Subject Area: Insurance Spare Parts If you ran your spare parts warehouse using the retail model you would quickly find yourself with major shortages and extended downtime. Continuing this series on 7 Things That Every Senior Manager and CFO Should Know About Spare Parts Management this post addresses Part 2: You Will Need to Hold […]
Spare Parts Management: 7 Things That Every Senior Manager and CFO Should Know – Part 1
For most asset-intensive companies, spare parts are like the air that we breathe. Not thought about at all when in ample supply but the number one focus for survival when not available. Spare Parts Inventory – The Forgotten Investment A little over ten years ago I coined the phrase, ‘the forgotten investment’ as a description […]
Spare Parts Inventory Management – Part 4
Subject Area: Spare Parts Inventory Management – Part 4 The book Spare Parts Inventory Management addresses the entire life cycle of spare parts inventory management – from establishing the system of management through to deciding what to stock, the operations phase, and ultimately obsolescence and disposal. In this short video Phillip Slater explains Part 4 […]
Spare Parts Inventory Management – Part 3
Subject Area: Spare Parts Inventory Management – Part 3 The book Spare Parts Inventory Management addresses the entire life cycle of spare parts inventory management – from establishing the system of management through to deciding what to stock, the operations phase, and ultimately obsolescence and disposal. In this short video Phillip Slater explains Part 3 […]
Spare Parts Inventory Management – Part 2
Subject Area: Spare Parts Inventory Management – Part 2 The book Spare Parts Inventory Management addresses the entire life cycle of spare parts inventory management – from establishing the system of management, through to deciding what to stock, the operations phase, and ultimately obsolescence and disposal. In this short video Phillip Slater explains Part 2 […]
Spare Parts Inventory Management – Part 1
Subject Area: Spare Parts Inventory Management – Part 1 The book Spare Parts Inventory Management addresses the entire life cycle of spare parts inventory management – from establishing the system of management through to deciding what to stock, the operations phase and ultimately obsolescence and disposal. In this short video Phillip Slater explains Part 1 […]
Spare Parts Inventory Management – Structure of The Book
Subject Area: Spare Parts Inventory Management – Structure of The Book The book Spare Parts Inventory Management addresses the entire life cycle of spare parts inventory management – from establishing the system of management through to deciding what to stock, the operations phase and ultimately obsolescence and disposal. In this short video Phillip Slater explains […]
Spare Parts Inventory Management – The Book: Interview with Phillip Slater
This text is a transcript of an interview by Carmela Mayson of Industrial Press. Carmela: Phillip Slater has been described as “truly one of the leaders in the MRO information segment” and “the global spare parts guru.” Today we talk with the author and business improvement expert about his latest book Spare Parts Inventory Management: […]
Sparesology Definition
Sparesology ® is a term coined as a shortcut for the discipline of optimizing the physical, financial, process, and human resource management of spare parts. Sparesology is more than just inventory optimization Sparesology requires an understanding of the complete ecosystem within which spare parts are managed, and it seeks to ensure that all factors influencing […]
Spare Parts Inventory Management Acronyms and Abbreviations
Acronym Explainer What happens when one person uses spare parts inventory management acronyms and abbreviations and another person either doesn’t know what is meant, or worse they think that it means something different? Expensive mistakes and wasted time. Not to mention the potential embarrassment! To help you navigate this confusing minefield we have created a […]