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

Second Edition - A New and Improved Publication

Operational personnel, procurement teams, engineers, and reliability professionals are increasingly being held accountable for materials and spare parts inventory management and in response they need to gain a better understanding of materials and spare parts inventory management principles and practices.  This book delivers just that.

Virtually a brand new book, this new and much larger second edition features a tighter focus on engineering materials and maintenance spares inventory, while providing broader coverage of the issues faced in managing this inventory. This book will be useful to anyone in industry who needs or wants to optimize inventory and increase cash flow.

New features that make this an even better book:

• New chapters on the Mechanics of Inventory Management (chapter 2), People and Processes (chapter 4), Policies and Procedures (chapter 5), and Case Studies (chapter 11), with an expanded chapter on the Financial Impact of Inventory (chapter 3) that includes a discussion of the key reports everyone must understand.

• Expanded discussion of the key issues and how to address them, such as: Four 'inventory home truths' that will help you to crack the inventory code: An examination of 'squirrel stores' and why you would be nuts to keep them; A review of the application of 'lean' principles for storeroom management.

• The transformation of the central process presented in the first edition into a much more comprehensive review process: the Inventory Process Optimization™ Method, which combines knowledge of parts usage, procurement, and supply chain issues with a review of behaviours and the management processes that drive them. Implementing this process leads to increased inventory reduction, longer lasting solutions, and reduced risk.

• A much larger range of figures and diagrams, including 8 new checklists for implementation and 36 new diagrams and tables

The concepts, ideas, tools, and processes in this book have helped many companies achieve and sustain results that other inventory tools and approaches just could not match.  This book will help you achieve true inventory optimization.

Download the Table of Contents and the Index of Tables of Figures

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Phillip takes a common sense approach to one of maintenance and engineering's least understood topics.  He dispels some of the commonly held myths and gives real life examples of how to optimize your spare parts management - essential reading for those who want their spare parts system to support their reliability initiatives.

Cliff Williams
Operations Maintenance Manager
Erco Worldwide

Phillip presents the philosophy of real inventory optimization in a clear, logical and pragmatic manner, so that everyone in the materials management chain can understand and be part of the process.  Following the steps he has detailed will certainly give a continuing competitive advantage to any aircraft operator, which could be the tipping point for flourishing, when others are just surviving in this extremely volatile and cutthroat industry.  I wish I had read this book years ago! 

Thomas H. Carroll III

Director of Maintenance Technical Services

NetJets^® Services

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