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 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 factors that drive Phillip's results:
1. A focus on people, know-how, policy and procedures. This sets you up for continued success not short-term 'slash-and-burn'.
2. Access to exclusive resources and online training at SparePartsKnowHow.com. This is the central plank for any spare parts inventory management initiative.
3. Application of the Inventory Cash Release (ICR®) Process. The ICR® process radically increases your options for identifying and implementing viable and lasting solutions.
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
Spare Parts Inventory Management & MRO Specialist
Phillip Slater is a Spare Parts Management and MRO Specialist. With nearly 30 years experience Phillip has had a career-long focus on improving business performance and has worked in a wide range of industries in 35 countries, including: Oil and Gas, Manufacturing, Mining, Pharmaceuticals, Paper, Smelting, Steel, Petrochemicals, Utilities, Parts Wholesaling, and Transport. Phillip has engineering and maintenance degrees from The University of New South Wales and Monash University and is the author of 8 books.
Since 2001 Phillip has advised:
· 435 companies
· in 35 countries
· with +1,200 storerooms
· holding $6.0 bn of inventory