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A New and Better Way
In
the book ‘Smart Inventory Solutions’, Phillip Slater shows you a new way
to look at inventory review. Rather than first selecting a technique
and then finding inventory items to apply it to, this book shows you how to focus on the
inventory item and then choose the technique that specifically suits that
item.
By turning the traditional approach on its
head you can achieve greater results, faster and more easily. Plus the
results are more likely to be sustained over the long term.
The Inventory cash release processTM
Smart Inventory Solutions
applies The Inventory Cash ReleaseTM
Process to specifically target MRO and indirect inventory. The
process is a complete solution that guides you
from the starting point of 'where do I focus' through the techniques for
achieving inventory reduction, through to taking action and implementing
your inventory reduction program. The result? Inventory Process Optimization™.
Download a process flow chart
This New Book Shows You How to Apply
The Process
Smart
Inventory Solutions shows you, step-by-step, the process to follow, the mistakes to avoid, and a sure-fire approach to minimize your workload.
In fact, you'll learn how
to generate better results from your reduced inventory. This approach is
ideal for all 'bought in' inventories such as parts and components, finished
goods, OEM spares, MRO inventory, engineering spares and industrial
supplies.
Using exclusive real-life
examples and case studies, and providing you with a full glossary and data
collection guide, this manual will show you how some companies:
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Reduced their
holding costs by 90%
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Saved 50% of
inventory by reviewing reorder quantities
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Reduced their
inventory by 28% just by reviewing select excess and obsolete stock
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Reduced their
inventory investment purely through better purchasing
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Achieved both
inventory and cost reductions through consignment stocking
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Achieved results by
applying only 10% of their predicted effort
All with no impact on
risk.
Any
company looking to take action to reduce their excess inventory or
establish reasonable controls to curtail the growth of inventory should
read this book. The principals presented are done in an understandable,
straightforward manner. There are not a lot of fancy formula-driven
theories, but there are focused recommendations for specific actions to
have immediate effect on inventory value.
This book helped us reverse the trend of growing inventory for the first
time in the 30-year history our company.
Read more>>>
Arthur L.
Posey, P.E.
Sr.
Maintenance Manager,
Wheelabrator Technologies Inc.
Morrisville, PA, USA
About The Author
Phillip Slater
is an Inventory Process Optimization Specialist. With nearly 25 years
experience Phillip has had a career-long focus on improving business
performance and has worked for a wide range of clients in many countries,
including: Australia, UK, Sri Lanka, Thailand, Malaysia, China, Korea,
Japan, Singapore, USA, Mexico and Canada.
Phillip
has engineering degrees from both The University of New South Wales and
Monash University and
teaches courses on inventory reduction
for APICS.
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message from Phillip
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click here
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