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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

Business and Spare Parts Management Strategy

January 11 Phillip Slater

Subject Area: Business and Spare Parts Management Strategy Concerned about the amount of money tied up in your spare parts inventory? Unsure about how your spare parts management fits into achieving your business strategy? The reality is that spare parts management is fundamental to achieving your business strategy. This is

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

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

Slow Moving Spare Parts Inventory: You Will Need to Hold Items That Will Not Move

December 14 Phillip Slater

Subject Area: Slow Moving Spare Parts Inventory Concerned about the number of slowing moving items in your spare parts inventory? Concerned that these are a sign of wasted money and poor inventory management? The reality is that with spare parts inventory you will need to hold items that will not

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

MRO and Critical Spare Parts Optimisation 2021

December 9 Phillip Slater

Two-day Workshop Tuesday 23 – Wednesday 24 March 2021 Melbourne, Australia Presented by Phillip Slater   Subject Area: MRO and Critical Spare Parts Optimisation In this interactive workshop you will learn the unique issues relating to managing critical spare parts. The workshop will cover everything that you need to know

Filed Under: Uncategorised Tagged With: inventory optimization, mro, spare parts inventory, workshop

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

Spare Parts Inventory Costs are Avoidable

November 23 Phillip Slater

Subject Area: Spare Parts Inventory Costs Concerned about the amount of money tied up in your spare parts inventory? Worried that there is no other way to manage this inventory type? Failure to understand the ‘rules’ around spare parts inventory leads to waste in spare parts inventory costs that are

Filed Under: Video Tagged With: mro, 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

Spare Parts Inventory Characteristics

November 9 Phillip Slater

Spare Parts Inventory Characteristics

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

Filed Under: Inventory Management, Video Tagged With: inventory optimization, mro, spare parts inventory, video

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Recommended Software and Services


Inventory Optimization Software


Right Sized Inventory uses patented inventory-optimization predictive analytics technology to analyze your supply chain and establish best target inventory levels. Read more...

Asset Recovery


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

Reliability and Maintenance Education


The Reliability & Maintenance Center at the University of Tennessee, Knoxville, provides comprehensive programs of education in reliability and maintenance practice. Read more... RMC

Spare Parts Management Consulting


Phillip Slater, Founder of SparePartsKnowHow.com, spare parts inventory management specialist, consultant, guide, and mentor. Read more... Phillip Slater  

Online Resources, Training, and Support


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

  • Spare Parts Management Decisions: Your Business Profit Relies on Them
  • How to Select the Right Inventory Optimization Software
  • Business and Spare Parts Management Strategy
  • 7 Methods of Asset Recovery Infographic
  • Excess Spare Parts Inventories: a Symptom or the Problem?

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