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Surviving the Spare Parts Crisis

The maintenance spare parts business is in turmoil. There have been fundamental changes in the sale, distribution, and storage of spare parts needed to maintain machinery and other physical assets. The key to uptime in manufacturing is managing risk, and Surviving the Spare Parts Crisis: Maintenance Storeroom and Inventory Control by Joel Levitt describes how to evaluate risk in the inventory. Levitt shares knowledge he has gained over more than 30 years of consulting companies and providing training to professionals who are facing problems with their spare parts inventory. His latest book shows how the maintenance department can provide better support to purchasing agents and buyers. It provides dozens of ideas to properly reduce inventory, reduce usage, and save money in parts, all while maintaining service levels. This text is the only one available that not only covers the conventional wisdom, but also deals with the new realities of today's market space. This is an ideal resource for maintenance managers, planners, and engineers; parts specialists; supply chain managers; and anyone involved in purchasing.
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Table of Contents

Already a hero; Vocabulary of stores and inventory; Vision and what are we really doing?; Modern production gives us the tools for maintenance planning; POV impacts how people view the storeroom; Misalignment of accountability and realignment of accountability; Common comments about good and bad stockrooms; How well do you know your current operation?; Spare Parts Inventory: An Exercise in Risk Management; Is the maintenance inventory a completely different kinds of entity?; Maintenance policy leads to the stocking policy; The big picture: Where the warehouse fits in with purchasing, accounting, and traffic; Storeroom management; Computerization; The physical stockroom; Weird economic anomaly; The economic stockroom; SIC (Statistic Inventory Control); Maintenance impact on inventory; Dealing with the part itself; Parts as a business; Remanufacture versus replacement; Component rebuilding; Metrics and KPIs for the maintenance warehouse; Bright future for the spares business.

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