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MRO Definition (Plus Materials, and Spare Parts)

October 15 spkhadmin

Here is a useful and practical MRO definition that identifies MRO separately from materials and spare parts. Often people refer in books, magazines, blogs, presentations and so on to MRO, materials, and spare parts; but what do these individual terms really mean? And does it really matter? This is the official SparePartsKnowHow.com MRO definition and a […]

Glossary

Who is Phillip Slater?

October 1 spkhadmin

That’s a fair question.  After all if you are going to join SparePartsKnowHow.com for online training and information then you want to know who Phillip Slater is and why this website will work for you. Let’s face it, there is plenty of material on inventory management out there on the Internet, some of it good […]

Glossary

Phillip Slater Wins National Logistics Leadership Award

September 28 spkhadmin

Leadership in Logistics Education Award In 2012 the Logistics Association of Australia announced Phillip Slater as that year’s winner of the Kim Rothwell Leadership in Logistics Education Award.  Phillip Slater is a spare parts management specialist, consultant, author, and Founder of SparePartsKnowHow.com.  Kim Rothwell, is a life member of the association and presented the award. […]

Online Training

MRP Definition

September 17 spkhadmin

Is the technique known as Materials Resource Planning misunderstood?   Well, in the world of materials and spare parts management for maintenance support I certainly think that it is.       Here is our MRP definition: Materials Resource Planning (MRP) is a management technique that is used to control the resources and activities required […]

Glossary

Why MRO and Spare Parts Inventory Management Is Different to Other Inventory

September 11 spkhadmin

Subject Area: MRO and Spare Parts Inventory The Root Cause of MRO and Spare Parts Inventory Management Problems   While each department blames another for this problem the real issue is that they haven’t recognized the root cause: MRO and spare parts inventories are fundamentally different to other inventory types. This means that many of […]

Inventory Management

Supply Chain Management Definition

September 4 spkhadmin

Spare Parts Warehouse

APICS, The Association for Operations Management uses the following Supply Chain Management definition: ‘design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand and measuring performance globally.’ That’s quite a mouthful and many people think supply chain management […]

Glossary

Spare Parts Inventory Definition

August 29 spkhadmin

Definition of Spare Parts Inventory The International Accounting Standards define inventory as follows. ‘Inventories’ are assets: (a) held for sale in the ordinary course of business; (b) in the process of production for such sale; or (c) in the form of materials or supplies to be consumed in the production process or in the rendering of services.   […]

Glossary

Excess Spare Parts Inventory: Deal With It

August 23 spkhadmin

One of the issues that arise with spare parts management in every industry is the management of excess inventory.  This is particularly so with engineering spares, used to provide operational support to maintenance and production.  With these spare parts there is often a high number of items that are used only infrequently but which may […]

Inventory Optimization

How Squirrel Stores Wreck Your Data

July 9 spkhadmin

Recently I wrote about the two major storeroom activities that prevent your issues data from accurately representing actual usage.  The first of these was the returns-to-store process and you will recall that, despite the impact on your data, if managed well this process can actually help you improve your reliability.  As indicated last time, today […]

Storeroom Management

How Returns to Store Improves Reliability

June 18 spkhadmin

Recently I was an attendee at a webinar on the interaction between maintenance reliability and the storeroom.  This was a free webinar that while free of cost was also free of content!  Unfortunately in this case what content was there was also downright misleading because one of their key points was the assertion that companies can […]

Storeroom Management

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