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Smart Inventory Solutions: 7 Actions for MRO and Indirect Inventory Reduction epub download

by Phillip Slater


Phillip Slater has more than 22 years of business improvement experience

Phillip Slater has more than 22 years of business improvement experience. While the last 12 of these have been spent in operations and management consulting, the first 10 were spent 'hands on' in industry learning by direct experience. It was during this time, and by learning from both his successes and failures, that Phillip developed many of the approaches that his company, Initiate Action, applies today.

Sustainable Inventory Reduction : 7 Actions for Mro and Indirect Inventory Reduction. Smart Inventory Solutions is the result of the author's time spent working with clients and studying the issues people face in trying to achieve their inventory reduction. This landmark manual shows you the seven Actions for Inventory Reduction so you can easily, efficiently and sustainably achieve your inventory reduction, free up cash, and reduce your costs without risk and impact on your.

An Introduction to the Inventory Cash ReleaseTM Process Why ‘Less Is More’ 5 Myths of Inventory Reduction The Issues That Drive Excess Inventory Maximum Results, Minimum Effort 7 Actions For Inventory Reduction.

An Introduction to the Inventory Cash ReleaseTM Process Why ‘Less Is More’ 5 Myths of Inventory Reduction The Issues That Drive Excess Inventory Maximum Results, Minimum Effort 7 Actions For Inventory Reduction Managing Non Pareto and New Inventory Your Opportunities and Next Actions Appendix A: Inventory Reduction Glossary Appendix B: Data Collection Guide. KABDWAL BOOK INTERNATIONAL was established on 28 Febuary 2003. We began our journey by marketing traditional technical and management books. In 7 years of working we have realized from our Customers the need of International Standards.

Smart Inventory Solutions is the result of the author’s time spent working with clients and studying the issues people face in trying to achieve their . Smart Inventory Solutions: 7 Actions for MRO and Indirect Inventory Reduction. 083113321X (ISBN13: 9780831133214).

Smart Inventory Solutions is the result of the author’s time spent working with clients and studying the issues people face in trying to achieve their inventory reduction. This landmark manual shows you the seven Actions for Inventory Reduction so you can easily, efficiently and sustainably achieve your inventory reduction, free up cash, and reduce your costs without r Smart Inventory Solutions is the result of the author’s time spent working with clients and studying the issues people face in trying to achieve their inventory reduction.

What's more it will show you: What to do to truly optimize your inventory holdings, Why inventory levels are almost always too high, How to identifying the factors that have greatest impact on your inventory levels, When to apply the 7 Actions for Inventory Reduction, Where to focus your.

What's more it will show you: What to do to truly optimize your inventory holdings, Why inventory levels are almost always too high, How to identifying the factors that have greatest impact on your inventory levels, When to apply the 7 Actions for Inventory Reduction, Where to focus your efforts for greatest effect, and Who to involve in taking action. 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

Smart inventory solutions: 7 actions for MRO and indirect inventory reduction

Smart inventory solutions: 7 actions for MRO and indirect inventory reduction. Slater Ph. Total Productive Management: Grundlagen und Einführung von TPM-oder wie Sie Operational Excellence erreichen, 3. korr. Achieving a competitive advantage through superior operations is what the authors refer to as the "operations edge.

For 30 years Phillip Slater has been known for his practical approach to solving problems. Smart Inventory Solutions: 7 Actions for MRO and Indirect Inventory Reduction Jan 01, 2007. This approach is evident through all of his books, including Spare Parts Inventory Management, Smart Inventory Solutions, and The Optimization Trap, sales of which have extended Phillip's influence to more than 46 countries. com, and in 2012 the Logistics Association of Australia presented Phillip with an award for Leadership in Logistics Education.

Smart Inventory Solutions: Improving the Management of Engineering Materials and Spare Parts. Phillip Slater is a true expert who brings the issues involved in spare parts inventory management to the public attention constantly. A complete, clear, well supported, and practically applicable guide, Spare Parts Inventory Management A Complete Guide to Sparesology(R) is a must-read for those who decide on spare parts inventories. The general problem with spare parts inventory management is that it is regarded and thus approached as just another "general" inventory challenge.

The Spare Parts Storeroom. The 7 Actions for Inventory Reduction. Inventory Process Optimization. Executions: Taking Action to Achieve Results. Where to From Here? Bibliography. Appendix A: Materials and Inventory Management Glossary.

Save up to 80% by choosing the eTextbook option for ISBN: 9780831191085, 0831191082. The print version of this textbook is ISBN: 9780831134013, 0831134011.

Smart Inventory Solutions is the result of the author’s time spent working with clients and studying the issues people face in trying to achieve their inventory reduction.This landmark manual shows you the seven Actions for Inventory Reduction so you can easily, efficiently and sustainably achieve your inventory reduction, free up cash, and reduce your costs without risk and impact on your capability. Additionally, it shows you the author’s self-developed Inventory cash release process™ to follow, the mistakes to avoid and a sure fire approach that minimizes your workload. In fact you'll learn how to generate better results for these types of inventory. 

Shows you how to eliminate 100% excess of inventory and reduce inventory related working capital by up to 40%. Illustrates how to reduce your ongoing inventory management costs. Helps you develop the skills of your team to enable ongoing inventory management and independence. Provides 20 exclusive case studies and real life examples. Can be applied to all ‘bought in’ inventories such as parts and components, finished goods, OEM spares, MRO inventory, engineering spares, and industrial supplies. Includes a data collection guide.

Smart Inventory Solutions: 7 Actions for MRO and Indirect Inventory Reduction epub download

ISBN13: 978-0831133214

ISBN: 083113321X

Author: Phillip Slater

Category: Business and Money

Subcategory: Management & Leadership

Language: English

Publisher: Industrial Press, Inc.; 1 edition (January 1, 2007)

Pages: 180 pages

ePUB size: 1607 kb

FB2 size: 1151 kb

Rating: 4.4

Votes: 177

Other Formats: mbr lrf rtf doc

Related to Smart Inventory Solutions: 7 Actions for MRO and Indirect Inventory Reduction ePub books

Steamy Ibis
This manual would also be a good "first read" for the non-inventory/purchasing/finance individuals within in a business to get a good baseline introduction to the cash impacts to business and the opportunities to minimize those impacts.

Additionally if you are a running a small or new business, or even a larger business that has never considered engaging in MRO/Indirect inventory management in the past this manual would be a good "first read."

If you don't fall into one of these two categories this manual is painfully lacking in what you are really looking to get; discrete processes, studies, known "best practices" , financial models, reliability assessments, etc. that you really need to get alignment across an organization and drive real sustainable change.

One last bit of criticism is the first half of the books seems to do nothing other than tell you what the second half of the book is going to show you and the whole book comes off as a "Consulting Sales" pitch. (I almost wanted to go back and count how many times "Inventory Cash Release(tm) Process" was mentioned and a second count on how many times it was referred to a great, 100% complete or only effective process.)

Personally I (13 years of inventory management) didn't get much from the manual but I do plan on recommending it to the non-inventory professionals that are on our various MRO inventory teams (along with some Maintenance and Reliability centered texts) as it is an very easy to read and understandable to the layman.
Steamy Ibis
This manual would also be a good "first read" for the non-inventory/purchasing/finance individuals within in a business to get a good baseline introduction to the cash impacts to business and the opportunities to minimize those impacts.

Additionally if you are a running a small or new business, or even a larger business that has never considered engaging in MRO/Indirect inventory management in the past this manual would be a good "first read."

If you don't fall into one of these two categories this manual is painfully lacking in what you are really looking to get; discrete processes, studies, known "best practices" , financial models, reliability assessments, etc. that you really need to get alignment across an organization and drive real sustainable change.

One last bit of criticism is the first half of the books seems to do nothing other than tell you what the second half of the book is going to show you and the whole book comes off as a "Consulting Sales" pitch. (I almost wanted to go back and count how many times "Inventory Cash Release(tm) Process" was mentioned and a second count on how many times it was referred to a great, 100% complete or only effective process.)

Personally I (13 years of inventory management) didn't get much from the manual but I do plan on recommending it to the non-inventory professionals that are on our various MRO inventory teams (along with some Maintenance and Reliability centered texts) as it is an very easy to read and understandable to the layman.
Celen
I purchased two copies of this book, one for myself and one for our purchasing manager when we were tasked with putting together a presentation on inventory reduction. The concepts in this book are laid out in a clear, concise manner and we really used this as a work book throughout the process of building our presentation. The graphs and examples throughout the book help to clarify ideas and are easy to understand. While the task of inventory management varies from business to business, the concepts in this book are universal and can be applied in many different environments. I found it to be insightful and would recommend to anyone who is trying to manage inventory more effectively.
Celen
I purchased two copies of this book, one for myself and one for our purchasing manager when we were tasked with putting together a presentation on inventory reduction. The concepts in this book are laid out in a clear, concise manner and we really used this as a work book throughout the process of building our presentation. The graphs and examples throughout the book help to clarify ideas and are easy to understand. While the task of inventory management varies from business to business, the concepts in this book are universal and can be applied in many different environments. I found it to be insightful and would recommend to anyone who is trying to manage inventory more effectively.
Arashigore
great information
Arashigore
great information
Pameala
I recently read two books written by Phillip Slater. This one and A New Strategy for Continuous Improvement. In both, Slater's primary focus is on what to do and how to do it. He thinks sequentially and, in this volume, suggests seven actions for materials resource planning (MRO) and indirect inventory reduction. There are no head-snapping revelations, nor does Slater claim to offer.

The format of this book allows the reader to record in designated areas within the narrative her or his responses when completing a series of exercises. For example, on page 29, Slater asks his reader to identify how the five myths of inventory reduction may be impacting her or his organization's inventory reduction efforts. That is an excellent issue to address and is relevant to the given context, so it will generate more useful information than will the request on page 49 when Slater asks his reader to list "issues" (any kind?) concerning her or his company, a location/division, and the date(s) to which the issues refer. The precision and clarity of exercise design vary throughout the narrative.

Although this is a book that an individual can read and benefit from, its greatest value will be derived (in my opinion) only if several members of a team read it, complete the exercises, and then share their responses. The ultimate objective should be a single document that can then serve as a game plan when the team proceeds to implementation ("taking action"), which Slater discusses in the final chapter. The material is sound and carefully organized. The exercises will permit readers to interact with the material in an orderly way. To accommodate inevitable revisions, I suggest that the exercises be completed with a #2 pencil, one with a sturdy eraser.

I have rated this book higher than his other book, A New Strategy for Continuous Improvement, because it has more substance but again wish he had developed his core concepts in much greater depth (the narrative is only 151 pages in length, with wide spacing between paragraphs, followed by four appendices) and had he included several real-world (as opposed to hypothetical) examples to illustrate some of his key points. As is, this is a hybrid volume (part "manual" as he frequently refers to it, part workbook) that provides a basic introduction to an important business subject. If and when revised for a second edition, this document could and should offer more substance (i.e. value), given its cost of purchase.

Those in need of broader and deeper coverage of inventory management are urged to check out David J. Piasecki's Inventory Accuracy: People, Processes, & Technology, Best Practice in Inventory Management (Second Edition), Inventory Management and Production Planning and Scheduling (3rd Edition) co-authored by Edward A. Silver, David F. Pyke, and Rein Peterson, and Paul Bernard's Integrated Inventory Management.
Pameala
I recently read two books written by Phillip Slater. This one and A New Strategy for Continuous Improvement. In both, Slater's primary focus is on what to do and how to do it. He thinks sequentially and, in this volume, suggests seven actions for materials resource planning (MRO) and indirect inventory reduction. There are no head-snapping revelations, nor does Slater claim to offer.

The format of this book allows the reader to record in designated areas within the narrative her or his responses when completing a series of exercises. For example, on page 29, Slater asks his reader to identify how the five myths of inventory reduction may be impacting her or his organization's inventory reduction efforts. That is an excellent issue to address and is relevant to the given context, so it will generate more useful information than will the request on page 49 when Slater asks his reader to list "issues" (any kind?) concerning her or his company, a location/division, and the date(s) to which the issues refer. The precision and clarity of exercise design vary throughout the narrative.

Although this is a book that an individual can read and benefit from, its greatest value will be derived (in my opinion) only if several members of a team read it, complete the exercises, and then share their responses. The ultimate objective should be a single document that can then serve as a game plan when the team proceeds to implementation ("taking action"), which Slater discusses in the final chapter. The material is sound and carefully organized. The exercises will permit readers to interact with the material in an orderly way. To accommodate inevitable revisions, I suggest that the exercises be completed with a #2 pencil, one with a sturdy eraser.

I have rated this book higher than his other book, A New Strategy for Continuous Improvement, because it has more substance but again wish he had developed his core concepts in much greater depth (the narrative is only 151 pages in length, with wide spacing between paragraphs, followed by four appendices) and had he included several real-world (as opposed to hypothetical) examples to illustrate some of his key points. As is, this is a hybrid volume (part "manual" as he frequently refers to it, part workbook) that provides a basic introduction to an important business subject. If and when revised for a second edition, this document could and should offer more substance (i.e. value), given its cost of purchase.

Those in need of broader and deeper coverage of inventory management are urged to check out David J. Piasecki's Inventory Accuracy: People, Processes, & Technology, Best Practice in Inventory Management (Second Edition), Inventory Management and Production Planning and Scheduling (3rd Edition) co-authored by Edward A. Silver, David F. Pyke, and Rein Peterson, and Paul Bernard's Integrated Inventory Management.