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 […]
The True Cost of Managing Indirect Procurement
Do you know the true cost of managing indirect procurement vs. the cost of managing direct materials procurement? In this short video from the Something to Think About series, Phillip Slater explains the true cost of managing indirect procurement. For complimentary access to this video and our entire Basic Level content, register using the button […]
Spare Parts Management Guides and Infographics
This page provides links to the most popular complimentary spare parts management guides and downloads at SparePartsKnowHow.com. Infographic: 7 Methods of Asset Recovery This infographic, titled 7 Methods of Asset Recovery, identifies 7 methods of asset recovery, and the benefits and challenges with each. Not all methods are equal. Some require specific industry […]
Spare Parts Inventory Optimization Software: Selection Guide
Subject Area: Spare Parts Inventory Optimization Software So, you’ve decided that you’ve had enough of the excess inventory, too many stock outs, and poor inventory service levels and want to purchase inventory optimization software to help optimize your holding levels. Great! No doubt by now you have done an online search, asked your colleagues for […]
Spare Parts Inventory Webinar: 7 Things Every Senior Manager Must Know
For most asset-intensive companies, spare parts are not much thought about at all when in ample supply but become the number one focus for survival when not available. Unfortunately, many companies still view spare parts management as a low-level operational task. As a result, these companies: Waste millions of dollars on inventory that they don’t […]
SparePartsKnowHow –> More content. More time. Less cost.
As I am sure that you know, the pathway for continuous improvement in any field is paved with feedback. At SparePartsKnowHow we have been listening to feedback and here is what we have heard: You are frustrated by time limits for access You find that the content you need always seems to […]