Phillip Slater

Spare Parts Inventory Management Specialist

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Inventory Optimization, Consulting and Training Results

inventory optimization
 


Inventory Optimization


 
54% Inventory ReductionIndustry: Manufacturing
Location: Mexico
Result: 54% inventory reduction achieved in 6 months.
 
 


 
51% Inventory ReductionIndustry: Oil & Gas
Location: USA
Result: 51% inventory reduction identified and being implemented
 
 


 
51% Inventory ReductionIndustry: Manufacturing
Location: Mexico
Result: 51% inventory reduction achieved in 6 months
 
 


 
49% Inventory ReductionIndustry: Steel Making
Location: Australia
Result: 49% inventory reduction over 3-4 years
 
 
 


 
44% Inventory ReductionIndustry: Oil & Gas
Location: USA
Result: 44% inventory reduction identified and now being implemented
 
 
 


 
40% Inventory ReductionIndustry: Manufacturing
Location: Australia
Result: 40% inventory reduction over 2-3 years
 
 
 


 
37% Inventory ReductionIndustry: Manufacturing
Location: Bangladesh
Result: 37% inventory reduction achieved in 6 months
 
 
 


 
36% Inventory ReductionIndustry: Wholesale Spare Parts Supply
Location: Australia
Result: 36% inventory reduction and $24M cash flow benefit over 14 months
 
 
 


 
33% Inventory ReductionIndustry: Rolling Mill
Location: Australia
Result: 33% inventory reduction over 2 years
 
 
 


 
25% Inventory ReductionIndustry: Pulp & Paper Mill
Location: Australia
Result: 25% inventory reduction over 2-3 years
 
 
 


 
24% Inventory ReductionIndustry: Manufacturing
Location: Turkey
Result: 24% inventory reduction achieved in 6 months, a further 12% expected over the next 12 months
 
 


 
23% Inventory ReductionIndustry: Oil & Gas
Location: India
Result: 23% inventory reduction over 2-3 years
 
 
 


 
22% Inventory ReductionIndustry: Manufacturing
Location: China
Result: 22% inventory reduction achieved in 6 months a further 15% to be delivered in the next
 
 
 


 
21% Inventory ReductionIndustry: Manufacturing
Location: New Zealand
Result: 21% inventory reduction over 2-3 years
 
 
 


 
19% Inventory ReductionIndustry: Oil & Gas
Location: Malaysia
Result: 19% inventory reduction over 2-3 years
 
 
 


 
17% Inventory ReductionIndustry: Pulp & Paper Mill
Location: New Zealand
Result: 17% inventory reduction over 2-3 years
 
 
 


 
16% Inventory ReductionIndustry: Oil & Gas
Location: Indonesia
Result: 16% inventory reduction over 2-3 years
 
 
 


Industry: Government Authority
Location: USA
Result: Inventory reductions enabled the closure of outside storage, saving $625k over 5 years.
 


 
Industry: Power Generation
Location: Australia
Result: 52% of opportunities (by value) resulted from improvements in spare parts planning. Without using the ICR this company would have missed more than half of the full opportunity identified!.
 


Consulting


 
Inventory OverstockingIndustry: Petrochemicals
Location: Australia
Result: Identified process improvements to reduce overstocking equal to 15% of inventory value.
 
 


 
Inventory Management ProfileIndustry: Oil & Gas
Location: Qatar
Result: Identified strengths, weaknesses and actions required to improve performance.
 
 


 
Summary by Review SectionIndustry: Pharmaceuticals
Location: USA
Result: Identified strengths, weaknesses and actions required to improve performance.
 
 
 


 
Performance Comparison by Survey QuestionIndustry: Oil & Gas
Location: Malaysia
Result: Identified strengths, weaknesses and actions required to improve performance.
 
 


 
20% Inventory ReductionIndustry: Power Generation
Location: USA
Result: Identified opportunity for $8M inventory reduction.
 
 


 
Industry: Manufacturing
Location: Australia
Result: Alignment of systems and accountability across 13 locations providing improved control of inventory spend.
 
 


Training


 
Industry: Oil & Gas
Location: UK
Result: Multi-day spare parts inventory management and optimization training program targeted at Asset Management personnel.
 


 
Industry: Government Authority
Location: USA
Result: From this training the client identified inventory reductions enabling the closure of outside storage, saving $625k over 5 years.
 


 
Industry: Oil & Gas
Location: USA
Result: Multi-day spare parts inventory management training program for procurement and asset management personnel.
 


 
Industry: Oil & Gas
Location: Singapore
Result: Multi-day spare parts inventory management training program for procurement and asset management personnel.
 


 
Industry: Oil & Gas
Location: Malaysia
Result: Multi-day spare parts inventory management training program targeted at Asset Management personnel.
 


 
 


For a full listing of my services please visit the services page.


 
 

Software Solutions

Not all problems can be solved with consulting and training. For some issues, in order to be efficient you need to apply software solutions.

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Online Training at SparePartsKnowHow.com

The Pro Level spare parts management program will equip you with the know-how and skills to effectively optimize and manage all aspects of your spare parts inventory.

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Books by Phillip Slater

Books by Phillip Slater

Connect with Phillip Slater

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Moonee Ponds 3039
Australia

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