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Frequently Asked Questions

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Phillip Slater will help you to...

Achieve your engineering materials and spare parts goals and get the right parts, in the right place, at the right time, for the right reason.

• Achieve true inventory optimization

• Materials and inventory risk management

• Develop materials and inventory management policies and procedures

• Access inventory management tools and techniques that work

• Practical materials, inventory, and stores management advice

• Program implementation and training    

"Phillip Slater is Australia’s leading authority on optimizing the inventory process."

Procurement Professional News

Quoting the Australian Production and Inventory Control Society

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The 5 Myths of Inventory Reduction

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Phillip has helped hundreds of people and companies achieve their goals and has been featured in:

• The Asset Management and Maintenance Journal

• Australian Financial Review

• The Bangkok Post

• Business Essentials 

• CEO Online

• Maintenance Journal

• My Business Magazine

• RAMS Asia

• Reliability Magazine

• Reliability Web

• Supply Chain Magazine

• Uptime Magazine

And at the following conferences and association meetings

• RCM

• IMC

• ICOMS

• WCEAMS

• apics

• MESA

How Can Phillip Help You?

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 Current Release Books and Products

Articles by Phillip Slater

Squirrel Stores & Why You Would Be Nuts To Keep Them

Breaking the locks was the only option.  It was 2am and Line 1 had stopped completely.  The good news was that we knew exactly what the problem was and how to fix it.  We also knew that the spare part we needed had been in the storeroom earlier in the day – I had seen it there myself.  The bad news was that it was no longer there and we didn’t know who had taken it or where they put it.  We were pretty sure that one of the dayshift crew had taken it and put it in his locker. Read more...

The Spares Stocking Policy

Companies these days are awash with policies.  They have environmental policies, safety policies, purchasing policies, contract management policies, audit policies, corporate policies, expense policies, travel policies, maintenance policies, some even have internet usage and blogging policies.  With all this corporate ‘red tape’ why would you need (or want) one more policy?  The answer to this question lies in the benefits you get in return.  Read more...

Why MRO Inventory Optimization Doesn't Optimize Part 1

So, you have finally got hold of that software you have been looking for. The boss has been on your back about inventory and wants your assurance on availability while also reducing the cash investment. You researched the market and decided on a program of inventory optimization. Optimization, surely that is what you need, after all optimization is the ultimate outcome, is it not? Optimization means that everything is working at maximum efficiency, right? Wrong. Read more...

When is Critical Really Critical?

Engineers will happily (well, not happily) review items that are not classified as critical but which actually are critical. Yet they will shy away from reviewing items that are officially defined as critical. In this case any review is, therefore, driven by the classification rather than the opportunity or cost benefit. Nobody would use this approach in reviewing any other capital investment. Read more...

More materials and spares management & inventory articles>>

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USA and Canada Free Call 800-581-7678

49 Vida Street, Aberfeldie Vic 3040 Australia

phone: +61 3 9331 3181 fax: +61 3 9331 3180