SparePartsKnowHow Launched For Exclusive Access to Answers About Spare Parts and Inventory Management

Top Quote At, Membership Provides Exclusive Access to Answers about Spare Parts and Inventory Management. End Quote
  • (1888PressRelease) February 08, 2012 - Austin, Texas - How many times have professionals wished that they had an expert at their fingertips when issues and questions arise regarding their profession? How many times have managers paid for services without receiving any return? For inventory, spare parts, and maintenance managers and engineers, ready access to expert opinion along with a quantifiable ROI becomes reality with the launch of serves as a 'warehouse' of information to help managers save money and manage their stockrooms, inventory, and spare parts. Hosted and written by international expert Phillip Slater, this website offers superior educational materials about the issues of inventory and spare parts management and provides strategy for reducing costs.

    Mr. Slater is a Materials Management Specialist and the author of four books, including Smart Inventory Solutions (Industrial Press, 2nd Ed.). With more than 25 years of operational experience, he has spent the past 10 years as an independent consultant assisting 297 companies worldwide and over 1,000 storerooms with cumulative value of $3.5bn of inventory achieve better inventory outcomes.

    "I noticed that expert opinion and commentary on inventory and spare parts management and on-line training was difficult to find - especially in one place. Through, I am hoping to fill that void," stated Mr. Slater. "In addition, since my consulting practice and speaking engagements take me around the world, I discovered that not all companies could afford consulting services despite its many benefits. I wanted to share tried-and-true cost reduction managerial practices for inventory and spare parts management at an affordable price to help these managers lower costs through effective materials management."

    By becoming a member of, individuals gain access to expert instruction on different aspects of materials and spare parts management including optimization, policies and procedures, reporting, and implementation. In addition to receiving access to the materials and spare parts management knowledge base, clients will receive four online training sessions per year.

    "One of the great frustrations of MRO Materials Management is feeling alone trying to improve a business model when the masses only "want their parts". Now that I have a resource like, I can focus on achieving measureable results using proven methods. There is no need to create solutions based on trial and error or a collection of past paperwork. is an excellent repository of good practices and Mr. Slater provides valuable service through webinars and one-on-one discussions that can assist 'drilling down' to find opportunities," said Russ Thompson, MRO Inventory/Purchasing Manager, Idahoan Foods.

    Since the site's launch in October, managers are already seeing results. One member inventory manager estimated that his company will realize savings of over $250,000 in the first year alone.

    To learn more about spare parts and inventory management, please visit the website

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