How to Optimize Your Maintenance Spare Parts Inventory | Business Performance Improvement

Want to optimize your spare parts inventory? Download the FREE list of barriers to an optimized maintenance spare parts inventory at: http://www.strategydriven.com/maintenance-inventory-optimization/

Call or text now for a FREE consultation: +1 (678) 313-0150. Prefer email: [email protected]

How to Optimize Your Maintenance Spare Parts Inventory explores the challenges causing inflated parts inventories, high expediting costs, and unnecessary warehouse spoilage and obsolescence.

Economic demands place increasing pressure on executives and managers to reduce costs while maintaining high levels of operational safety and reliability. For Work Management and Supply Chain leaders, areas of potential savings lie with:

- optimizing inventory levels while reducing associated carrying costs,
- minimizing or eliminating expediting costs, and
- eliminating losses incurred as parts become obsolete in the warehouse

… while providing the highest level of parts availability.

While every company’s circumstances are unique, StrategyDriven Advisors observe significant avoidable expenses incurred because of work management – supply chain program misalignments, including:

- inventory reductions of 10 – 25 percent
- near elimination of expediting costs
- significant reductions in warehouse spoilage and obsolescence

For more information regarding the barriers to optimizing your parts inventory, download the FREE list of barriers to an optimized maintenance spare parts inventory at: http://www.strategydriven.com/maintenance-inventory-optimization/. This document presents the sixteen most commonly occurring work management – supply chain program barriers StrategyDriven Advisors have identified when helping clients optimize their inventories. We believe these barriers represent an excellent starting point to evaluate the sufficiency of your company’s maintenance spare parts inventories.

Should you need assistance in determining whether or not your maintenance inventory is optimized, StrategyDriven’s Advisors stand ready to assist you. Please contact us at +1 (678) 313-0150 or [email protected].

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