After they reach the decision to acquire a spare part often little thought goes into working through the best way to acquire that part. Here is a story about one company that decided to take a different path.
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Save $22,000 in Procurement by Removing One Artificial Constraint
One of the main short comings that I see in the approach to indirect materials and spare parts management procurement is that many people don’t think past the key decision as to whether to stock or not to stock an item.