Subject: Friend, do you understand True Optimization?

Insider Tip of the Month
Hi Friend,

Why is it, that despite the best efforts of management teams, the vast majority of spare parts inventories remain bloated with excess, surplus and obsolete items, while also not providing the level of service expected by the users?

How can companies, achieve the right balance between inventory cost and parts availability, knowing that they have done all that they can do?

The answer lies in the concept of True Optimization™.

Here is our tip:

If you do not understand True Optimization™ 
then you can never truly optimize your inventory



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

*********

We are planning a LIVE virtual event in March 2021!

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

Tuesday 23 – Wednesday 24 March 2021
Live Online
Keep on improving!

Phillip Slater

Spare Parts Inventory Optimization Specialist
Founder, SparePartsKnowHow
Alliance Members
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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