Subject Area: Spare Parts Inventory Characteristics
Do you manage spare parts inventory?
Are you aware that spare parts inventory has specific characteristics that differentiate it from other inventory types?
This short video is an edited extract from a live webinar titled: What Every Senior Manager and CFO Must Know About Spare Parts Inventory
The key take away from the webinar is that spare parts are different from other inventory types.
The video explains the different types of inventory that need to be managed and addresses the specifics of spare parts inventory.
The video also explains why most supply chain theory is not applicable to spare parts management and why spare parts inventory is different.
These differences mean that you need to understand the characteristics of spare parts inventory and apply the right set of rules for the inventory that you are managing.
Run time: 2 minutes 30 seconds
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For information on spare parts inventory characteristics and our spare parts management online training please visit our Pro Level page.
Posted by: Phillip Slater