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17 - MSE - Maintenance, Scheduling, Planning
MSE 125 - Reducing Costs through Spares Optimisation
Code | Start Date | Duration | Venue | |
---|---|---|---|---|
MSE 125 | 04 November 2024 | 5 Days | Istanbul | Registration Form Link |
MSE 125 | 02 December 2024 | 5 Days | Istanbul | Registration Form Link |
MSE 125 | 30 December 2024 | 5 Days | Istanbul | Registration Form Link |
MSE 125 | 10 February 2025 | 5 Days | Istanbul | Registration Form Link |
MSE 125 | 07 April 2025 | 5 Days | Istanbul | Registration Form Link |
MSE 125 | 16 June 2025 | 5 Days | Istanbul | Registration Form Link |
MSE 125 | 28 July 2025 | 5 Days | Istanbul | Registration Form Link |
MSE 125 | 22 September 2025 | 5 Days | Istanbul | Registration Form Link |
MSE 125 | 17 November 2025 | 5 Days | Istanbul | Registration Form Link |
MSE 125 | 08 December 2025 | 5 Days | Istanbul | Registration Form Link |
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.
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