The effective and efficient management of spare parts inventory relies on the input from people from a whole range of different functions from within the organization.
Working together is essential for spare parts management success.
Phillip explains in this short video.
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Working Together for Spare Parts Management Success
Video Transcript
Hi, my name is Phillip Slater and for the next couple of minutes I’d just like to give you something to think about.
The effective and efficient management of spare parts inventory relies on the input from people from a whole range of different functions from within the organization.
So if I am thinking about spare parts that are used to support operational activities, so to support your plant and equipment and keep it going, then you need to have the input of people from maintenance, most probably engineering, perhaps even operations.
You are going to need the input from people from the storeroom function and logistics. You are going to need input from purchasing and procurement. And of course there will always be input from finance.
The problem is that each of these functions can look at the issue of spare parts management and have a completely different perspective.
Of course, maintenance want as many spares available as quickly as possible because they’ve got to get the plant running again, they’ve got to get their PMs done, and so forth.
Purchasing and procurement, well they are working hard to make sure they get the best deal in buying spares for the company. Of course storeroom are the people who are just in the middle of this getting yelled at everybody. And finance will be setting limits on how much can be spent.
But what if, just think, what if each of these functions could understand the perspective of the others?
You see, typically each of these functions sees their part of the picture. But what if they could see the whole picture?
What if they could understand the perspective of the others and the constraints within which they need to work?
What if we could understand what’s required as a group to bring about effective and efficient spare parts inventory management?
Well it is possible but you need to work at it.
So something to think about today is how can you get your teams to work together, with a common goal, understanding all of the constraints, in order to improve your spare parts inventory management.
That’s something to think about.
My name is Phillip Slater.