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7 - MSE - Maintenance, Scheduling, Planning


MSE 125 - Reducing Costs through Spares Optimisation

Code Start Date Duration Venue Fees
MSE 125 20 October 2019 5 Days Istanbul $ 2950 Registration Form Link
MSE 125 17 November 2019 5 Days Istanbul $ 2950 Registration Form Link
MSE 125 15 December 2019 5 Days Istanbul $ 2950 Registration Form Link
MSE 125 12 January 2020 5 Days Istanbul $ 2950 Registration Form Link
MSE 125 09 February 2020 5 Days Istanbul $ 2950 Registration Form Link
MSE 125 08 March 2020 5 Days Istanbul $ 2950 Registration Form Link
MSE 125 05 April 2020 5 Days Istanbul $ 2950 Registration Form Link
MSE 125 03 May 2020 5 Days Istanbul $ 2950 Registration Form Link
MSE 125 28 June 2020 5 Days Istanbul $ 2950 Registration Form Link
MSE 125 19 July 2020 5 Days Istanbul $ 2950 Registration Form Link
MSE 125 23 August 2020 5 Days Istanbul $ 2950 Registration Form Link
MSE 125 20 September 2020 5 Days Istanbul $ 2950 Registration Form Link
MSE 125 18 October 2020 5 Days Istanbul $ 2950 Registration Form Link
MSE 125 15 November 2020 5 Days Istanbul $ 2950 Registration Form Link
MSE 125 13 December 2020 5 Days Istanbul $ 2950 Registration Form Link
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Course Description

In today's competitive environment, it is imperative to monitor and control inventory as effectively as possible to maximize profits and remain competitive. One of the important things you must learn in order to manage your inventory smoothly is by submitting good SPIRs, cataloguing and selecting initial spares.  This course will provide you with practical and useful strategies to optimize your spare parts.

Course Objectives

  • Reducing inventory carrying costs
  • Reducing stock turn ratios
  • Reduction in duplicate stock
  • Decision support techniques for high value, long lead time spares
  • Reduction in lead times

Who Should Attend?

  • Maintenance Managers
  • Engineers
  • Analysts
  • Warehouse managers and supervisors
  • Project Engineers

Course Details/Schedule

Day 1

  • Stock control methods
  • Keeping track manually
  • Keeping track using computer software
  • Stock security
  • Control the quality of your stock
  • Stock control administration

Day 2

  • Initial spares and replenishment process
  • Spares types
  • Spares categories
  • Spare Parts Optimization
  • Spares list generation
  • Strategies and techniques to optimize critical spares

Day 3

  • Purpose of the SPIR
  • Poor examples/case studies
  • Stock Item coding and naming conventions
  • Major differences Maximo & SAP
  • Exercise cataloguing

Day 4

  • Failures & Spares
  • How to measure reliability
  • Weibull analysis
  • Options for determining safety stock
  • Poisson Distribution for low, medium and fast movers
  • Effect of Service Level
  • Determine ROPs & Safety Stock

Day 5

  • Accounting Procedures
  • Area for reducing Maintenance Costs
  • Economics’ Indicators of Maintenance Costs
  • Use of Contractors
  • Area Maintenance/ Zones/ Shifts
  • Company Maintenance Manpower