Spare parts management includes the strategic planning, sourcing, storage, and distribution of spare parts to ensure maximum equipment uptime while minimizing inventory costs. It balances the risk of downtime with capital tied up in stock through critically analysis, forecasting, and efficient methods of workflows. Effective management of spare parts will prevent production delays and optimizes maintenance operations. This specific training will forecast on sharing knowledge, experience, skills, and competency on spare parts management process to upkeep the stocks are always available whenever it is required.
By the end of the program, participants will be able to: