Smart Inventory Solutions. Phillip Slater
rel="nofollow" href="#ulink_8307b0f0-bf03-5824-bb4e-dbd21c47b319">2-1Relevant Terms and Expressions
Chapter 3: The Financial Impact of Inventory
3-1The Impact of Reduced Inventory
3-2Examples of Actions and Their Impact
Chapter 7: The Spare Parts Storeroom
7-1Comparison of Demand Data
7-2Results for Scenario 1
Chapter 9: Inventory Process Optimization™
9-1Categories for Spares Inventory
Chapter 11: Case Studies
11-1Issues and Mitigation Actions
11-2Management Issues Identified
Figures
Chapter 2: The Mechanics of Inventory Management
2-1The Materials and Inventory Management (MIM) Cycle
2-2The Classic Theoretical Saw Tooth Diagram
2-3Actual Component Demand/Supply Chart
2-4The Normal or Gaussian Distribution
Chapter 3: The Financial Impact of Inventory
3-1The Traditional Inventory Tension
3-3Example of the Asset Section of a Balance Sheet
3-4Example of a Calculation Sheet
Chapter 4: People and Processes
4-1Simplified Supply Chain
4-2The MIM Cycle
Chapter 5: Policies and Procedures
5-1Confidence Level for Spares Availability
5-2Spares Category Decision Tree
5-3Spares Stocking Policy Checklist
Chapter 7: The Spare Parts Storeroom
7-1Demand Profile Without a Squirrel Store
7-2Demand Profile With a Squirrel Store
7-3Average Inventory Increases 264% with a Squirrel Store
7-4The Principles of Lean Thinking
Chapter 8: The 7 Actions for Inventory Reduction
8-1The Bath Tub Principle
8-2Double Loop Vs. Single Loop Learning
8-3The ‘7 Actions for Inventory Reduction’
8-4Action #1
8-5Action #2
8-6Action #4
8-7Action #5
8-8Action #6
8-9Action #7
Chapter 9: Inventory Process Optimization™
9-1The Inventory Process Optimization™ Method
9-2Cumulative Value Curve
9-3Pareto Principle Case Study A
9-4Pareto Principle Case Study B
9-5Summary of When to Apply Which Action
9-6The Process Acts as a Decision Making Filter
9-7The Step-by-Step ICR® Process
9-8Typical Inventory Review Spreadsheet
9-9An ICR® List Sorted by Bin Value
9-10Example Cumulative Value Curve
9-11An Expanded Spreadsheet
9-12The Completed Spreadsheet
9-13Software Makes It Easier to Track the Process
9-14Identify the Long Tail of Items that Add No Value
9-15Identifying the Over Stocked Items
Chapter 10: Execution: Taking Action to Achieve Results
10-1The Inventory Review Champion ‘Sweet Spot’
10-2The Sequence of Activity for an Inventory Review Program
10-3Inventory Program Reporting Template
10-4The Stock Decision Checklist for Engineering Inventory
10-5The Stock Decision Checklist for General Inventory
Chapter 11: Case Studies
11-1Four Stages Implementation Process
11-2Communicating Procedures
11-3The Process Implemented
11-4Pareto Results for Two Locations
11-5Example of Inventory Tracking ‘Dashboard’
11-6Initial Results
11-7Results Achieved Over Time
Phillip Slater is a leading authority on materials management and specifically, engineering spares management. He regularly speaks at Engineering and Asset Management conferences, writes articles for magazines worldwide, and provides services to a diverse range of clients globally. He has also authored several books.
With nearly 25 years of operational improvement experience Phillip Slater provides a broad combination of skills and experience.
Phillip has been leading organizational turnarounds in maintenance and operations since he was 24 years of age and, as