If you are serious about achieving lasting improvements in your spare parts inventory management outcomes, then you need to stop treating the symptoms and start treating the cause.
My name is Phillip Slater and I help asset-intensive organizations achieve major improvements in the spare parts inventory results.
By identifying the issues that prevent your progress (the cause) and showing your team how to overcome those barriers.
A major problem with spare parts inventory is that if you don’t do anything, the situation just gets worse. Inventory levels continue to build. You continue to have stock outs that impact operational performance. And obsolete inventory just grows and grows.
My work covers all these issues: excess inventory, poor availability, critical spares, slow moving and obsolete inventory, managing repairable items, and inventory accuracy.
No matter what your concern, this website will tell you who I am and how I can help.
If you would like a discussion on how to achieve your spare parts inventory management goals then please contact me, tell me who you are and what your problem is and, if appropriate, we can set up a call.
What is Wrong With the Traditional Approach?
For asset-intensive organizations the traditional approach to spare parts inventory management is flawed because they rely on retail and manufacturing inventory management techniques.
As a result their experience with spare parts inventory is that reduction and optimization efforts are either short-lived or stall completely.
This happens even when they have expensive ERP software and/or have purchased similarly expensive, so-called, optimization software.
The main reasons for this is that they have:
- Not identified the real issues that limit and constrain their progress
- Not trained their team in the specifics of spare parts management, which is different from regular inventory management
- Not modified their spare parts management policies to deliver sustainable results (or they don’t even have relevant policies!)
Lasting success requires that these issues be addressed.
How I Work
As a spare parts management specialist I help people in asset-intensive industries achieve significant and lasting results in spare parts inventory reduction.
On average, my programs achieve a 37% reduction in spare parts inventory.
What would this be worth in your organization?
I can help you achieve extraordinary results through a combination of my direct expertise, application of specialized diagnostic tools, training your team, working with them to develop strategies and management policies, and coaching them in the execution of an agreed plan.
I provide tailored programs that target your company’s issues and resolve your problems with spare parts inventory management:
- Structured Spare Parts Management Reviews
- Spare Parts Inventory Reduction & Optimization Programs
Why My Approach Works
My approach works for three reasons:
- Your team members learn new skills and take ownership of the actions.
- I am a spare parts management specialist – not a generic inventory consultant
- My solutions are systemic, actionable, timely and measured.
In my career I have helped companies in 35 countries apply the Inventory Cash Release® Process to achieve outstanding and lasting results in spare parts inventory management and optimization – reducing costs and increasing spare parts availability.
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Phillip developed the Spare Parts Inventory Management Certificate program at The University of Kansas.
Whether or not you already use software optimization tools, or have previously worked through a program of spare parts inventory optimization, engaging me to help you apply the Inventory Cash Release® Process will help you to achieve greater savings and sustainable results.
The data is clear: my engagement outperforms other resources by a factor of 3:1