Subject: Friend, it is our 20/10 anniversary
Friend, it is our 20/10 anniversary
September 1st, 2021 at 9:00 am AESTSparePartsKnowHow ScholarshipsHi Friend, It is time to celebrate! September 2021 marks 20 years since I established the independent consultancy, Initiate Action, and 10 years since the launch of SparePartsKnowHow. To mark this milestone month we are ...
Friend, new places to open at SparePartsKnowHow.com
June 1st, 2021 at 11:00 pm AESTNew Places to Open at SparePartsKnowHowHi Friend, As a reader of this newsletter, you will know I believe that managing spare parts for maintenance and operations support requires a different approach to ‘retail’ inventory. This unique viewpoint ...
Friend, is spare parts optimization a zero-sum game?
May 4th, 2021 at 11:00 pm AESTInsider Tip of the MonthHi Friend, Why is it that when discussions turn to spare parts inventory optimization, maintenance and procurement are cast as natural enemies? There is often an attitude of inventory optimization being a competition with win ...
Friend, how do you create effective spare parts management policies?
April 6th, 2021 at 11:57 pm AESTInsider Tip of the MonthHi Friend, Here is the reality of spare parts management: success doesn’t come from just having a policy, it comes from having the right policy. An effective policy. Companies that have effective spare parts stocking policie ...
Friend, do you understand True Optimization?
March 2nd, 2021 at 11:59 pm AESTInsider Tip of the MonthHi 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 expect ...
MRO and Critical Spare Parts Optimization
February 9th, 2021 at 11:59 pm AESTMRO and Critical Spare Parts Optimization 2021Hi Friend, Over the past year, how much has it cost your company to not have you attend training that will enable you to implement real and positive changes to your spare parts inventory management? Well ...
Friend, 3 factors for effective storeroom management
February 2nd, 2021 at 11:59 pm AESTInsider Tip of the WeekHi Friend, How important to you is having an efficient and effective storeroom? Do you know what is required to ensure that your storeroom supports your operational needs? We have identified what we call the three A's of storer ...
Friend, 3 Mistakes That You Are Probably Making With Critical Spare Parts Management
January 26th, 2021 at 11:59 pm AESTInsider Tip of the WeekHi 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 mana ...
Friend, how do you define best practice?
January 19th, 2021 at 11:59 pm AESTInsider Tip of the WeekHi Friend, How do you define best practice? Our research identified that, among the people that manage spare parts inventory, very little is known about best practices. People don't know what top performers do better than other ...
How to Map Your Inventory Optimization Software Options
January 12th, 2021 at 11:59 pm AESTInsider Tip of the WeekHi Friend, Do you know why you need a software target map? Evaluating software can be hard and the issues that really matter can be difficult to measure objectively. A software target map is a visual way to compare different so ...