Abstract

This article presents a 12-step program to improve your spare part inventory.

What about bloated inventories? What about warehouses overstocked with inactive and unusable parts? What about investment that is literally “going through the roof?” These are all indications of poor inventory management, yet there are still some people out there who, despite these symptoms, continue to cram more and more material into every available nook and cranny. Even though they know it’s wrong, internal and external forces make them feel powerless to do anything about it. What can be done for materials managers with a desire to stop this dangerous behavior?

 

Published at reliableplant.com. Read the full article here

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