What happens when one person uses spare parts inventory management acronyms and abbreviations and another person either doesn’t know what is meant, or worse they think that it means something different?
Expensive mistakes and wasted time. Not to mention the potential embarrassment!
To help you navigate this confusing minefield we have created a one page ‘Acronym Explainer’ listing 62 of the most common spare parts inventory management acronyms and abbreviations and their meaning.
You can download this explainer, share with your colleagues, pin it up near your desk, and avoid the confusion.
This explainer is provided as part of our Pro Level membership.
For information on our Pro Level membership please visit our Pro Level page.
Posted by: Phillip Slater