SPARE PARTS MANAGEMENT AND INVENTORY CONTROL

Download Course description. Spare parts management and inventory optimization training has been developed to support industrial end-users by im- pr...

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Work Control WC230 Spare Parts Management and Inventory Control

Engineers, supervisors and managers involved with industrial maintenance inventory control, planning, scheduling purchasing, reliability and maintenance engineering, logistic support, quality, production and warehouse management. Course objectives: To provide participants with a sound knowledge and understanding of spares and inventory management in the maintenance repair and operations (MRO) environment. Included are those activities in an organization that ensure the optimal and timely availability of spare parts in order to meet maintenance timely demands. In today’s competitive environment, it’s important that management and optimization of spare inventory is considered in the context of supporting the maintenance function to meet its operational and business goals. Simply reducing inventory is not enough. The goal must be to maintain suficient inventory and no more, such that production is never impacted by stock-outs while keeping inventory costs to a minimum. In this way, inventory management and optimization add real value to any business.

Course description

Pre-study*

Spare parts management and inventory optimization training has been developed to support industrial end-users by improving their bottom line results. Speciic topics include:

WC130 Spare parts management RB02028 Spare Parts Management GS03005 Inventory Management

• Spare parts and inventory management processes and principles • Basic spare part and inventory management terminology • The importance and relations of spare part and inventory management with respect to business goals • Identifying, structure, and classifying spare parts on their criticality, order and re-order parameters, along with other spare parts characteristics • Applying basic analysis techniques to optimize the availability of spares and cost-effectively handle obsolete spares • Key institutes and reference material on spare parts and inventory management

Post-study* MB03013 Planning, scheduling and work orders RB01005 Tools management RB01004 Supply chain management * On-line learning material at http://www.skf.com/us/knowledgecentre/elearning/index.html

The course includes the following modules: • Spare parts management (SPM) • Maintenance and spare parts strategy • MRO inventory management - Basics - Work processes and CMMS • Obsolete management

Maintenance and Reliability Engineering Training

Recommended for:

Case studies The purpose of the case studies is to provide participants with an opportunity to apply and practice course knowledge.

2017 course schedule To schedule your personalized on-site training class, see page 64 for contact information.

2017 tuition On-site only - Tuition on request 3 days A written examination is included with this course and is conducted on the afternoon of the final day of class.

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