Excellence in Spare Parts Inventory Management Course

The course has been designed to appeal to those organisations which must ensure that Maintenance Spare Parts and Inventory is managed at optimum levels. It is particularly aimed at those who carry responsibility for managing and supervising the process of setting and managing maintenance inventory from stock creation through stock control and onto stock disposal. It is therefore suited to Maintenance Managers, Maintenance Team Leaders/Supervisors, Stores and Procurement personnel.

This course is also available as an on-site customised course

Course Cost: €750	Duration:2 days	Date: 10th - 11th February 2010
Location: Newlands Cross, Dublin	Click for our booking form	Click to view our Cancellation Policy

COURSE OBJECTIVES

At the end of this course, participants will be able to set material requirement appropriately to support optimum production efficiency through increased knowledge of:

• Define requirements for spare parts
• Understand the relationship between different types of bills of material (BOM)
• Defining a maintenance BOM
• Understand and manage stock though ranging and scaling techniques
• Contribute towards good warehouse design & management
• Improve company performance through good inventory management processes

COURSE CONTENT

• Requirements for Holding Spare Parts
• Equipment Criticality & Failure Modes
• Risk of Plant Failure and how to assess
• Economics of Plant Failure
• Spares Ranging & Scaling
• A Bill of Materials (BOM)
• The Design or As Built BOM (Configuration)
  
Risk Based Maintenance regime & parts criticality
• The Maintenance Bill of Materials (BOM)
• Developing a Maintenance Bill of Materials (BOM)
• Manufacturers recommended spares
  
• Design Engineers recommended spares
  
• Risk based approach to spares holding
• Repair Vs Replace
• Inventory Management Control
• Processes
• Technology – systems, bar codes & RFI
• Economics
• KPI’s
• Warehouse Design & How to Store Stock
• Principles
• Good practices
• People roles and responsibilities
• Maintenance & Materials Benchmark Assessment
• Review & Re-cap – Software Tools

PARTICIPANT PROFILE

The course will appeal to organisations which require maintenance spare parts inventory to be managed in a way which adds value to the business and its bottom line. The course has been designed to ensure that spare parts and inventory is managed at optimum levels. It is particularly aimed at those who carry responsibility for managing and supervising the process of setting and managing maintenance inventory from stock creation through stock control and onto stock disposal. It is therefore suited to Maintenance Managers, Maintenance Supervisors, Logistics Support and Stores Supervisors/Personnel.

TRAINER PROFILE

Doug Marsh is an experienced Asset Manager with an Operational engineering background gained in diverse industries such as Steel Making, the Water Industry and Defence. He is now an asset management consultant with recent experience including Air Traffic Control Services, Airports and Utilities.

Clearly this involves a diverse range of assets and business environments, however he has found that maintenance practices and materials management is pretty much standard. He has developed material stock management policies, procedures and requirements in each business except Defence where he learnt his trade, and has recently developed a materials management process with the UK National Air Traffic Service.