Corporate Frontier Services

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(Remote Online Learning) Effective Spare Parts Management: Reducing Cost Through Optimized Spares Inventory, 9-10 November 2021

INTRODUCTION

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.

KEY OBJECTIVES

  • Key reasons why we waste money purchasing wrong spare parts.
  • How to reduce inventory cost for spare parts.
  • Be clear on what we currently hold vs what we need to stock.
  • Build accurae Bill of Mainenance (BoMs).
  • Avoid holding outdate spare parts for obsolete equipment.
  • Reduce time waste time and money sourcing the correct parts.
  • What to do when you can’t source the spares needed due to obsolescence.
  • Increase visibility on the make, model and manufacturer information.
  • Learn to preserve spare parts correctly, to reduce premature failure post installation.
  • Keep track on the location of the spares.

NOTE: THIS COURSE IS 100% HRD CORP SBL-KHAS CLAIMABLE

For inquiries, please contact the following Program Consultant:

Ms. Emily / email: emily@cfrontier.com / Tel: +6088731412  

Mr. Azrul / email: azrul@cfrontier.com / Tel: +6088731410  

Ms. Joan / email: joan@cfrontier.com / Tel: +6088731570

Ms. Tracy / email: tracy@cfrontier.com / Tel: +6088731575

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Willaim Wright

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ATTENTION!!!

In line with the announcement from the Ministry of Finance in October 2023, we wish to inform you about an upcoming changes in the Sales and Service Tax (SST) rate in Malaysia.

Effective March 1, 2024, the SST rate will be increased from 6% to 8%. As a result of this adjustment, there will be changes in the pricing of our training services provided by CF Learning Services Sdn Bhd starting March 2024 onwards.

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Thank you for your continued support and understanding.