| Issue #208
Hi Friend,
Each month we hold a live online group discussion sessions for SparePartsKnowHow members. These sessions provide the opportunity to discuss specific issues and to hear the experiences of other members.
Our next group discussion will be held on Tuesday 13 February for people in the Americas and Wednesday 14 February for the rest of the world. This session will focus on and will focus on Financial Considerations for Spare Parts Management.
In a lead up to this session we have posted a short article titled 5 Principles for Spare Parts Management.
The post also provides links to a range of other resources relating to the financial aspects of spare parts management.
Upcoming Webinar Recently we announced a public webinar that I am holding with our friends at Smart Software.
The webinar is titled Intermittent Demand and Spare Parts: Why Forecasting Doesn’t Work … And what to do about it
By attending the webinar you will learn:
1. What is intermittent demand and why is it so hard to forecast;
2. Why traditional forecasting methods and rule of thumb approaches fail;
3. What is Probabilistic Modeling and how does it improves Spare Parts planning.
I will moderate the session and you will hear from world leaders in probabilistic forecasting.
The webinar is open to everyone and you can learn more plus register by following this link
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