Spare parts management is a critical key function in physical asset management. The availability of spare parts for maintenance and repairs is crucial for the uptime and effectiveness of assets, but high spare parts availability comes at a cost. The challenge is to effectively balance spare parts availability, working capital and operational costs
Spare parts inventories can soon add up to tens of thousands of various items in a value of hundreds of millions RM. It is obvious that efficient spare parts inventory management can bring significant economies in operational costs.
This course will assist on the developing, establishing, implementing and maintaining a system to identify potential improvement on spare parts management which could enhance productivity and reliability. Overall, could help to increase productivity, reduce bottleneck issues and excellent planning system.
Upon completion of the course, the participants will be able to;
- Understand the process of effective spare parts management
- Understand the practical approach of effective spare parts management, lead time, cost, re-order point system and types of spares
- Develop documents in regards to effective spare parts management.
100% HRD Corp Claimable Course: Skim Bantuan Latihan Khas
For more information, please contact the following Program Consultant:
Ms. Joan / email: firstname.lastname@example.org / Tel: +6088731575