Don't Let Your MRO Inventory Manage You: Part 1

PART ONE: ESTABLISHING A STOREROOM FOR SPARE PARTS

As a reminder, here is the current state that is likely to exist in this case:

Parts are scattered around the site, maybe organized but most likely not. If anyone knows what’s there – let alone how many and what condition they are in – it’s probably in someone’s head, in a notebook or possibly in a spreadsheet if you’re really lucky. Some of it is usable, some not. The department owner orders parts with little consideration as to lead time, price, quality, or reliability. The directive given to the purchasing department is “just get me what I want as soon as possible.” There’s no sharing of information, which can lead to duplicate parts purchases. If the part is needed urgently, you may even pay extra to expedite it.