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Phillip Slater's

Inventory Revolution

Materials and Spare Parts Inventory Management & Optimization

Since 2001 Phillip has advised:

  • 315 companies

  • with +1,000 storerooms

  • holding $3.6bn of inventory

USA and Canada Call 800-581-7678

Australia and Other Countries +61 3 9331 3181

 

Materials and Spare Parts Management Report

 

 

What are your company's materials and spare parts management strengths and weaknesses?

 

You know that everyone on your team is doing their best to deliver the right outcomes. But to truly understand how you are performing you still have questions that you would really like to have answered:

  • How does your approach to materials and spare parts management measure up against best practices?

  • What are your strengths and weaknesses?

  • What aspects of materials and spare parts management should you work on first to drive improvements?

The Materials and Spare Parts Management Report will help you to answer these questions.

   

About the Report

     

 

What is it?

An opportunity for you to obtain genuine insight into your spare parts management practices. Discover and understand the strengths and weaknesses in your company's approach to materials and spare parts management. 

 

The report is simple.

 

We use a matrix of management practices that covers five key areas of materials and spare parts management. The matrix includes 25 separate elements and each element has four levels of response. The report uses elements from our Materials and Spare Parts Management X-Ray Tool.

 

Using the report matrix we will, together, build a profile of your current performance. Using this profile you will easily see how you measure up against good practice.

 

In the report points are awarded for each response level with 0 being the lowest and 3 the highest.  The maximum score that can be attained is 75 points. When completed we provide a series of charts and tables for your own analysis and score your performance.

 

 

 

How is it completed?

To keep the responses consistent the report is conducted via one-on-one interviews using online tools so that we can both simultaneously see the matrix of answers.

 

Also, many companies involve a number of their team in the discussion and use this as an opportunity to get everyone 'on the same page'.

 

Usually the interview takes about 45-60 minutes to complete.
 

What’s in it for you? 

Within a week of the interview you will receive a  customized report showing where you stand in the performance matrix and identifying where your company needs to act to improve performance.

 

You can then use this report to guide your improvement plan.

 

This is a completely objective analysis of your materials and spare parts management.

     

 

Who should participate? 

Companies that will benefit the most from this report will typically be in manufacturing, mining and process industries and will be characterized by their large engineering based assets and reliance on materials and spares for ongoing operational success.

 

To date a large range of companies from different industries and many different countries have benefited from their personalized report. In fact, in the past two years we have reviewed more than 180 storerooms using this unique tool.

 

Confidentiality Assured

Please note that your information will be completely confidential - at no time will your company name be used in conjunction with the information, except in the individual report sent back to you.  

 

 

A radar chart shows the relative strengths and weaknesses

     

Why not include your 'sister  plants' and use this as a tool for internal benchmarking!

   

Selected comments from past participants:

  • Thought provoking survey questions and the results were summarised and presented in an easy to understand format.

  • Professional feedback on what's going well & what requires attention.

  • Valued the identification of the areas where we have to improve.

  • Good insight where to address problems

  • A very good pragmatic review that provides a clear structure for improvement.

  • Able to see where we are at in terms of spares management

  • First class!

Initiate Action Pty Ltd

USA and Canada Free Call 800-581-7678

Everyone else phone: +61 3 9331 3181