Spare Parts Inventory Management by Phillip Slater

This book delivers an actionable framework for optimizing maintenance, repair, and overhaul (MRO) inventory. Slater introduces the discipline of "Sparesology" to demonstrate that generic supply chain practices fail when applied to spare parts, which require engineering-based and data-driven management instead. The text provides a systematic, lifecycle approach to balancing the steep financial costs of equipment downtime against the expenses of holding excess stock. By addressing critical operations like determining part criticality, initial stocking levels, storeroom efficiency, and obsolescence management, Slater provides a practical blueprint for organizations looking to build a reliable and cost-effective parts supply chain.