Effective Spare Part Management

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Introduction

The management of spare parts and other materials needed for realization of the maintenance process is one of the key functions in physical asset management. Especially, for example, in the military and large public property ownership, power generation, chemical, motor and petrochemical industries, spare parts inventories can soon add up to tens of thousands of various items in a value of hundreds of millions RM. It is obvious that efficient spare parts inventory management can bring significant economies in operational costs. This workshop describes with examples how those economies can be made.

 How Will You Benefit

Upon completion of this programme, the participants will be able to :

  • Describe the savings that can be made from implementing an effective and economic spare parts stores system using both manual and computer systems.
  • Show the techniques which can be used in order to identify, control and coordinate the spare parts requirements on a daily and long-term basis.
  • Discuss the requirements for making economical choices for which special strategic/critical spares should be held, and options for how they may be managed
  • Understand the latest technique and methods in managing inventory to reduce and eliminate inventory obsolesces.

Who Should Attend

This program is suitable for Managers, Executives, Officers, Team/Line Leaders and Supervisors.

Methodology

This is a highly interactive training programme, whereby participants are to gain the learning points through experiential activities.

Module

  • WHY ARE SPARE PARTS SO SPECIAL
  • THE THREE STAGES OF SPARE PARTS MANAGEMENT
  • GO FOR PREVENTIVE MAINTENANCE.
  • ELIMINATE PROCESS PROBLEMS
  • SEGMENT YOUR SPARE PARTS PORTFOLIO
  • EVALUATE SPARE PARTS CRITICALLY
  • SPARE PARTS MANAGEMENT STARTS WITH GOOD FORECASTING
  • USE SPECIAL METHODS FOR INTERMITTENT DEMAND ITEMS
  • CONSIDER THE WHOLE LIFE CYCLE OF YOUR EQUIPMENT
  • IMPLEMENT A GOOD INFORMATION SYSTEM FOR SPARE PARTS AND MAINTENANCE INVENTORY MANAGEMENT

RM2,600.00 RM1,250.00

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Fee: RM 1,250 per pax


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Duration: 2 Days


Note: In-house course is available. Request it HERE

 Effective-Spare-Part-Management-HRDF-TrainingsEnhancing-Your-Presentation-Skills-hrdf-trainings

Introduction

The management of spare parts and other materials needed for realization of the maintenance process is one of the key functions in physical asset management. Especially, for example, in the military and large public property ownership, power generation, chemical, motor and petrochemical industries, spare parts inventories can soon add up to tens of thousands of various items in a value of hundreds of millions RM. It is obvious that efficient spare parts inventory management can bring significant economies in operational costs. This workshop describes with examples how those economies can be made.

 How Will You Benefit

Upon completion of this programme, the participants will be able to :

  • Describe the savings that can be made from implementing an effective and economic spare parts stores system using both manual and computer systems.
  • Show the techniques which can be used in order to identify, control and coordinate the spare parts requirements on a daily and long-term basis.
  • Discuss the requirements for making economical choices for which special strategic/critical spares should be held, and options for how they may be managed
  • Understand the latest technique and methods in managing inventory to reduce and eliminate inventory obsolesces.

Who Should Attend

This program is suitable for Managers, Executives, Officers, Team/Line Leaders and Supervisors.

Methodology

This is a highly interactive training programme, whereby participants are to gain the learning points through experiential activities.

Module

  • WHY ARE SPARE PARTS SO SPECIAL
  • THE THREE STAGES OF SPARE PARTS MANAGEMENT
  • GO FOR PREVENTIVE MAINTENANCE.
  • ELIMINATE PROCESS PROBLEMS
  • SEGMENT YOUR SPARE PARTS PORTFOLIO
  • EVALUATE SPARE PARTS CRITICALLY
  • SPARE PARTS MANAGEMENT STARTS WITH GOOD FORECASTING
  • USE SPECIAL METHODS FOR INTERMITTENT DEMAND ITEMS
  • CONSIDER THE WHOLE LIFE CYCLE OF YOUR EQUIPMENT
  • IMPLEMENT A GOOD INFORMATION SYSTEM FOR SPARE PARTS AND MAINTENANCE INVENTORY MANAGEMENT

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Titus A/L R.T. Pereira
Biodata: Titus Pereira is an advanced level trainer who incorporates his personal corporate experiences in his training sessions and workshops to facilitate learning and understanding easier. His academic qualifications include a Bachelor's degree in Management, majoring in Accounting & Finance. His career deals mostly with supply- chain and operations management, and that led him to travel around Asia and exposed himself to issues related to logistics management, training and talent development. As a certified consultant for supply- chain, Titus became an authority on Supply Chain and Operation function. He is hands- on when it comes to customizing courses for training and development. The courses that he handles are mostly focused on demand planning, training need analysis, credit collection and management, productivity management, inventory management and 3rd party distribution among others.

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