Subject: Infographic: Excess and Obsolete Spare Parts Management

Infographic: Excess and Obsolete Spare Parts Management 
Hi Friend,

One thing that almost every organization has in common is the existence of surplus MRO & spare parts.

This is also the least addressed aspect of spare parts inventory management.

To help companies establish the right approach to managing this excess and obsolete inventory the company NRI Industrial has developed an infographic that identifies five ways to improve your excess and obsolete parts management.

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

Continuing the obsolete parts theme, below are links to a video and article on managing obsolescence.

Then, for some diversity, I have also included a link to a recent webinar on outsourcing the procurement of indirect materials purchasing. This webinar also has a complimentary white paper.

Phew! That a ton of content!

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: Three Reasons Why You Have Obsolete Inventory Parts

In this 2 Minute Tutorial Phillip Slater identifies the three reasons that companies have obsolete spare parts inventory.

Watch here: https://bit.ly/2OZuYIt
Feature Article: Three Ways to Deal with Obsolete Inventory

Obsolete inventory doesn’t just appear on the shelves, we put it there!
This article is an accompaniment to the above video.

Read the article here: https://bit.ly/2OUTLxs
Feature Training: Spare Parts Management Mastery

Our Mastery program is designed for the people who are assigned with the task of implementing changes in the way your company manages spare parts.

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

The webinar is presented by Phillip Slater, Founder of SparePartsKnowHow.com and Turgay Temur, Global Business Development for the V-LINE Group.

To accompany the webinar we have created an associated white paper. This covers all the issues discussed and provides a handy reference.

Watch here: https://bit.ly/2Ef9UeS
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