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Webinars and Events

Subject Area: Spare Parts Management Webinars

Spare Parts Management Webinars

This page contains links to recordings of webinars

 
To be notified for upcoming spare parts management webinars please register for our complimentary Basic Level access.

Click here to Register

 


How to Select the Right Inventory Optimization Software

 
One of the major issues that people face with spare parts inventory management is the need to optimize the inventory.

It is because, with this type of inventory, there are just so many different parts, so many different SKUs that you need to review and evaluate, the most effective way to do that across a large holding is to use software.

This means that companies face the daunting challenge of being able to choose the right software for them.

In this webinar on how to select the right inventory optimization software we explain the steps for selecting the right software, cover six traps tp avoid, and provide a ‘mapping template.

Watch here >>>

 


How to Recover Value From Surplus & Obsolete Inventory

 
Too often, organizations end up scrapping surplus and obsolete assets or even worse paying to have them removed.

However, these assets still have value, and each time you dispose of them you are throwing away valuable capital.

In this webinar on how to recover value from surplus & obsolete inventory, the team at NRI Industrial explain the proven methods of recovering value from surplus & obsolete industrial assets.

Watch here >>>

 


Spare Parts Inventory Webinar: 7 Things Every Senior Manager Must Know

 
For most asset-intensive companies, spare parts are not much thought about at all when in ample supply but become the number one focus for survival when not available.

Unfortunately, many companies still view spare parts management as a low-level operational task.

As a result, these companies:

  • Waste millions of dollars on inventory that they don’t really need.
  • Fail to get proper leverage from their IT investments – they spend up big on their ERP and then use excel as a work around.
  • Throw ‘good money after bad’ through spending on ad-hoc ‘thought bubble’ problem solving.
  • Let down their customers when they are unable to fulfil their product and service promise.

All of this is avoidable when managers, senior managers, VPs and CFOs start seeing spare parts as a core function that helps deliver on business strategy and supports profit achievement.

In this spare parts inventory webinar extract Phillip Slater, a global leader in spare parts management to share with you:

  • The 7 things that every executive and senior manager must know about spare parts management.
  • How not knowing this is costing your company through excess inventory and extended downtime.

Watch here >>>

 


Procurement Outsourcing of Indirect Materials

 
Do you know the characteristics that differentiate direct and indirect procurement?

Direct procurement is characterized by high volumes, regular purchases, and a small number of suppliers.

Indirect procurement, and MRO in particular, is characterized by low volumes, irregular purchases, a large number of different items, and a large number of suppliers.

These key differences mean that the cost of managing indirect procurement can be 4X the cost of direct procurement. As a result many companies fall into what I call the MRO complexity trap.

The webinar is presented by Phillip Slater, Founder of SparePartsKnowHow.com and Turgay Temur, Global Business Development for the V-LINE Group.

Watch here >>>

 


Mastering Spare Parts Management Meetings – Part 1

 
Mastering Spare Parts Management Meetings is a two-part video series developed from a presentation and interview with Joel Levitt.

It is a fact of life that spare parts management meetings are required for both planning and decision-making.

Why are meetings so important?

Without meetings and the communication and agreement they can engender, no (big) action can take place.

The problem is that with few exceptions, most people who run spare parts management meetings have had no training, no study and no coaching to run meetings. This means that many meetings are ineffective and inefficient. They take too long and produce no results.

To help fix this, we asked Joel Levitt to share his lessons on mastering meetings.

Watch Part 1 here >>>

 


Mastering Spare Parts Management Meetings – Part 2

 
Part 2 is a conversation with Joel where he answers all our questions about meetings and provides direction on how to get a great return on your time in all future meetings.

Watch Part 2 here >>>

 


 
 
To be notified for upcoming spare parts management webinars please register for our complimentary Basic Level access.

Click here to Register

 

Register for FREE Base Level Access

Alliance Members

Right Sized Inventory uses patented inventory-optimization predictive analytics technology to analyze your supply chain and establish best target inventory levels. Read more... NRI Industrial specializes in the management, marketing and sales of surplus industrial assets. They provide solutions to recover value from overstock, surplus and obsolete inventory. Read more... NRI Industrial The Reliability & Maintenance Center at the University of Tennessee, Knoxville, provides comprehensive programs of education in reliability and maintenance practice. Read more... RMC Phillip Slater, Founder of SparePartsKnowHow.com, spare parts inventory management specialist, consultant, guide, and mentor. Read more... Phillip Slater SparePartsKnowHow.com: The most comprehensive online resource dedicated to spare parts inventory management. Visit the  Welcome page to read more >>> spare parts alliance

Latest Blog Posts

  • The Right Optimization Software is One That is Actually Applied
  • Optimization Software Must Be Trusted by the Whole Team
  • Optimization Software Selection is Not Trivial
  • Transforming Spare Parts Operations Requires C Level Engagement
  • Our Thoughts on True Optimization™

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