Subject: The Impact of Organizational Misalignment on Spare Parts Management

Latest Article: The Impact of Organizational Misalignment on Spare Parts Management
Issue #197

Hi Friend,

What happens when the goals of the people managing spare parts are not aligned with the goals of those using the spare parts while also not aligned with the company’s cash management goals?

Organizational tension, if not outright conflict!

My latest article discusses the impact of organizational misalignment on spare parts management. This article discuss how spare parts management can 'fall between the organizational cracks' and addresses the question: Does it matter to where spare parts management reports?



Critical Spare Parts Management Workshop

Generally I only do one public event each year and this year it is in my home town of Melbourne, Australia on September 8th. If you want to learn all about critical spare parts management then come and join me!

Here is an extract from the workshop description:

By learning how to distinguish between regular spares and critical spares you will not only improve your inventory optimization but will also minimize operational losses from not holding the right spares.

In this full day workshop, Phillip Slater will teach you everything that you need to know about identifying and managing critical spare parts.

The workshop is part of a two-day conference titled MRO and Spare Parts Optimization 2017.

Follow this link for more info from the conference organizers.
Keep on improving!

Phillip Slater
Founder, SparePartsKnowHow.com

Creator of the Inventory Cash Release® Process
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Latest Articles and Videos

The Impact of Organizational Misalignment on Spare Parts Management

What happens when the goals of the people managing spare parts are not aligned with the goals of those using the spare parts while also not aligned with the company’s cash management goals? Organizational tension, if not outright conflict!

My latest article discusses the impact of organizational misalignment on spare parts management. This article discuss how spare parts management can 'fall between the organizational cracks' and address the question: Does it matter where spare parts management reports?

Read the article here


How to Sell Your Obsolete and Excess Spare Parts on eBay
One of the major issues faced by almost everyone that manages spare parts is: what to do with obsolete and excess spare parts inventory? One option is to sell the items for essentially scrap value but this rarely raises more than 5c on the dollar.

Recently I met Brian Burns, a US steel industry veteran, who has worked out how to achieve returns of 25-40c on the dollar by selling obsolete and excess spare parts on eBay and the open market. This article is a transcript of a recent interview.




Is It Time To Fire Your Spare Parts Manager
What if I told you that it is probable that one in two people reading this work at companies that don’t apply even the most basic principles for managing their spare parts inventory? It it time to fire your spare parts manager? Maybe so if your company is one of those making these very simple mistakes!

Full article now only available to members



How to Make Spare Parts Forecasting Work
The spare parts forecasting accuracy achieved is driven by both the validity of the fundamental premise, that is, can the future of that part be predicted by looking at the past, and the quality of the data that is used in the analysis, not the sophistication of the modeling.

Full article now only available to members

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