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SPARE PARTS MANAGEMENT

Course Introduction

Automation and technical advancement have produced best technological machines where human dependence and  interference  have been  greatly  reduced. This advancements have also reduced the maintainability of components to ‘discard maintenance’ level only. Most electrical or electronic components cannot be ‘pm’ or repaired as these failure patterns falls under random failure. Most mechanical parts too, are designed for reliability and thus requires replacement at specific time frame.

New maintenance techniques such as predictive maintenance, reliability centred maintenance have enhanced life span detectability. With all these advancements, having the right part at the right time, in the right quantity makes it very critical for achieving PQCDSM.  Therefore, purchasing, stoking and controlling spare parts becomes an ultimate necessary for  continuous  non-stop  operation.

Course objective

Through this program,   Participants will acquire  :

– Fundamental   knowledge regarding spares.

– Why, how and when to stock spares.

– Spare parts stocking terminology.

– Step by step setting an inventory control system.

– Review and take counter measure for frequently used parts.

– Justifying the ROI for spare parts expenditure. 

– Sneak preview of computerized maintenance management system.

Course Content

Module  1 :  Introduction  to  Spare Parts  Management.

– what  is  SPM  ?

– spare  parts  are  expenses .

– where does the money  for spare comes from.

– “spare parts”  the silent killer.

– why manage  spare  parts.

– current  manufacturing  bottlenecks.

Module  2 :  Spare  Parts  Management  Logistics.

– quality  Vs   co$t

– economic  considerations.

– user  considerations.

– cost – effect  compromise .

– measure  of effectiveness.

– spare parts  inventory.

Module  3 :  Spare Parts Inventory Management.

– current  stock.

– maximum  stock.

– minimum stock.

– lead  time .

– safety  stock.

– re order point.

– economical  order  quantity.

– obsolete  rate.

– inventory  monitoring

Module  4 :  Establishing  Spare Parts  Criticalities.

– what  is  spare part  criticality .

– how  to  set   component  criticality.

– establishing  visual  set up.

– ‘insurance  policy” 

– best  practices  for spare part  management.

Module  5 :  ‘Spare Part  Usage’   Cost Reduction.

– develop  spare part usage  record.

– usage  analysis.

– establish  failure  consequences.

– improve  ‘parts’   life.

– reduce  spare  parts cost.

Module  6 : Computerised  Spare Parts Management.

– what is  CMMS.

– advantages of  CMMS.

– ‘ATLAS’ demo.

– selection of right CMMS.

 

SPARE PART MANAGEMENT
By:   FACE TO FACE PUBLIC PROGRAM

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