Subject Area: Slow Moving Spare Parts Inventory Concerned about the number of slowing moving items in your spare parts inventory? Concerned that these are a sign of wasted money and poor inventory management? The reality is that with spare parts inventory you will need to hold items that will not move. This is a necessary […]
MRO and Critical Spare Parts Optimization 2021
Two-day Workshop Tuesday 23 – Wednesday 24 March 2021 Online Event – AEST Timezone Presented by Phillip Slater Subject Area: MRO and Critical Spare Parts Optimization In this interactive online workshop you will learn the unique issues relating to managing critical spare parts. The workshop will cover everything that you need to know to […]
Inventory Management Training: Most of What You Learned Does Not Apply to Spare Parts
Subject Area: Inventory Management Training Have you, at some time, participated in inventory management training? Maybe at a conference, seminar, or a formal course? Have you noticed that applying inventory management training theory and techniques hasn’t helped you get the results you need with your spare parts inventory? This video explains that most of what […]
Surplus and Obsolete Inventory | Asset Recovery Tips
Subject Area: Surplus and Obsolete Inventory This is great article from Michele Lester and Steve Stipanovich from NRI Industrial. Recently, NRI Industrial presented an in-depth webinar titled, “How to Recover Value from Surplus and Obsolete Inventory”. In conjunction with that presentation NRI Industrial produced an article covering all the key topic points. In the webinar […]
Spare Parts Inventory Costs are Avoidable
Subject Area: Spare Parts Inventory Costs Concerned about the amount of money tied up in your spare parts inventory? Worried that there is no other way to manage this inventory type? Failure to understand the ‘rules’ around spare parts inventory leads to waste in spare parts inventory costs that are avoidable. If you know how. […]
Asset Recovery Methods: 7 Different Methods for Surplus Industrial Assets
Subject Area: Asset Recovery Methods Are you looking to remove surplus items from your inventory? Do you understand the asset recovery methods that will deliver you the maximum value for your surplus spare parts? Investment in MRO and spare parts items goes beyond just the purchase price tag. With the high cost of warehouse space […]
Spare Parts Inventory Characteristics
Subject Area: Spare Parts Inventory Characteristics Do you manage spare parts inventory? Are you aware that spare parts inventory has specific characteristics that differentiate it from other inventory types? This short video is an edited extract from a live webinar titled: What Every Senior Manager and CFO Must Know About Spare Parts Inventory […]
Managing Surplus Industrial Spare Parts | Who Is NRI Industrial?
Subject Area: Surplus Industrial Spare Parts Do you have surplus industrial spare parts? Are you daunted by the task of getting maximum value from removing those parts? Then read on to learn about NRI Industrial. NRI Industrial is an industry leader in corporate asset recovery. Their solutions allow businesses to recover capital from used and […]
The MRO Procurement Complexity Trap
Subject Area: MRO Procurement Complexity Do you wonder why MRO is such a hard category for procurement management? Do you find that your company constantly goes through cycles of adding and reducing MRO procurement resources? When companies manage indirect and MRO procurement in the same way that they manage direct procurement they run the risk […]
Webinar: How to Recover Value From Surplus Obsolete Inventory
Subject Area: Recover Value From Surplus Obsolete Inventory NRI Industrial, a member of our Spare Parts Alliance, recently presented a not-to-be-missed webinar titled: How to Recover Value From Surplus & Obsolete Inventory Here is the summary What is the one thing almost every organization has in common? The answer: surplus and obsolete inventory. You may […]