Spare Parts Know How

Spare Parts Inventory Management Training

  • Log-In
  • Online Training
    • Spare Parts Training Academy
      • Basic Training
      • Advanced Course
      • Team Boot Camp
    • Pro Level
    • 30 Day Program
  • Software and Services
    • Inventory Optimization Decision Support
    • Materials Data Management
    • Excess and Obsolete Spare Parts Disposal
  • Resources
    • Recommended Books
    • Resource Library
  • Contact
  • About
    • Clients
    • Testimonials
    • FAQs
    • Phillip Slater
  • RMIC Certification

Webinar: Procurement Outsourcing of Indirect Materials

June 10 Phillip Slater

procurement outsourcingDo 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.

To avoid this trap companies need to consider a different model for managing their MRO procurement.

This is the basis of a recent webinar covering procurement outsourcing of indirect materials and specifically addressing the various pros and cons.

The key take-aways are:

  • The key differences between indirect and direct procurement
  • The unique management cost profile of each type
  • The MRO procurement complexity trap
  • The pros and cons of procurement outsourcing
  • The results of a success story

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

To accompany the webinar we have created an associated white paper. This covers all the issues discussed and provides a handy reference.

The white paper is complimentary for our Pro Level.

Here is a link: Procurement Outsourcing of Indirect Materials white paper.
 
Please note that this content is only visible to our Pro Level Members.
 


For access to this post, and all of our content, join using the button below.
If you are already registered then you need to log-in.

Join any training course to unlock access to our blog archive

 


 
 
 
 
 
 

Filed Under: Spare Parts Alliance, Video Tagged With: mro, procurement

30 Day Program

Discover the 8 strategies to achieve your spare parts inventory management goals Read more...

Basic Training

Perfect entry level for people new to spare parts management.

Also suitable for those with experience who want to refresh or confirm their expertise. Read more...

Advanced Spare Parts Management Course

For those who need to go deeper and broader.

Ideal if your goal is to update your company’s approach and systems for spare parts management.
Read more...

Pro Level Membership

With access to all our key resources, a Pro Level membership will equip you with the know-how and skills to become a ‘thought leader’ in spare parts inventory management.
Read more...

Online Boot Camp

A live, online, interactive, team-based delivery of our Basic Training course designed to provide your team with a common understanding of the basics of spare parts inventory management. Read more...

Software and Services

At SparePartsKnowHow.com we can help with more than just spare parts management training.

We also have access to software and services that are developed to help with spare parts inventory management.
Read more...

Latest Blog Posts

  • Join Our Discovery Session
  • Will Artificial Intelligence End My Career?
  • Spare Parts Management Habits – Are They Limiting Your Results?
  • Spare Parts Management Master Class
  • Work on your Spare Parts Management Process, Not the Results
  • Email
  • LinkedIn
  • YouTube
Copyright © 2023 IPIAIGHT PTY LTD.