle capital equipment and first-time buys
✅ Identify and manage critical spare parts effectively
✅ Set the Re-Order Point (ROP) and Re-Order Quantity (ROQ)
✅ Optimize inventory levels to balance cost and availability
✅ Address obsolescence, end-of-life planning, and last-time buys
This interactive workshop provides ample opportunities to ask questions and engage in hands-on learning, ensuring you leave with practical strategies that you can apply immediately.
Don’t miss this opportunity to gain expert insights from Phillip Slater, the leading specialist in spare parts inventory management!
Contact us to discuss your needs.
Please note: In person workshops must be held in Australia