Join Tim McLain and Justin Lester as they talk about all topics that will help you navigate the fundamentals of Indirect Material Supply Chains, to build on a strong foundation so you can realise significant improvement across your business.
...popcorn provided upon request
Welcome to Lexin Solutions new Podcast Series! Join our Chief Strategy Officer (Tim McLain) and North American Partner and Principal (Justin Lester) as they take you on your indirect material supply chain journey.
In this episode, Justin and Tim start you off with the basics: Blocking and Tackling. What is MRO, and where does it fit in your business?
Justin and Tim share the guiding principles around how Lexin Solutions helps you REDUCE RISK at the LOWEST POSSIBLE COST. What's the purpose of MRO? Watch to understand our slice of the world, just a little better.
In this insightful and highly entertaining episode, Justin and Tim share the truths around why people think we should be cataloging inventory vs. what the actual benefits of maintaining a common catalogue provides.
Tim & Justin start adding the meat on the bones now, setting us up for the next 5-7 episodes where they dive into the MRO Flow, and eat of the elements that make up the Indirect Material Supply Chain.
Tim & Justin stitch together the link between your Maintenance & Engineering Teams, and the Warehouse and Inventory Management teams. This is the first step to help you optimize your Indirect Materials Supply Chain, and begin to strengthen your relationships across these critical functions.
Tim and Justin take you through the next step of the MRO Flow: Checking Inventory. Watch as the team continue to stitch the flow together, explaining why it's so important to eat from the pantry.
Looking to remove weeks out of your supply chain? Constant fighting between operations and supply chain? Justin shares his insight on how effective a good MRP Process can be and how Supply Chain and Operations can set each other up for success.
Tim & Justin speak about both the finance and physical warehouse aspect of Receiving Parts. The boys highlight the importance of timely receiving and receipting of parts, and how this has a follow on effect to your inventory management and vendor management.
In this episode, the boys dive into kitting: enabling the warehouse to provide a superior service to their maintenance and engineering colleagues on the other side of the same coin.
The boys share how and when you should be issuing parts to work orders, and the impact this has on your accounting practises throughout the year. If done right, this will save you time (and money) when forecasting spend.
Tim and Justin have delivered yet again, with a surprise Christmas Special, sharing their experiences with SAP and how their curiosity helped them progress their careers by utilizing all that their ERP systems had to offer. The shirts alone are worth the watch...
Our Season 1 finale finishes with the last step of the MRO Flow: Returning Parts. With the foundations now in place, we look forward to you joining us for Season 2, in early 2025, where the team will start showing you how these individual steps can be used to optimise and transform your business practises.