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