Subject: Friend, 3 Mistakes That You Are Probably Making With Critical Spare Parts Management

Insider Tip of the Week
Hi Friend,

How do you identify critical spare parts?

Do you understand the connections between criticality and failure mode?

What about the planning horizon?

Get just one of these issues wrong and your critical spare parts management will be ineffective. And that will cost you money either in excess inventory or excess downtime – maybe even both.

Here is our tip:

The key to managing critical spare part is to 
recognize and understand these factors.



Or use this link https://bit.ly/3n4UgDK

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We are planning a LIVE event in March 2021!

A two-day workshop titled,
MRO and Critical Spare Parts Optimisation 2021

Tuesday 23 – Wednesday 24 March 2021
Melbourne, Australia

Click here to learn more
Keep on improving!

Phillip Slater

Spare Parts Inventory Management Specialist
Founder, SparePartsKnowHow
Recommended Software and Services
We know these companies very well and will happily recommend their software and services.
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
NRI Industrial specializes in the management and sales of surplus spare parts. They provide solutions to recover value from overstock, surplus and obsolete inventory. 
https://bit.ly/NRISolutions
Provides comprehensive education programs in reliability and maintenance practice.
Based at the University of Tennessee, Knoxville.
http://bit.ly/RMICUT
Spare Parts Management Specialist and Consultant.
Author of Spare Parts Inventory Management and Founder of SparePartsKnowHow
http://bit.ly/phillipslater
An online knowledge platform providing access to spare parts inventory management training, resources and services.
Initiate Action Pty Ltd, P.O Box 628, 3039, Moonee Ponds, Australia
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