Gate Keeping the Storeroom: The Key to Sustainable Materials Management
2 hour recorded webinar, recording available now
Speaker: James Kovacevic
An Accendo Reliability 2-hour webinar event focused on providing you practical content to improve your reliability program today.
Sustainable storerooms and spare parts programs require the right management and governance to be successful. Without this governance, the storeroom inventory continues to grow and leads to an abundance of spares that will end up being obsolete.
In addition, the excessive inventory causes the business to tie up cash, which it could be used elsewhere. The principle way to govern a number of spares in the storeroom is to implement a policy and procedure in which all new parts requests are evaluated, prioritized and ultimately accepted or rejected for stocking in the storeroom. This management practice can yield significant improvements for not only the maintenance department but also the business.
In order to make this process work, the business needs to establish criteria in which spare parts are evaluated and decisions made. These criteria can be a source of fear for many in the maintenance department and storeroom as it could lead to stock-outs. These criteria need to be based on the individual business performance and needs.
The end result of implementing a process such as this is a storeroom which improves the performance of not only the maintenance department but the business as well.
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