Subject: One Action That Can Revolutionize Your Spare Parts Inventory Management

The One Action That Can Revolutionize Your Spare Parts Inventory Management 
Issue #176

Hi Friend,

What if there was just one thing that you could do to completely revolutionize your spare parts inventory management? Too good to be true? Well, actually it isn't.

This is the topic of this month's new article and you can read the full text here.
Please make sure you do because this one action can and will make a world of difference to your spare parts inventory management results.

Last month I wrote about our new self-guided short course - the Spare Parts Management Boot Camp. The response to this has been tremendous. Clearly there is a desire for many of you to get a better understanding of the basics needed to ensure consistent and effective spare parts inventory management. In case you missed it the details are below.

Keep on improving!

Phillip Slater
Founder, SparePartsKnowHow.com
Spare Parts Inventory Management Tip #5
Potential spare parts obsolescence can be better managed if you apply integrated maintenance and spare parts management.
New Self-Guided Short Course

Spare Parts Management Boot Camp
This self-guided short course is based on our half-day boot camp program and teaches you the very basics for spare parts inventory management. Topics covered include understanding why spare parts are different to other inventory types, Identifying critical spare parts, determining the ROP and ROQ, questions to ask before deciding whether to stock an item, and spare parts management best practice. Like all of our courses, this course is supported with online coaching.

Estimated time commitment: 3.5 hours
Cost: Included as part of the standard SparePartsKnowHow.com membership.

SparePartsKnowHow.com Recommends

Data Management and Cleansing
sparesFinder: helps companies solve materials data challenges and provides the tools needed to deliver significant savings beyond data cleaning.

Reliability and Maintenance Education
The Reliability & Maintainability Center (RMC) at the University of Tennessee, Knoxville, provides comprehensive education programs in reliability and maintenance practice.
Initiate Action Pty Ltd, P.O Box 628, 3039, Moonee Ponds, Australia
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    This is an online snapshot of a newsletter created by the owner of SparePartsKnowHow.com Subscriber (Initiate Action Pty Ltd, P.O Box 628, 3039 Moonee Ponds, Australia) and sent via GetResponse on 2016-07-26. Report abuse