What if you had a storeroom full of parts that you didn’t need but also had no way of managing?
No process for identification and removal.
This is a situation faced every year by thousands of companies world-wide and yet one for which few companies develop a genuine, lasting solution.
One of the peculiarities of spare parts inventory management is that, generally, the supply chain is established to operate only one way.
That is, to put items into inventory and then into the hands of the user.
Very few companies have put much thought into the processes for reversing that flow, to remove obsolete items from the inventory and dispose of them.
Yet this task is fundamental to managing spare parts obsolescence and, by extension, is fundamental to spare parts inventory management.
