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Spare Parts Inventory Management Training

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Using Spare Parts Metrics to Tell a Story

May 16 Phillip Slater

Spare parts metrics

Subject Area: Spare Parts Metrics Everyone reading this will have no doubt heard the expression, “what gets measured, gets managed” – or something similar. The original quote is usually attributed to Peter Drucker’s 1954 book ‘The Practice of Management’. Perhaps more interesting is the somewhat lesser-known full quote:         What gets measured […]

Filed Under: Metrics and Reporting Tagged With: mro, spare parts inventory, spare parts management decisions

Spare Parts Inventory Training

May 2 Phillip Slater

Subject Area: Spare Parts Inventory Training Why is it, that despite the best efforts of management teams, most spare parts inventories remain bloated with excess, surplus, and obsolete items, while also not providing the level of service expected by the users? The simple answer is spare parts inventory training – or rather, a lack of, […]

Filed Under: Inventory Management

Inventory Optimization Solution

April 18 Phillip Slater

Subject Area: Inventory optimization solution When most people think about spare parts inventory optimization, they tend to think of expensive inventory optimization software that requires lots of training and produces ‘slice and dice’ reports. At least that’s my experience. The problem is that with spare parts inventory nobody really needs that level of ‘fire power’. […]

Filed Under: Inventory Management

Inventory Sharing Solution

April 4 Phillip Slater

Subject Area: Inventory Sharing Solution For those of you that manage spare parts inventory across multiple sites, how often have you had one site purchase a new spare when another site has an excess quantity of the same item on the shelf? What about experiencing extended downtime waiting on a spare to be delivered when, […]

Filed Under: Inventory Management

Excess and Obsolete Inventory Disposal

March 21 Phillip Slater

Subject Area: Excess and Obsolete Inventory Disposal How many companies can you name that have a well-defined system for disposing of excess and obsolete spare parts inventory? Not many I bet. The problem is that typical spare parts management systems are designed to get stuff into the storeroom, not remove the stuff no longer needed. […]

Filed Under: Inventory Management

Materials Data Management Solution

March 7 Phillip Slater

Subject area: Materials Data Management Solution When was the last time you checked how much of the data in your in-house spare parts catalog is incorrect? By incorrect I mean wrong or out of date description, part number, supplier details and so on. Recently I saw a report indicating that in the average catalog nearly […]

Filed Under: Inventory Management

Optimization Software Target Map

November 16 Phillip Slater

Subject Area: Optimization Software Target Map Optimization Software Target Map Our optimization software target map is designed to help you visually identify the strengths and weakness of different software choices. The map is divided into four quadrants. Each quadrant represents a different feature of optimization software programs. For each quadrant you use a three part […]

Filed Under: Inventory Optimization Tagged With: inventory optimization, mro, software, spare parts

Software demos are for you, not the vendor

October 26 Phillip Slater

Subject Area: Software demos Traps to Avoid: Lesson 6 Some companies make it very hard for you to get a software demo because they are afraid of wasting time with “tire kickers”. They want you to demonstrate to them that you are worth their time! However, if a company is hard to deal with before […]

Filed Under: Inventory Optimization Tagged With: inventory optimization, mro, software, spare parts

Developing Your Own Optimization Software

October 5 Phillip Slater

Subject Area: Developing Your Own Optimization Software Traps to Avoid: Lesson 5 Avoid the temptation of developing your own optimization software. Sometimes when companies can’t find the ‘perfect fit’ from a vendor they think that they should spend their time developing your own optimization software using MS Excel or something similar. Software development may look […]

Filed Under: Inventory Optimization Tagged With: inventory optimization, mro, software, spare parts

Instructor-led Online Training

October 4 Phillip Slater

Subject area: Instructor-led Online Training In addition to our online training we can also provide tailored online spare parts management training. This is an instructor-led spare parts management training service that will focus on your specific issues and concerns. Key points Pre-training session to discuss your specific needs Development of a tailored training program aimed […]

Filed Under: Inventory Management

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Latest Blog Posts

  • Using Spare Parts Metrics to Tell a Story
  • Spare Parts Inventory Training
  • Inventory Optimization Solution
  • Inventory Sharing Solution
  • Excess and Obsolete Inventory Disposal

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