Read Phillip Slater's CV

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"Phillip Slater is Australia’s leading authority on optimizing the inventory process."

Procurement Professional News

Quoting the Australian Production and Inventory Control Society

Efficient and effective materials and spare parts inventory management can save companies millions of dollars a year. These savings can result from reduced downtime due to improved availability, elimination of wasted expenditure on excess or slow moving stock, improved labor efficiency from better inventory management processes and storeroom management, and working capital savings from improved inventory optimization.

Identifying and implementing the opportunities that will make a genuine and lasting difference to your materials and spare parts management requires access to the right experience, know-how, tools and techniques.

Phillip Slater can help you achieve new heights in materials and spare parts management through:

• Achieving Inventory Process Optimization

• Accessing the right tools and techniques

• Developing policies and procedures

• Identifying and implementing best practice solutions

• Developing and implementing storeroom and warehouse strategy

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The 5 Myths of Inventory Reduction

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Achieve Inventory Optimization

Optimize inventory levels

Hold less inventory

Eliminate unnecessary stock

Reduce working capital

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Access Tools and Techniques

Simplify your actions

Calculate requirements

Track implementation

Training courses

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Develop Policies and Procedures

Standardize requirements

Set guidelines

Communicate expectations

Learn more>>>

Identify & Implement Solutions

Diagnose problems

Identify solutions

Achieve your goals

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Squirrel Stores & Why You Would Be Nuts To Keep Them

Breaking the locks was the only option.  It was 2am and Line 1 had stopped completely.  The good news was that we knew exactly what the problem was and how to fix it.  We also knew that the spare part we needed had been in the storeroom earlier in the day – I had seen it there myself.  The bad news was that it was no longer there and we didn’t know who had taken it or where they put it.  We were pretty sure that one of the dayshift crew had taken it and put it in his locker. Read more...

The Spares Stocking Policy

Companies these days are awash with policies.  They have environmental policies, safety policies, purchasing policies, contract management policies, audit policies, corporate policies, expense policies, travel policies, maintenance policies, some even have internet usage and blogging policies.  With all this corporate ‘red tape’ why would you need (or want) one more policy?  The answer to this question lies in the benefits you get in return.  Read more...

Why MRO Inventory Optimization Doesn't Optimize Part 1

So, you have finally got hold of that software you have been looking for. The boss has been on your back about inventory and wants your assurance on availability while also reducing the cash investment. You researched the market and decided on a program of inventory optimization. Optimization, surely that is what you need, after all optimization is the ultimate outcome, is it not? Optimization means that everything is working at maximum efficiency, right? Wrong. Read more...

When is Critical Really Critical?

Engineers will happily (well, not happily) review items that are not classified as critical but which actually are critical. Yet they will shy away from reviewing items that are officially defined as critical. In this case any review is, therefore, driven by the classification rather than the opportunity or cost benefit. Nobody would use this approach in reviewing any other capital investment. Read more...

Check out our Indirect Materials and Spare Parts Management Knowledge Base>>

Phillip's articles have been published in:

• The Asset Management and Maintenance Journal

• Australian Financial Review

• The Bangkok Post

• Business Essentials 

• CEO Online

• Maintenance Journal

• My Business Magazine

• RAMS Asia

• Reliability Magazine

• Reliability Web

• Supply Chain Magazine

• Uptime Magazine

Phillip has provided papers and presentations for the following conferences and associations:

• apics 06, 07, 08, 09

• EuroMaintenance 10

• ICOMS 06

• IMC 05, 08, 09

• MESA/AMC 05, 06, 07, 09, 10

• RCM 09

• WCEAMS 06