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    • Phillip Slater

Why Your Spare Parts Metrics Must Tell a Story

May 16 Phillip Slater

Spare parts metrics

Subject Area: Spare Parts Metrics Everyone reading this will have no doubt heard the expression, “what gets measured, gets managed” – or something similar. The original quote is usually attributed to Peter Drucker’s 1954 book ‘The Practice of Management’. Perhaps more interesting is the somewhat lesser-known full quote:         What gets measured […]

Filed Under: Metrics and Reporting

Spare Parts Inventory Team Training

May 2 Phillip Slater

Subject Area: Spare Parts Inventory Training Why is it, that despite the best efforts of management teams, most spare parts inventories remain bloated with excess, surplus, and obsolete items, while also not providing the level of service expected by the users? The simple answer is spare parts inventory training – or rather, a lack of, […]

Filed Under: Inventory Management

AI Generated Spare Parts Inventory Policy

May 1 Phillip Slater

The following content was generated using Perplexity AI and is posted here as an exhibit for the main article discussing AI and spare parts management. Click here to go to the main article. My query was, ‘write a spare parts inventory policy‘ Here’s is what was produced.       A spare parts inventory policy […]

Filed Under: Inventory Management

AI Generated Article on Spare Parts Management

May 1 Phillip Slater

The following content was generated using Perplexity AI and is posted here as an exhibit for the main article discussing AI and spare parts management. Click here to go to the main article. My query was, ‘Write 500 words on spare parts management‘ Here’s is what was produced.       Spare parts management is […]

Filed Under: Inventory Management

Inventory Optimization Solution

April 18 Phillip Slater

Subject Area: Inventory optimization solution When most people think about spare parts inventory optimization, they tend to think of expensive inventory optimization software that requires lots of training and produces ‘slice and dice’ reports. At least that’s my experience. The problem is that with spare parts inventory nobody really needs that level of ‘fire power’. […]

Filed Under: Inventory Management

Inventory Sharing Solution

April 4 Phillip Slater

Subject Area: Inventory Sharing Solution For those of you that manage spare parts inventory across multiple sites, how often have you had one site purchase a new spare when another site has an excess quantity of the same item on the shelf? What about experiencing extended downtime waiting on a spare to be delivered when, […]

Filed Under: Inventory Management

Excess and Obsolete Inventory Disposal

March 21 Phillip Slater

Subject Area: Excess and Obsolete Inventory Disposal How many companies can you name that have a well-defined system for disposing of excess and obsolete spare parts inventory? Not many I bet. The problem is that typical spare parts management systems are designed to get stuff into the storeroom, not remove the stuff no longer needed. […]

Filed Under: Comp, Inventory Management

Materials Data Management Solution

March 7 Phillip Slater

Subject area: Materials Data Management Solution When was the last time you checked how much of the data in your in-house spare parts catalog is incorrect? By incorrect I mean wrong or out of date description, part number, supplier details and so on. Recently I saw a report indicating that in the average catalog nearly […]

Filed Under: Comp, Inventory Management

Optimization Software Target Map

November 16 Phillip Slater

Subject Area: Optimization Software Target Map Optimization Software Target Map Our optimization software target map is designed to help you visually identify the strengths and weakness of different software choices. The map is divided into four quadrants. Each quadrant represents a different feature of optimization software programs. For each quadrant you use a three part […]

Filed Under: Inventory Optimization Tagged With: inventory optimization, mro, software, spare parts

Software demos are for you, not the vendor

October 26 Phillip Slater

Subject Area: Software demos Traps to Avoid: Lesson 6 Some companies make it very hard for you to get a software demo because they are afraid of wasting time with “tire kickers”. They want you to demonstrate to them that you are worth their time! However, if a company is hard to deal with before […]

Filed Under: Inventory Optimization Tagged With: inventory optimization, mro, software, spare parts

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