Subject Area: Qualitative Spare Parts Management Improvements Everybody loves hard data. We measure and report all sorts of things: sales, costs, profit, loss, headcounts, inventory values, production volumes, expenses, vacation time, sick leave, stock turns, purchase volumes, operating effectiveness, debtors, creditors, weeks of stock on hand, asset values, revenue, equity, cash on hand, plant utilization, […]
There is No Substitute for Research
[grwebform url=”https://app.getresponse.com/view_webform_v2.js?u=uY&webforms_id=14719202″ css=”on” center=”off” center_margin=”200″/] How do you validate what you hear or read in relation to products, services, and information? When trying to research information, if you are anything like me you go straight to Google.The online world provides us with a fantastic resource.But how do you know if what you see online is […]
Continuous Improvement Interview
[grwebform url=”https://app.getresponse.com/view_webform_v2.js?u=uY&webforms_id=14719202″ css=”on” center=”off” center_margin=”200″/] In an interview with Business Essentials Phillip Slater describes how many companies can use continuous improvement techniques to find the hidden profit within their business. — The content below this line is only visible to logged-in members —
Are you prepared to go live?
[grwebform url=”https://app.getresponse.com/view_webform_v2.js?u=uY&webforms_id=14719202″ css=”on” center=”off” center_margin=”200″/] A couple of weeks ago I ran a workshop on spare parts management for reliability and maintenance personnel. The attendees were a mix of tradesmen, engineers, and managers, covering both mechanical and electrical disciplines, from a large paper mill. If you have ever worked in the area of maintenance you […]
Spare Parts Criticality
How do you determine spare parts criticality? Most companies don’t really understand criticality and see it as a single dimension issue. But that is just not right. For access to this post, and all of our content, join using the button below. If you are already registered then you need […]
The Flip Side of Accountability
[grwebform url=”https://app.getresponse.com/view_webform_v2.js?u=uY&webforms_id=14719202″ css=”on” center=”off” center_margin=”200″/] Establishing appropriate accountability is one of the key actions required for achieving lasting success in any management activity. This is especially the case in activities aimed at creating lasting change in the way things are done – like in an inventory optimization project. To achieve lasting and sustainable inventory optimization […]
Inventory Optimization – What’s In It For Me?
If you have ever read a book on selling or marketing, you will know that one of the key tenants of those disciplines is to describe the major benefits for the buyer. From the buyer’s perspective this is literally translated into ‘what’s in it for me?’. Similarly, ask any consultant involved in ‘change management’ about […]
The James Bond Approach to Inventory Optimization
[grwebform url=”https://app.getresponse.com/view_webform_v2.js?u=uY&webforms_id=14719202″ css=”on” center=”off” center_margin=”200″/] OK, I admit it, I am a James Bond fan. You know James Bond, British Secret Service, 007, license to kill, and all that. How much of a fan am I? Well I have all 25 movies on DVD! Recently it occurred to me that what we need to do […]
Inventory Statistics Aren’t Analysis
For complimentary access to this article and our entire blog archive, register using the button below. We will also keep you up-to-date on new content and courses. If you are already registered then you need to log-in. You might also be interested in this article: 5 Myths of Inventory Reduction […]
How to Manage Rotable and Repairable Spare Parts
The management of rotable items and repairable spare parts is different to the management of other inventory items and proper control requires greater cooperation between maintenance and stores/inventory management. For access to this article, and all of our content, join using the button below. If you are already registered then you need to log-in. […]