Subject: New Article: Managing Repairable Spares


New Article: Managing Repairable Spares
Issue #204

Hi Friend,

Last month I gave you a heads up about a new content sharing alliance that will give you access to more demand planning and forecasting content. The alliance is between us and Smart Software Corp. 
Smart Software is a global leader in demand planning and forecasting solutions.

The alliance has just been announced and you can read the details here.
This is a very exciting development that will result in greater access to demand planning and forecasting content.

In fact Smart Software is running a webinar next week.

The webinar is titled, 'Achieving Inventory Optimization With Automated Cloud Analytics' and I highly recommend that you attend.

BTW: the webinar is complimentary.


New Article: Managing Repairable Spares

The management of rotable and repairable spares and assets is a critical function in all asset-intensive industries. In these industries downtime costs are usually massive, and in many cases these costs dwarf the repair or replacement value of the spares. However, this dynamic can lead to simplistic and ultimately expensive approaches to determining whether to hold or repair parts.

For SparePartsKnowHow.com Members there is also a comprehensive paper that provides a series of 7 guidelines and a flow chart to assist with repairable management decision making.


Keep on improving!

Phillip Slater
Founder, SparePartsKnowHow.com

Better Spare Parts Management Start Here!
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Online Orientation Session

Our next online orientation session is scheduled for January 2/3 (depending on your time zone)



Group Discussion Session

Our Group Discussion sessions start in January 2018.
The first session will focus on why spare parts are different from other inventory types.
SparePartsKnowHow.com Is Supported By:

sparesFinder: the world’s foremost software company for helping businesses with standardizing  enriching, governing, finding, and leveraging their MRO and material master data.

Smart Software whose inventory planning & optimization platform addresses the root causes of excess inventory in a single, easy to use, and scalable environment. This tool extends beyond traditional demand planning and forecasting by leveraging probability modeling and analytics to drive inventory strategy.

The Reliability & Maintainability Center (RMC) at the University of Tennessee, Knoxville, provides comprehensive education programs in reliability and maintenance practice.


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