Subject: IS PCB Holding Back Your Spare Parts Management Progress

Is PCB Holding Back Your Spare Parts Management Progress?
Hi Friend,

Continuing this month's theme of Getting Started, I have a question for you:

What is the one thing that if you could change it in 2020 would make a significant difference to your spare parts management results?

When asked this question, most people can quickly rattle off a number of things that they would like to change but I am asking you to decide what is the ONE THING that will make a world of difference.

One you have decided on this (and you may want to discuss this with your colleagues and boss) then work on you plan to get that thing done in 2020. Get started on that and make that your focus for this year.
Is PCB Holding Back Your Spare Parts Management Progress?

Our second article with the 'Getting Started' theme addresses the issue of PCB, it's impact on your results, and what you should do about it.

If you haven't heard of PCB then you really MUST read this article!
 
Our second video for the month discusses another key aspect of achieving your goals with spare parts inventory:  working together. I often describe spare parts management as a 'team sport' and this video describes how your team must work together to get the results that you need.
 
Scroll down for links to both.
 
Next month we will address the issue of how spare parts management is different to other inventory types. It is critical to understand this if you are going to avoid the mistakes of applying standard (retail) inventory management theory to your spare parts. There is a lot to look forward to!

Keep on improving!

Phillip Slater
Founder, SparePartsKnowHow

Demystifying Spare Parts Inventory Management
The Spare Parts Alliance
Connecting you to suppliers that you can trust.
A leader in the provision of procurement services. Helping companies manage the complex activities of MRO procurement and logistics.
http://bit.ly/v-linegroup
Sphera's MRO offers a range of connected, cloud-based software solutions that build and maintain accurate, accessible, and reliable spare parts data.
http://bit.ly/SpheraSF
Provides comprehensive education programs in reliability and maintenance practice.
Based at the University of Tennessee, Knoxville.
http://bit.ly/RMICUT
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

Spare parts management specialist and consultant.
Author of Spare Parts Inventory Management and Founder of SparePartsKnowHow
http://bit.ly/phillipslater
Feature Article: Is PCB Holding Back Your Spare Parts Management Progress?

What is holding back your spare parts management progress? It could be PCB. This article explains what that is and what you can do about it.

Read the article here >> http://bit.ly/PCBArticle
Feature Training: Full Access and Support Program

The most comprehensive and unique spare parts management training available today.

Learn more >> http://bit.ly/FullAccessSupport
Vendor Directory: What Are you Looking For?

If you need to identify suppliers of spare parts management related training, products, procurement, and services then please visit our Vendor Directory. 

Review the directory here >> http://bit.ly/VendorD
Feature Video: Working Together in the Management of Spare Parts Inventory (Video)

Something to think about: how can you get your teams to work together, with a common goal, understanding all of the constraints, in order to improve your spare parts inventory management?

Watch here >> http://bit.ly/STTA011
Initiate Action Pty Ltd, P.O Box 628, 3039, Moonee Ponds, Australia
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