Spare Parts Inventory Management: A Complete Guide to Sparesology (R)addresses the issues confronting personnel during the entire life cycle of inventory management, from establishing a system for management, identifying the need for a part,to physical management, and even final disposal. All areas involving spare parts inventory are considered, including financial implications, developing processes that allow for good decision making, establishing a robust parts identification system, operation, maintenance, procurement, and stock takes.As a spare parts expert with extensive industry experience, author Phillip Slater has coined the word Sparesology to refer to the discipline of optimizing the physical and financial processes, as well as the human resource management of spare parts.More than just inventory optimization, Sparesology requires an understanding of the complete ""ecosystem"" within which spare parts are managed, and seeks to ensure that ALL factors influencing spare parts management work together in harmony to achieve and sustain an organization's goals.

Spare Parts Inventory Management: A Complete Guide to Sparesology | Phillip Slater (Author) | Industrial Press Inc.,U.S.

Table of Contents
PART 1: The Spare Parts Management System 
Your Management Systems Either Are Designed or Evolve Randomly, What are MRO and Spare Parts?, Why Spare Parts are Different (from Other Inventory Types), Five Common Supply Chain Techniques That You Should Not Use for Spare Parts Management, The Number One Problem with Spare Parts Inventory Management, The Big Picture-Putting Spare Parts Management in Context, Maintenance Alone Won't Solve Your Spare Parts Problems, Spare Parts Management Requires Collaboration, Not Just Cooperation, Financial Considerations, Follow the Money-Accounting for Spare Parts, The Key Elements of a Spare Parts Management System, A Quick Word on Multi-echelon Systems, Inventory Prevention, Spare Parts Inventory Management Policies, Categories; Procedures, Developing a Spare Parts Identification System, Best Practice Spare Parts Management Research, The Best Practices that Make a Real Difference, 10 Key Lessons: The Spare Parts Management System

PART 2: Create and Stock
Introduction, Deciding What to Stock, The Pros and Cons of Spare Parts Standardization, Capital Equipment and the Spare Parts First-Time Buy, Spare Parts and Criticality, A Practical Method for Setting Spare Parts Holding Levels, 10 Key Lessons: Create and Stock

PART 3: Operations
The Longest Part of the Cycle, Forecasting Spare Parts Requirements, Inventory Optimization, Managing Rotable and Repairable Spares, Storeroom Management, How to Achieve 100% Inventory Accuracy-A Preventive Approach, The Practical Application of Bar Codes, Materials Data Management and Cleansing, Integrated Maintenance and Spare Parts Planning; Spare Parts Procurement Issues, 10 Key Lessons: Operations

PART 4: Obsolescence and Disposal
Obsolescence and Disposal is Part of the Life Cycle, Managing Obsolescence, Managing End of Life and Last-Time Buy, Spare Parts Disposal, 10 Key Lessons: Obsolescence and Disposal.