Subject: Two Reasons That Improved Maintenance Won't Solve Your Spare Parts Problems

Two Reasons That Improved Maintenance Won't Solve Your Spare Parts Problems 
Issue #173

Hi Friend,

There is a persistent belief among many in the maintenance community that the best way to resolve spare parts inventory problems is to improve maintenance practices. That is, in the context of spare parts supply and demand, achieving inventory reduction and availability improvement (supply) requires more predictable maintenance (demand). If only the machinations of people and processes were so simple!

In my new article titled, Two Reasons That Improved Maintenance Won’t Solve Your Spare Parts Problems (And What You Can Do About It), I:
  • debunk this myth
  • explain the two reasons why it is not true
  • support this with research
  • provide examples of companies that have made major savings while largely ignoring maintenance systems
  • and then tell you what you can do about it
You can read this article in full here: http://sparepartsknowhow.com/mro-spare-parts/#.Vzp1s1faCPg

Also, in case you missed it, here is a link to this month's previous article that helps you determine which spare parts management training course is right for you. 
http://sparepartsknowhow.com/spare-parts-management-training-course-right/#.VygfamPaCPg

Keep on improving!

Phillip Slater
Founder, SparePartsKnowHow.com
Spare Parts Inventory Management Tip #3
More safety stock does not equal less risk but it does result in greater costs. 
The Solutions Network

The Solutions Network introduces you to companies and organizations that I know and trust.  If you have plans for any spare parts management related initiatives this year then reduce your risk by contacting me for an introduction to a provider (via return email is easiest). Or for specific solutions follow the links below. 

Data Management and Cleansing
sparesFinder: helps companies solve materials data challenges and provides the tools needed to deliver significant savings beyond data cleaning.

Reliability and Maintenance Education
The Reliability & Maintainability Center (RMC) at the University of Tennessee, Knoxville, provides comprehensive education programs in reliability and maintenance practice.

Spare Parts Management Consulting
Initiate Action: my company for providing consulting and training services specifically targeting spare parts management.

Books
Smart Inventory Solutions is a leading book on spare parts inventory management - available at Amazon.com. 
Initiate Action Pty Ltd, P.O Box 628, 3039, Moonee Ponds, Australia
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    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 2016-05-17. Report abuse