Phillip Slater's

Spare Parts Know How

...Practical Solutions for Real-World Problems

Since 2001 Phillip has advised:

  • 425 companies

  • with +1,100 storerooms

  • holding $5.5bn of inventory

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USA and Canada Call 800-581-7678         Australia and Other Countries Call +61 3 9331 3181 


Inventory Management & Optimization Services,

Tools and Resources


Why Should You Consider Our Services, Tools & Resources?

In short, because spare parts inventory management and optimization is a specialist area and we provide specialist services, tools and resources!


Generic supply chain tools and resources will not deliver the results you want with spare parts inventory management, because spare parts are different. For example, where else do companies purchase items that they hope not to use or sell? With access to the right combination of spare parts management focused tools, techniques and resources you can achieve all your materials and spare parts management and optimization goals.


To give you peace of mind that these tools work please read our testimonials and case studies where you will see that Phillip Slater outperforms in-house resources by a factor of 3:1



What Services, Tools and Resources Do We Provide?


The center-piece of our intellectual property is the 7 Actions for Inventory Reduction. These actions form the basis of all our inventory optimization programs. In addition, we have developed a suite of tools that we employ to help you identify and then take action on the issues that you need to address to optimize your spare parts inventory and achieve your goals.



  • Snapshot Review: A Snapshot Review is a diagnostic review of your inventory management capability, accountability and systems that identifies where and how you need to improve in order to achieve your goals and then delivers a 'roadmap' on how to get there. Think of this as a 'health check' for your inventory management. Visit the consulting page for more information.

  • Inventory Reduction and Optimization: The objective of our inventory reduction and optimization programs is to optimize the current spare parts inventory levels while maintaining appropriate levels of service to operational activities. Our approach is to engage directly with your team in the application of  our Inventory Process Optimization™ Method.

  • Policy Development: Our policy and procedure development service requires a combination of off-site and on-site activities.  When on-site we conduct a site review followed by a multi-day workshop in which we work with your team to develop, in parallel, up to 7 specific policies that cover the entire spare parts management life cycle. Visit the policy page for more information.

  • Training: we provide both in-person, online and blended training options, all aimed at developing the skills of your team and helping you to develop robust and rigorous inventory management. Visit the training page for more information.


Tools and Resources


Each of our tools is aimed at solving a specific problem and has been developed in response to specific client demand. Our 'tool kit' includes:

  • Resource Center

  • Policy and Procedures Database

  • Stock Level Calculation Tool

  • Benchmarking Data

  • Benchmarking Circles

  • Inventory Analytics Tools

  • Inventory Reduction Tracking Software

  • Storage Guidelines

  • X-Ray Audit Tool

  • Materials and Spare Parts Management Desktop Audit

  • Books and Reports



Complimentary eBook


Download the 5 Myths of Inventory Reduction ebook

Claim your eBook



Click here to visit our online training and resource center



Click on the image below to watch the video of our latest webinar


Watch our latest spare parts management webinar




How We Work

Based on a discussion of your needs, together we will determine the right mix of services, tools and resources to support you and your team in achieving your spare parts management goals.


While most of the above tools are only available as part of a consulting or training project, subscriptions and book purchases are available independently of other services.



What to Do Next

To find out which of our tools and resources are right for you contact us for more information. Depending upon your enquiry we can schedule a complimentary 30 minute Skype session.



Other Related Links


Smart Inventory Solutions

Improving the Management of Engineering Materials and Spare Parts


10 Steps for Lower Costs

A New Strategy for Continuous Improvement

10 Steps to Lower Costs & Operational Excellence


The Optimization Trap

Avoiding the Pitfalls that Limit Operational Performance


ICR Software

A specialized tool that will help you to get more from your inventory reduction program.

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USA and Canada Free Call 800-581-7678

Everyone else phone: +61 3 9331 3181