The book Spare Parts Inventory Management addresses the entire life cycle of spare parts inventory management – from establishing the system of management, through to deciding what to stock, the operations phase, and ultimately obsolescence and disposal.
In this short video Phillip Slater explains Part 2 of the book – Create and Stock. This is the critical part of the cycle where you decide what to stock and how many to stock.
For more information please visit http://www.phillipslater.com/spare-parts-inventory-management/
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