The FASTER Win Parts Room
Nuts and Bolts to Innovation
Lynn 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 lowerpermission 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!