The FASTER Win Parts Room

Nuts and Bolts to InnovationLynn Ritger

Software Integration Coordinator,

FASTER Asset Solutions

Newton’s Three Laws Of Motion

First Law:

Objects in motion or at rest tend to stay that way until acted upon by an

external force.

Newton’s Three Laws Of Motion

How does this apply to the parts room?

Your parts room operations and processes are not going to change themselves.

Newton’s Three Laws Of Motion

Second Law:

An object’s change in direction is directly proportional to the force

exerted upon it.

Newton’s Three Laws Of Motion

How does this apply to the parts room?

You get out exactly what you put in.

Newton’s Three Laws Of Motion

Third Law:

For every action, there is an equal and opposite reaction.

Newton’s Three Laws Of Motion

How does this apply to the parts room?

There is no free lunch… everything has a cost.

So how can FASTER help me improve my parts operations?

Four Critical Management Areas

1 – Inventory Management

2 – Process Management

3 – User Management

4 – Vendor Management

Inventory Management

- Be vigilant about inventory stock levels

- Enforce inventory efficiency standards

- Monitor and manage obsolescent parts

Process Management

- Ensure consistency in data entry

Process Management

- Ensure consistency in data entry

- Focus on efficient data processing

- Use default repair types

- Set up and use vendor warranties

TRACK EVERYTHING

User Management

- Create user groups with preset permission levels for different roles within the parts storeroom

- Establish sensible price override levels for lower-permission users

- Devise and enforce guidelines for parts ordering, receipts, and returns

Vendor Management

- Use the Default Vendor field on parts records to simplify the ordering process

- Set up “blanket” purchase orders to simplify accounting, if possible- Note: If individual purchase orders are required

for each order, be sure to close those PO’s when the orders are fully received

- Review vendor performance on a regular basis

Questions?

Thanks for your time!