Earlier this month I posted new article on SparePartsKnowHow that has proven to be very popular.
So, in case you missed it, I am sending out another link (see below).
To give you a sense of why this article struck a chord with people, here is a short extract:
One reason, and perhaps even the key reason, that these failures are so common is that, while spare parts inventory management is a complex process that involves a long chain of events, most companies think of spare parts only in the short term.
The thinking is mostly about the here and now.
It is thinking that is task orientated rather than outcome oriented.
No doubt, there are important tasks (think procurement, maintenance, storeroom management) but, in isolation, they rarely focus on the overall outcome. The real ‘big picture’.