Subject: 3 Mistakes in Critical Spare Parts Management

Latest Article: 3 Mistakes You Are Probably Making With Critical Spare Parts Management
Issue #193

Hi Friend,

Can I ask a favor?

If you purchased a copy of my latest book Spare Parts Inventory Management from Amazon, would you mind posting a review?

Reviews are very helpful. Not just to me :) but they also help get the word out to others about the book and how it can help them.

It should take just a few minutes and your input is really appreciated.


Reduce Your Spare Parts Inventory in Just 12 Weeks! 

As announced last time, we are now developing a new program that will deliver genuine, maintenance friendly, inventory reductions and lasting procurement savings in just 12 weeks. I know that might sound like a big claim but the techniques that we will share have been proven and really do work.  This isn't hyperbole, it is backed up by past results.

Here are some details:
  • The program will focus on a process known as the Quick Release Strategy.
  • This process has helped companies to quickly and effectively reduce their inventory, with no negative operational impact.
  • The program will last 12 weeks, during which you will learn and apply the process.
  • To participate you must be in a position to apply the process to your company's spare parts inventory and be ready to take action.
  • The program is very interactive: we will train you and then coach you in the application of the process.
  • You must be willing to share your data with us so that we can help coach you in the application of the process.
  • You will make changes to your inventory during the program that will produce major savings.
Importantly, this training is not open to consultants or anyone just wanting to learn the technique - you MUST be ready to apply the technique.

I am so confident that this program will deliver as promised that we will be offering an iron clad, 100%, money back guarantee that, if you apply the techniques as taught, you will achieve savings that payback the cost of the course BEFORE YOU COMPLETE THE PROGRAM. This program will be fully self-funding.

As you would expect, because of the nature of this course you will need to qualify before you can start - I want to be sure that you are ready to do the work and deliver results.

Spaces will be limited. So if you want to get in first then contact me and we can discuss the detail. By the time we post the detail on the website it may be too late!


The latest articles from the blog are listed below.
Keep on improving!

Phillip Slater
Founder, SparePartsKnowHow.com
Creator of the Inventory Cash Release® Process
This month's newsletter is brought to you by: SparePartsKnowHow.com Company Membership 

How would you like to be able to give your team members access to all the resources at SparePartsKnowHow.com for less than $6.50 per week? That's right just $6.50 per week! At that price there is no excuse for not investing in the development of your team.

This is possible with a SparePartsKnowHow.com company membership.
This is a great option for companies that want to train team members across the firm, and ensure that their staff are qualified to manage their spare parts.
The key benefits of a Company Membership are:
  1. The most cost-effective way to join - you can get 12 months of training and support for just $332 per person!
  2. Membership flexibility - if someone is promoted or leaves the company you can swap in their replacement at no extra cost.
  3. Fast start webinar - we will help get your entire team up to speed with our Fast Start Orientation Webinar.
Why not work towards having your entire spare parts management team certified in spare parts inventory management?

Latest Articles and Videos

3 Mistakes That You Are Probably Making With Critical Spare Parts Management
There are many issues that have the potential to keep spare parts managers awake at night but without doubt, critical spare parts management must be number 1. Nobody wants to be responsible for not having a critical spare part when it is needed.


The Big Lie of Spare Parts Obsolescence
One of the peculiarities of spare parts inventory management is that, generally, the supply chain is established to operate only one way.


You Can’t Solve Today’s (Spare Parts Inventory) Problems with the Same Level of Thinking That Created Them
No matter what spare parts inventory problems you have the problems come from the decisions that have already made on how to manage the inventory.


Spare Parts Optimization - A Zero Sum Game?
The zero-sum view of spare parts inventory optimization comes about by looking only at the effects or outcomes of poor spare parts inventory practices, not the causes.


Lubrication Management and the Storeroom
Lubrication management is one of the most important aspects of maintenance. Get your lubrication management wrong and almost everything else you do is wasted. And lubrication management is one area where the storeroom and maintenance really do need to work closely together if the required results are to be achieved.

SparePartsKnowHow.com Recommends

Data Management and Cleansing
sparesFinder: helps companies solve materials data challenges and provides the tools needed to deliver significant savings beyond data cleaning.

Reliability and Maintenance Education
The Reliability & Maintainability Center (RMC) at the University of Tennessee, Knoxville, provides comprehensive education programs in reliability and maintenance practice.
Initiate Action Pty Ltd, P.O Box 628, 3039, Moonee Ponds, Australia
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    This is an online snapshot of a newsletter created by the owner of SparePartsKnowHow.com Subscriber (Initiate Action Pty Ltd, P.O Box 628, 3039 Moonee Ponds, Australia) and sent via GetResponse on 2017-05-25. Report abuse