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Inventory Reduction: Why 30% is Easier to Achieve than 3%
[grwebform url=”https://app.getresponse.com/view_webform_v2.js?u=uY&webforms_id=14719202″ css=”on” center=”off” center_margin=”200″/] Here is something to think about: it is easier for companies to achieve a 30% inventory reduction than a 3% reduction. I know that this statement is counter-intuitive so you may be saying to yourself: How can that be, surely achieving a lower target is easier than achieving a higher […]
Achieving Accurate Inventory Records
[grwebform url=”https://app.getresponse.com/view_webform_v2.js?u=uY&webforms_id=14719202″ css=”on” center=”off” center_margin=”200″/] If you are on LinkedIn you may know that I am an active contributor to various forum discussions. A few days ago I made the comment on one such discussion on how to control inventory. My comment was: ‘Controlling inventory is simple – after all it (usually) doesn’t get up […]
Spare Parts Management eBook
Subject Area: Spare Parts Management eBook The Problem with Spare Parts Management at Large Companies Managing spare parts at a large company presents a unique set of challenges and problems. It is only by ensuring continuous and wide-spread access to information and training that is credible, reliable, and practical, that your company can […]
Stock Turn Definition
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A New, Simple ReOrder Point Calculator
One question that people ask me regularly is: how do we access a simple reorder point calculator for the ROP for spare parts when our data is inadequate or unreliable? Well, now we have a way to do just that! For access to this post, and all of our content, join using the button below. […]
The Spare Parts Repair or Replace Decision
[grwebform url=”https://app.getresponse.com/view_webform_v2.js?u=uY&webforms_id=14719202″ css=”on” center=”off” center_margin=”200″/] Recently I needed to make a spare parts repair or replace decision because I experienced something that might be familiar to some readers – an equipment breakdown! Last week I was mowing the lawn at the back of my house when my 15 year old lawn mower just gave up. […]
Definition of Just In Time (JIT)
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5 Common Techniques for Spare Parts Management That You Should NOT Use
In this recording of a public webinar Phillip Slater identifies 5 common techniques for spare parts management that you should not use. Phillip explains what they are and why they should not be used. For access to this post, and all of our content, join using the button below. If you are already registered then […]
Why Spare Parts are Different to Other Inventory Types
In October 2012 Phillip Slater was interviewed by Dustin Mattison for the Kinaxis Supply Chain Expert website. In this interview Phillip discusses why spare parts are different to other inventory types and what this means for those that manage spare parts inventory. For access to this post, and all of our content, join using the […]