Experience >> Insight >> Results
Spare Parts Inventory Management
Spare parts inventory management is a specialist subset of logistics, supply chain and maintenance.
In order optimize your MRO and spare parts inventory (and prevent the accumulation of the wrong inventory) it is vital to understand that this inventory is different to other inventory types and that traditional supply chain solutions just don’t work. Find out why.
Without understanding what does work you may find that your company is trapped in a cycle of overstocked inventory and inappropriate reductions leading to poor availability. Sound familiar?
Phillip Slater Achieves Superior Results
Phillip Slater applies his deep expertise in spare parts inventory management to help asset intensive companies achieve significant savings in spare parts inventories and deliver superior operational and inventory management results. (Click here for testimonials) This is delivered through a combination of consulting, training, and access to the exclusive online resources at SparePartsKnowHow.com.
There are three key actions that drive spare parts inventory optimization success:
- Inventory Insight. Phillip identifies the strengths and weaknesses of your current approach to spare parts inventory management and then develops a ‘road map’ for success tailored for your company and circumstance. You can implement this yourself or continue working with Phillip.
- Inventory Optimization. This must involve training your team, showing them what to do, and then mentoring and coaching them in application. Phillip sets them up for continued success, not short-term ‘slash-and-burn’
- Inventory Prevention. The most effective way to ensure consistent inventory decision making and prevent the future accumulation of excess inventory is to provide guidelines and policies for decision making. This helps to ensure that your approach to decision making is consistent with corporate objectives.
Whether or not you already use software optimization tools or have previously worked through a program of spare parts inventory optimization engaging Phillip Slater will help you to achieve greater savings and sustainable results.
In fact the data is clear that Phillip Slater outperforms other resources by a factor of 3:1
For more detail see Phillip Slater’s CV