Do you realize that one of the peculiarities of spare parts inventory management is that, generally, the supply chain is established to operate only one way?
It is almost like people see planning for the management of obsolescence as ‘planning for failure’.
This is the big lie of spare parts obsolescence.
This week's Insider Tip of the Week focusses on the truth that the establishment and application of processes and reviews that address excess and obsolete spare parts in a proactive manner is a sign of a sophisticated spare parts management organization, not failure.
Here is our tip:
The proactive management of spare parts obsolescence
starts at the beginning of the spare parts management
life cycle, not at the end.
Or use this link https://bit.ly/SPTOTW6