Subject: Block Chain and the Basics of Spare Parts Management

Block Chain and the Basics of Spare Parts Management Training Course
Hi Friend,

The application of block chain technology has been a hot topic of discussion for some time now. 
Most of that discussion has focused on what we might call ‘low trust’ environments and so block chain is mostly associated with bit coin. 

However, block chain and the ‘Internet of Things’ (IoT) also go hand in hand. 

Block chain technology is being used to track the transportation of items across the world. This includes everything from coal to meat to wine. The technology doesn’t just track location and hand off it can also record environmental conditions such as heat and humidity.

What about block chain and spare parts management?

My most recent article discusses block chain and its implications with spare parts inventory management.



Imagine if training was so low cost that it had negligible budget impact... 

The number one reason that people tell me that they can't undertake spare parts inventory management training is a lack of budget. Sound familiar?

This makes sense when 'training' implies an expensive multi-day event. Perhaps in another city, meaning that flights and accommodation are also required.

But what about if that training costs just $149.00 and is available at your convenience?

At that price, budget is no longer an issue. 

Any company that says that it is serious about employee training AND spare parts management should be asking 'when can we start' and not making excuses!

Our Basics of Spare Parts Management Training Course is available right now for just $149.00.

As the name suggests the course provides you with a general understanding of spare parts inventory management and (importantly) teaches you how to determine the most appropriate stock holding level. 

What are you waiting for? Click here to read more.


Videos that you can read...

Have you noticed that in some internet browsers that video always starts with the sound turned off?

Yep, we did too.

Actually, right now it is Chrome and Safari. Firefox will start locking sound in the next few months.

That's why we have started putting subtitles in our public videos.

Plus we are now producing short video explainers for each course and feature at the site. We will roll these out progressively over the next couple of months.


Plus, scroll down for more information and links.

Keep on improving!

Phillip Slater
Founder, SparePartsKnowHow

Better Spare Parts Management Starts Here!
The Spare Parts Inventory Management & Procurement Alliance (SPIMPA)

SPIMPA is a network of trusted organizations that provide superior products and services to assist those tasked with managing and procuring spare parts.

We are proud to be associated with:

Smart Software whose inventory planning platform addresses the root causes of excess inventory in a single, easy to use, and scalable environment. This tool extends beyond traditional demand planning and forecasting by leveraging probability modeling and analytics to drive inventory strategy.

sparesFinder: the world’s foremost software company for helping businesses with standardizing  enriching, governing, finding, and leveraging their MRO and material master data.

The Reliability & Maintainability Center (RMC) at the University of Tennessee, Knoxville, provides comprehensive education programs in reliability and maintenance practice.

Interested in joining SPIMPA? Read more here and then contact us.
Basics of Spare Parts Inventory Management

The Basics of Spare Parts Management training course provides you with a general understanding of spare parts inventory management and teaches you how to determine the most appropriate stock holding level. 

This course is for the people engaged in the day-to-day operational decision-making and who don’t yet need the higher level tactical information in our Advanced program. 

The best part? The course costs just $149.00 so it won't break the budget.


Please note that this course focusses on spare parts that are held in-house and used for maintenance and operations support.


Video: Something to Think About

Are you an Announcer or a Doer?
This is the first video in our new series titled, Something to Think About. As the name suggests, each video will involve one idea that is meant as a 'thought starter' - something that you should think about.

Since we originally posted this first video we have added sub-titles and included a transcript of the video.

We would love to know what you think. Is this a better way to watch video?



Group Discount Structure
Training isn’t just for individuals.
Many companies recognize that the best results are achieved by training multiple members of their team. Sometimes they need to train people across a number of locations.

To help make this possible, at SparePartsKnowHow we use an exponential discount structure. This means that the more of your team you train the lower the cost per user.
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 2019-02-21. Report abuse