Subject: Best Practice Month at SparePartsKnowHow

Best Practice Month at SparePartsKnowHow
Hi Friend,

This month has been designated as 'Best Practice Month' at SparePartsKnowHow.

To honor this, today I am including here links to a new video and a best practice article.
Plus a link to the infographic from NRI Industrial that identifies five ways to improve your excess and obsolete parts management.

(You can download your copy of the infographic by visiting this page:
https://sparepartsknowhow.com/excess-and-obsolete-parts-management/#.Xx5wcy17FTY)

The new video addresses why most companies will not ever achieve best practice (disappointing but true) and then explains the four steps required to commence the journey.

In a similar vein, the article, Spare Parts Management Best Practice Starts Outside the Storeroom, explains why preparation is the key to achieving best practice. 

Here's to best practice!

Scroll down for the links.

Stay safe.
Keep on improving!

Phillip Slater
Founder, SparePartsKnowHow

Spare Parts Inventory Management Training
The Spare Parts Alliance
This newsletter is made possible with the support of our alliance members.
A leader in the provision of procurement services. Helping companies manage the complex activities of MRO procurement and logistics.
http://bit.ly/v-linegroup
Right Sized Inventory uses patented inventory-optimization predictive analytics technology to analyze your supply chain and establish best target inventory levels. 
http://bit.ly/RSI_SPKH
NRI Industrial specializes in the management and sales of surplus spare parts. They provide solutions to recover value from overstock, surplus and obsolete inventory. 
https://bit.ly/NRISolutions
Provides comprehensive education programs in reliability and maintenance practice.
Based at the University of Tennessee, Knoxville.
http://bit.ly/RMICUT
Spare Parts Management Specialist and Consultant.
Author of Spare Parts Inventory Management and Founder of SparePartsKnowHow
http://bit.ly/phillipslater
Spare Parts Inventory Management Training, Resources, and Coaching for Individuals and Teams. Improve your spare parts management know-how.
http://bit.ly/SP_KH
Feature Content
Feature Video: Spare Parts Management Best Practice Video

This spare parts management best practice video explains why most companies cannot achieve best practice in this area.

Watch here: https://bit.ly/2Fc37mZ
Feature Article: Spare Parts Management Best Practice Starts Outside the Storeroom

Achieving best practice in spare parts inventory management must always start outside of the storeroom. Its about what you do in preparation for the daily activity.

Read the article here: https://bit.ly/30Fw1nI
Feature Training: Spare Parts Management Mastery

Our Mastery program provides full access to all of our content on Best Practice: videos, white papers, articles, and audio files. Everything that you need to know.

Learn more here: https://bit.ly/SPKHMastery
Feature Webinar: Procurement Outsourcing of Indirect Materials

Most procurement is stuck in the 'complexity trap' - definitely not best practice. The webinar explains this phenomenon and other procurement issues that prevent companies from achieving their best. 

Watch here: https://bit.ly/2Ef9UeS
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 2020-08-11. Report abuse