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Spare Parts Inventory Management Training

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Why Your Inventory Management Software Gives You The Wrong Answer

October 23 spkhadmin

Many of my clients get quite frustrated with their inventory management software – especially the type of software that they use to calculate ‘optimal’ holding levels.  What they tell me is that they typically and frequently get from their software crazy numbers that just don’t make sense.  In fact, it seems that in most ERP […]

Inventory Optimization

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 MRO and spare parts inventory management is different so is it any wonder why you can’t seem to get your MRO and spare parts inventory consistently under control while other inventory types appear to be well managed? Are you challenged by the spare parts management dilemma? People from […]

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

For access to this post, and all of our content, join using the button below. If you are already registered then you need to log-in.           For information on our Pro Level membership please visit our Pro Level page.       Posted by: Phillip Slater  

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

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Latest Blog Posts

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  • Survivorship Bias in Spare Part Inventory Management: A False Sense of Security
  • Systems Over Goals: A Smarter Way to Manage Spare Parts Inventory
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