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How to Eliminate Excess and Obsolete Inventory

Excess or obsolete inventory is often the result of misaligned parts consumption and ineffective forecasting. The result is lost cash that could be spent in other areas of your business, such as purchasing new equipment, investing in marketing or improving production processes. In this article, we’ll discuss the causes of high inventory holdings and provide effective solutions for reducing or eliminating slow-moving or dead inventory. Read more about How to Eliminate Excess and Obsolete Inventory

OSHA regulation printout on clipboard

White House Issues Executive Order on COVID-19 Precautions

White House Issues Executive Order on COVID-19 Precautions White House Issues Executive Order on COVID-19 PrecautionsSince the beginning of the pandemic, OSHA has issued $3.9M in citations for employers failing to… Read more about White House Issues Executive Order on COVID-19 Precautions

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You’ve Got to Be Kitting!

Martin’s Kitting Services have helped numerous Customers increase efficiency, achieve cost savings, reduce inventory and improve cash flow. Read more about You’ve Got to Be Kitting!

woman in industrial storeroom using vmi scanner

When to Use Vendor Managed Inventory (VMI)

If your inventory has gotten out of control, entering into a Vendor Managed Inventory (VMI) agreement with a reputable partner may be the right solution for your company. Read more about When to Use Vendor Managed Inventory (VMI)

Parts Standardization and Asset Reliability

Parts Standardization and Asset Reliability

Most parts standardization efforts begin with scrubbing the current inventory and removing duplicate items and concentrating on only the most robust. Read more about Parts Standardization and Asset Reliability

The Storeroom and Mean Time to Repair (MTTR)

The Storeroom and Mean Time to Repair (MTTR)

MTTR is synonymous with maintainability. An asset’s availability is increased when we improve the asset’s maintainability. We improve maintainability by decreasing the MTTR. Read more about The Storeroom and Mean Time to Repair (MTTR)

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The Storeroom and Mean Time Between Failure (MTBF)

The storeroom helps by having the right part, at the right time and in the right quantity. Like-for-like part replacements help protect the inherent reliability. Read more about The Storeroom and Mean Time Between Failure (MTBF)

The Storerooms Role in Asset Reliability - Martin Supply

The Storeroom’s Role in Asset Reliability

The storeroom helps by having the right part, at the right time and in the right quantity. Like-for-like part replacements help protect the inherent reliability. Read more about The Storeroom’s Role in Asset Reliability

lean supply chain factory line

Establishing a Lean Supply Chain in Nine Easy Steps

Martin Supply has your guide to establishing a lean supply chain and how to get your lean process in motion with nine easy steps. Read more about Establishing a Lean Supply Chain in Nine Easy Steps

forklift in industrial storeroom facility moving mro products

Best Practices for Moving a Storeroom

Martin Supply’s guidelines for moving a storeroom can help your company operate better. By following our tips, moving your storeroom can proceed stress-free. Read more about Best Practices for Moving a Storeroom

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