How do you determine exactly what constitutes best practice spare parts inventory management?
To identify best practices that actually make a difference, we developed an approach that identifies which actions produce better inventory management outcomes.
In this article I discuss:
- Three problems with identifying best practice
- Why inventory value ratios are pointless and dangerous
- The research we did to identify best practice
- One major finding from our research
- Six things that must be addressed to achieve best practice
In our research the patterns were clear.
ICYMI you can read the full article HERE. 
