Critical Spares and a Mailbox: O’Henry, Where Are You?
Published May 3, 2016
A major target of cash/cost recovery is MRO inventory that is not moving, the items considered to be obsolete. CFOs are usually charged with recovering the cash that is invested but, in the case of critical spares, there are times when so called dead inventory includes a part that is no longer manufactured but critical to […]Read the full blog post at My Purchasing Center
In Over their Heads or a Deliberate Mess Up?
Published April 4, 2016
Never ascribe to malice that which can adequately be explained by incompetence—Napoleon Bonaparte This quote places a somewhat positive spin on actions that cause failures in operational procedures. In plain words, he avers that individuals who mess up an assignment or an operation should not be accused of deliberate sabotage; rather they should be viewed […]Read the full blog post at My Purchasing Center
The MRO Supply Chain Vertically Integrated?
Published March 1, 2016
Merriam-Webster says “… Vertical integration is the combining of manufacturing operations with sources of materials and/or channels of distribution under a single ownership.” Hypothesis: Suppose the entire MRO supply chain is owned by one company from manufacturing through distribution.Read the full blog post at My Purchasing Center
Throughput and MRO Connected? Who Would have Thunk it?
Published April 1, 2016
One of my best friends, Alice C., has been named the CEO of a consumer products company, HHPC (fictitious name, fictitious company; real scenario) with six manufacturing locations spread across the U.S. This highly competitive market requires that HHPC products be delivered on schedule with quality levels that insure market expansion. HHPC has six critical […]Read the full blog post at My Purchasing Center
Failure and Success–and Wrong and Right–in MRO
Published January 4, 2016
Many scientists espouse the theory that success (new developments) cannot occur without failure. School students learn that only success is good and failure is always bad. Maybe they should be taught that failure is the basis for success, because, without failure, the need for change is denied. If “X” process is allowed to continue and […]Read the full blog post at My Purchasing Center