This month's new article is subtitled:
How to Ensure That Your Spare Parts Inventory is Able to Meet the Operational Demands of your Organization without Unduly Impacting the Financial Resources of the Organization.
Phew, that's quite a mouthful.
But the idea is absolutely how you should be thinking.
The problem is that there is a lot that can go wrong and much of that is outside of your control.
Not just with the supply chain but also decisions that were made many years ago.
Does that mean you should do nothing? Of course not!
You need to control the things that are in your control.
The article explores the idea of the long chain of spare parts management events and where your control starts.
I then look at what you can do now and list some of the high impact actions that require little in terms of resources.
