Subject: Spare Parts Policy Resources

Spare Parts Policy Resources
Hi Friend,

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 SystemsIf 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!
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
Sphera's MRO offers a range of connected, cloud-based software solutions that build and maintain accurate, accessible, and reliable spare parts data.
http://bit.ly/SpheraSF
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

Spare Parts Management Specialist and Consultant.
Author of Spare Parts Inventory Management and Founder of SparePartsKnowHow
http://bit.ly/phillipslater
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? 

Read the article here >> https://bit.ly/SPKHComplex
Feature Training: Inventory Reduction 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.

Learn more >> https://bit.ly/InvRedCourse
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 to Bring Certainty to Spare Parts Inventory Management Systems.

If you want a system that works 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.

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