Warning: There is a lot of content in this newsletter!
The theme this month is: Spare Parts Stocking Policy Development.
In this edition we have a number or resources to help you with your policy development - some from us and some from our Spare Parts Alliance members.
Plus an announcement of a new online course!
Here's the list:
Feature article: Spare Parts Management Process is Complex But Is It Complicated?
Collating and coordinating the information from all of the required sources makes any spare parts inventory management process complex. But is it complicated? Does this even matter? Is this a difference without distinction? https://bit.ly/SPKHComplex
Feature video: How to Bring Certainty to Spare Parts Inventory Management Systems. If you want policies that work you need to be sure that they are developed consciously and that they are documented and auditable. From that, they’ll bring you some certainty. https://bit.ly/SPCertainty.
Webinar: The Top 7 Criteria for Next-Generation Materials Master Data Management. Brought to you by Sphera, this on-demand webinar works through how companies are reducing the impact of operational risk with a unified, consistent view of critical data—driving supply chain insights—to make better decisions that keep assets safe and productive. http://bit.ly/Sphera7Criteria
Article: Response to COVID-19 Supply Chain Recovery. Michael Worden, CEO at Right Sized Inventory has provided this timely and thought provoking item on the use of simulation to reduce your supply chain risk. You can download a copy of the article here --> https://bit.ly/RSIArticle1
NEW --->Spare Parts Inventory Reduction - Online Training Course
The Spare Parts Inventory Reduction course teaches you how-to reduce and optimize your spare parts inventory – without increasing operational risk. The most unique feature of this course is that we provide three one-on-one personalized tutorial sessions.
That's three personal sessions with me to help ensure that you fully understand the content and are able to apply it in your workplace.
Read more here: https://bit.ly/InvRedCourse
Phew!