Subject: Spare Parts: Deciding What to Stock Complimentary Course

Spare Parts Management: Deciding What to Stock
Complimentary Course
Hi Friend,

This is a tough time for us all.

So, as a service to our community during the current global crisis, we are now providing our Basics of Spare Parts Management Course free of charge.

No credit card required. No charges. No catches.

This course is in keeping with this month's theme: Deciding What to Stock as module 2 of the course covers Critical Parts and Stock Level Decision-Making.

Deciding what to stock, and how many, is the fundamental question for inventory management. This is the core activity that determines availability, overstocks, and ultimately obsolescence.

Click here to learn more and to register bit.ly/BasicsCourseFOC 

The feature article for this edition is: Max-Min OR ROP-ROQ: Does it Really Matter?
This article explains the differences, the pros and cons of each, and why knowing this is important.

This month's feature video is: How Your ERP Software May Drive You to Overstock Your Spare Parts Inventory. This 2 Minute tutorial warns of a potential pitfall with the use of ERP software to determine the spare parts ReOrder Point (ROP).

Scroll down for the links.

Stay safe. Wash your hands.
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
Spare Parts Management Specialist and Consultant.
Author of Spare Parts Inventory Management and Founder of SparePartsKnowHow
http://bit.ly/phillipslater
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
Feature Article: Max-Min OR ROP-ROQ: Does it Really Matter?

This article explains the differences, the pros and cons of each, and why knowing this is important.

Read the article here >> http://bit.ly/MaxMinArticle
Feature Training: Team Training Delivers 3X Results

Our direct experience is that companies that formally train teams in spare parts management achieve 3X the result of those that don’t.

Learn more >> http://bit.ly/SPKHTeamTraining
Vendor Directory: Spare Parts Management Training, Software, Procurement, and Services

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

Review the directory here >> http://bit.ly/VendorD
Feature Video: How Your ERP Software May Drive You to Overstock Your Spare Parts Inventory.

This 2 Minute tutorial warns of a potential pitfall with the use of ERP software to determine the spare parts ReOrder Point (ROP).

Watch here >> http://bit.ly/OverstockVideo
Initiate Action Pty Ltd, P.O Box 628, 3039, Moonee Ponds, Australia
You may unsubscribe or change your contact details at any time.

    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 2020-04-07. Report abuse