University Certificate in Spare Parts Inventory Management We have now updated the information on the award of Continuing Education Units (CEUs) and Continuing Professional Development (CPD) hours. In addition to achieving a Kansas University Certificate, people who complete this program will be able to claim CEUs and, depending on which professional body you are a […]
University Certificate in Spare Parts Inventory Management
In 2018 the University of Kansas and Phillip Slater joined forces to create a University Certificate in Spare Parts Inventory Management. This ten-week online course was created to help participants develop the expertise, skills, policies, and systems to minimize their spare parts investment and maximize their spare parts availability. Based upon instructor Phillip Slater’s books, […]
Webinar: 8 Reasons Why Spare Parts Inventory Management is Different
This free webinar is presented in association with the University of Kansas. Here is the summary: Many conventions of spare parts inventory management are different from those of the usual supply chain and inventory management. The classic supply chain theory (and most training) is based on what can be called a “retail model,” the model […]
Best Practice for Spare Parts Management
Please Join Our Best Practice Webinar with Phillip Slater What constitutes best practice? How do you know if what you do, or are advised to do, will make you a leader in the field, or even make any difference at all? What are the few things that you should focus on to get the […]
How to Stop Wasting Time and Energy with Spare Parts Inventory Management Training
My Experience with Search-Engine-Based Self-Directed Training – And Why It Sucks Today I am going to let you in on a secret. OK, maybe not a secret but something that most people don’t know. A few months ago, I started taking piano lessons. Why piano? That’s a story for another day. What’s more important is: […]
The #1 Problem with Spare Parts Inventory Metrics
I am sure that you have heard the saying, ‘what gets measured, gets managed’. Essentially this tells us that people will focus on the things that are reported. This measurement should provide the feedback loop required to know if you are on track to reach your targets and whether any adjustments are helping or hindering. […]
The Unspoken Problem with Inventory Optimization
Inventory optimization is the most sought-after outcome from spare parts inventory projects. Nobody wants to spend more than they need to or have less stock than they need. That makes sense, after all inventory optimization means that you have the right balance of availability and expense. And that’s all great in theory. The real-world difficulty […]
Spare Parts Forecasting Webinar Now Available for Replay
A few months ago SparePartsKnowHow.com hosted a webinar titled, Intermittent Demand and Spare Parts: Why Forecasting Doesn’t Work… And What to Do About It. The webinar was a huge success with more people than expected signing up. Afterwards we received nothing but glowing comments from attendees about the insights on spare parts forecasting provided by […]
PASA Announces Phillip Slater to Chair Upcoming MRO Conference
Procurement and Supply Australasia (PASA) is pleased to announce that Phillip Slater, the Founder of SparePartsKnowHow.com will chair the upcoming MRO for Procurement Conference. The MRO conference will be held at the Stamford Plaza Hotel in Brisbane, Australia on 20th & 21st September 2018. This two-day special event will give companies the insight to gain […]
Creating Effective Spare Parts Stocking Policies
Over the years, my experience and research has indicated that companies that have effective spare parts stocking policies achieve better spare parts management outcomes than those that don’t. Sounds obvious, right? Well, here’s the problem. Almost every stocking policy that I see at client companies is ineffective. The flow on effect of this is that […]
