Spare Parts Know How

Better Spare Parts Inventory Management Starts Here

  • Log-In
  • Contact
  • Resources
    • Spare Parts Management Resource Library
    • Online Training Support
    • Policy Templates
    • ROP Calculator
    • Vendor Directory
    • Webinars and Events
    • Reports & Books
    • Glossary
  • Online Training
    • How to Join
    • Elite Teams
    • Pro Level
    • Base Level
    • Reliability Certification
  • Consulting & Coaching
  • Blog
  • About
    • Clients
    • Testimonials
    • FAQs
    • Phillip Slater
  • Software & Services
  • Spare Parts Marketplace
  • Complimentary Guides
  • Online Forum

Transforming Spare Parts Operations Requires C Level Engagement

February 2 Phillip Slater

Subject Area: Transforming Spare Parts Operations Concerned about the amount of money tied up in your spare parts inventory? Worried that your current approach to transforming spare parts operations doesn’t generate the results you want? Failure to understand the ‘rules’ around spare parts inventory leads to waste in spare parts

Filed Under: Video Tagged With: excess inventory, inventory optimization, inventory reduction, mro, spare parts inventory

37% of Money Spent on Spare Parts Is Wasted

January 25 Phillip Slater

Subject Area: Money Spent on Spare Parts Are you concerned about the amount of money tied up in your spare parts inventory? Would you be surprised to learn that 37% of the money spent on spare parts is wasted? This is true. How do we know this? Years of experience

Filed Under: Video Tagged With: excess inventory, inventory optimization, inventory reduction, mro, spare parts inventory

Spare Parts Management Decisions: Your Business Profit Relies on Them

January 18 Phillip Slater

Subject Area: Spare Parts Management Decisions Do you fully understand the connection between your business’ profit and your spare parts management decisions? How does a decision on spare parts holdings and management flow through to your corporate profit? The reality is that your business profit relies on the day-to-day spare

Filed Under: Video Tagged With: excess inventory, mro, spare parts inventory, spare parts management decisions

7 Methods of Asset Recovery Infographic

January 4 Phillip Slater

Not All Methods of Asset Recovery Are Equal Are you looking to maximize your return from obsolete or surplus assets? Do you know how many different options there are, when and how they should be used? The real problem here is that not all methods are equal. Some require specific

Filed Under: Spare Parts Alliance Tagged With: asset recovery, excess inventory, mro, NRI, obsolete, spare parts inventory

Excess Spare Parts Inventories: a Symptom or the Problem?

December 21 Phillip Slater

Subject Area: Excess Spare Parts Inventories Concerned about the excess spare parts inventories that your company has? Do you think that this is the problem that needs to be solved? The reality is that excess inventory is a symptom, not the problem. The ‘problem’ is something else in your spare

Filed Under: Video Tagged With: excess inventory, inventory optimization, mro, spare parts inventory

Surplus and Obsolete Inventory | Asset Recovery Tips

November 30 Phillip Slater

Subject Area: Surplus and Obsolete Inventory This is great article from Michele Lester and Steve Stipanovich from NRI Industrial. Recently, NRI Industrial presented an in-depth webinar titled, “How to Recover Value from Surplus and Obsolete Inventory”. In conjunction with that presentation NRI Industrial produced an article covering all the key

Filed Under: Spare Parts Alliance Tagged With: asset recovery, excess inventory, inventory optimization, mro, NRI, obsolete, spare parts inventory

Asset Recovery Methods: 7 Different Methods for Surplus Industrial Assets

November 16 Phillip Slater

Subject Area: Asset Recovery Methods Are you looking to remove surplus items from your inventory? Do you understand the asset recovery methods that will deliver you the maximum value for your surplus spare parts? Investment in MRO and spare parts items goes beyond just the purchase price tag. With the

Filed Under: Spare Parts Alliance Tagged With: asset recovery, excess inventory, mro, NRI, spare parts inventory, video

Managing Surplus Industrial Spare Parts | Who Is NRI Industrial?

October 26 Phillip Slater

Subject Area: Surplus Industrial Spare Parts Do you have surplus industrial spare parts? Are you daunted by the task of getting maximum value from removing those parts? Then read on to learn about NRI Industrial. NRI Industrial is an industry leader in corporate asset recovery. Their solutions allow businesses to

Filed Under: Spare Parts Alliance Tagged With: asset recovery, excess inventory, mro, NRI, video

Webinar: How to Recover Value From Surplus Obsolete Inventory

October 12 Phillip Slater

Subject Area: Recover Value From Surplus Obsolete Inventory NRI Industrial, a member of our Spare Parts Alliance, recently presented a not-to-be-missed webinar titled: How to Recover Value From Surplus & Obsolete Inventory Here is the summary What is the one thing almost every organization has in common? The answer:

Filed Under: Spare Parts Alliance Tagged With: asset recovery, excess inventory, NRI

5 Ways To Improve Your Excess and Obsolete Parts Management

July 27 Phillip Slater

Subject Area: Excess and Obsolete Parts Management One thing that almost every organization, regardless of their industry, has in common is the existence of surplus MRO & spare parts. This is also the least addressed aspect of spare parts inventory management. The book Spare Parts Inventory Management describes the problem

Filed Under: Spare Parts Alliance Tagged With: asset recovery, excess inventory, NRI

Next Page »
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

  • Optimization Software Selection is Not Trivial
  • Transforming Spare Parts Operations Requires C Level Engagement
  • Our Thoughts on True Optimization™
  • 37% of Money Spent on Spare Parts Is Wasted
  • Spare Parts Management Decisions: Your Business Profit Relies on Them

User Login

You are not currently logged in.








» Lost your Password?
  • Email
  • LinkedIn
  • Twitter
  • YouTube
Copyright © 2021 IPIAIGHT PTY LTD.