The problem is that people see spare parts inventory only as engineering components and so think that their inventory decisions are engineering decisions
Imagine walking into a storeroom or warehouse and finding the shelves stacked high with cash.
Ten thousand dollars on one shelf, two thousand on another. A storage bin filled with 10 dollar notes over there. Everything neatly labelled and catalogued.
Like a bank vault in a movie, except that everything is on display.
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Posted by: Phillip Slater