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    • Phillip Slater

The High Cost of Free Parts (Video)

August 12 Phillip Slater

Does your company buy spare parts as part of new capital equipment purchases? Are these then treated as ‘free spare parts’ when used by your team?. There are some very real consequences from how we treat those so-called ‘free’ parts. It’s just that sometimes they’re not so obvious to us. Phillip Slater explains. For access […]

Filed Under: Inventory Management, Video

Four Ways That Spare Parts Management Silos Prevent Performance

August 7 spkhadmin

Does your company operate with clear management silos? Do you understand how this requires special management attention in order be successful? Your spare parts management silos will have a big impact on your overall performance. For access to this post, and all of our content, join using the button below. If you are already registered […]

Filed Under: Inventory Management

Getting Approval for Spare Parts Management Training – An Email for Your Boss

August 1 Phillip Slater

Do you need your boss to agree for you to get spare parts management training approval? Are you looking for a way to win their support? To help we have provided here a template of an email for your boss.       Just cut and paste this note below and then modify the content […]

Filed Under: Online Training

Mastering Spare Parts Management Meetings – Part 2

July 29 Phillip Slater

Mastering Spare Parts Management Meetings is a two-part video series developed from a presentation and interview with Joel Levitt. Introduction It is a fact of life that spare parts management meetings are required for both planning and decision-making. Why are spare parts management meetings so important? Without meetings and the communication and agreement they can […]

Filed Under: Continuous Improvement, Video

Mastering Spare Parts Management Meetings – Part 1

July 29 Phillip Slater

Mastering Spare Parts Management Meetings is a two-part video series developed from a presentation and interview with Joel Levitt. Introduction It is a fact of life that spare parts management meetings are required for both planning and decision-making. Why are meetings so important? Without meetings and the communication and agreement they can engender, no (big) […]

Filed Under: Continuous Improvement, Video

Forecasting Spare Parts Requirements (Video)

July 22 Phillip Slater

Is the forecasting of spare parts requirements hard, especially intermittent parts? Is your demand for parts based on random failure? These issues lead to forecasts that don’t achieve their goal. Having the past you need, when you need them. In this short video Phillip Slater explains what works – and what doesn’t! For access to […]

Filed Under: Inventory Management, Video

Working Capital Decision-Making (Video)

July 9 spkhadmin

Does your company spend money (working capital) on spare parts inventory that you don’t actually need? Do you end up holding them for a long time before deciding to remove those parts and incur the cost of the obsolescence? Perhaps a better idea would be to not buy those parts in the first place. This […]

Filed Under: Inventory Management, Video

Spare Parts Management: Who Owns the Problem?

July 4 spkhadmin

This post, Who Owns the Problem, is from our first ever newsletter. Published in February 2007. It is re-posted in celebration of our 250th edition. Inventory Reduction Identified Recently I worked with an organization to help identify opportunities relating to their indirect inventory. Specific details about the company aren’t important but I can tell you […]

Filed Under: Implementation

Multi-Echelon Inventory Management Definition

June 26 spkhadmin

A multi-echelon inventory management system occurs when multiple storerooms are part of a spare parts inventory management and supply system. For example, where a company on a large site has a central storeroom and then one or more satellite storerooms that are located closer to the operational activity. Another example: When a company has a […]

Filed Under: Glossary

Satellite Stores Definition

June 26 spkhadmin

A Satellite Storeroom is a small storage area that is separate from the main or central storeroom. What differentiates satellite stores from squirrel stores is that a satellite storeroom is an official storage location where the items located there are subject to the record keeping and management controls set out by the main storeroom. This […]

Filed Under: Glossary

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