Effective Spare Parts Management

26-27 Jun, 2023, Armada Hotel

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Mr. P. Balachandran is a training consultant with over 18 years of experience in manufacturing and 23 years in training.

 

Mr. Balachandran began his career in the Equipment Maintenance function in Motorola Malaysia and grew steadily to become an Equipment Engineer. He later took on a position as Section Head for a Production Unit which he ran for several years. He moved on to Thomson Audio Electronics in Muar as a Production Manager in 1991 where he spent 2 years.

 

Subsequently, he assumed a position as Production Manager and then as a Training and Education Manager at Samsung Electron Devices, Seremban till 1995 and then became a full time trainer in july 1995.

 

Mr. Balachandran specializes in Equipment Maintenance, Manufacturing and Training. since becoming a manufacturing trainer, he has conducted more than 700 training sessions covering more than 14,000 participants both in-house and public programs in last 23 years.

 

He currently is one of the most prominent maintenance consultant for theoretical and subject matter expertise. He also specializes on TPM and have conducted numerous in-house training for the above topic. Mr. P. Balachandran is one of the most prominent trainer and consultant for RCM training and consultation.

Venue Details

Armada Hotel
Lot 6, Lorong Utara C, Section 52, 46200 Petaling Jaya,
Phone : 03 7954 6888
Fax : 03 7958 5593

https://www.armada.com.my/

Contact us

Juliany,
03 2283 6109
juliany@ipa.com.my

Phoebe,
03 2283 6100
phoebe@ipa.com.my 

FOR CUSTOMISED IN-HOUSE TRAINING
Jane,
03 2283 6101
Jane@ipa.com.my

ADDRESS 
A-28-5, 28th Floor, Menara UOA Bangsar, 
No.5, Jalan Bangsar Utama 1, 
59000 Kuala Lumpur
www.ipa.com.my

FOCUSING ON
  • Module 1: Introduction to Spare Parts Management
  • Module 2: Spare Parts Management Logistics
  • Module 3: Spare Parts Inventory Management
  • Module 4: Establishing Spare Parts Criticalities
  • Module 5: ‘Spare Part Usage’ Cost Reduction
  • Module 6: Computerised Spare Parts Management
OVERVIEW

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 this 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.

AFTER ATTENDING THIS COURSE YOU WILL RETURN TO YOUR JOB…
  1. Having fundamental knowledge regarding the spares.
  2. Knowing why, how and when to stock spares.
  3. Learning about spare parts stocking terminology.
  4. Being able to learn step by step setting an inventory control system.
  5. Reviewing and taking counter measure for frequently used parts.
  6. Justifying the ROI for spare parts expenditure.
  7. Having a sneak preview of computerized maintenance management system.
WHO SHOULD ATTEND
  • Parts Managers
  • Maintenance Managers
  • Warehouse/Stores Managers
  • Financial Controllers
  • Inventory Managers
  • Purchasing Managers
  • Materials Managers
  • Personnel In-Charge Of How To
    Manage Parts.
  • Storeroom controllers, Spare parts buyers, maintenance supervisors
  • All maintenance people who are involved in spare management
METHODOLOGY
  • Interactive Lectures
  • Explanations
  • Case Studies
  • Group Discussions
  • Q & A Sessions
Day 1
9:00

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


10.45

Module 2: Spare Parts Management Logistics

  • Quality vs Co$t
  • Economic considerations
  • User considerations
  • Cost – effect compromise
  • Measure of effectiveness
  • Spare Parts inventory

 

1:00 Lunch
2:00

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

 

5:00 End of Day 1
Day 2
9:00

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

 


10.45

Module 5: ‘Spare Part Usage’ Cost Reduction

  • Develop spare part usage record
  • Usage analysis
  • Establish failure consequences
  • Improve ‘parts’ life
  • Reduce spare parts cost

 

1:00 Lunch
2:00

Module 6: Computerised Spare Parts Management

  • What is CMMS?
  • Advantages of CMM
  • ‘Fast maint’ demo
  • Selection of right CMMS

 

5:00 End of Course