SPARE PART MANAGEMENT

Automation and technical advancement have produced the 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 OBJECTIVES

Through this program,   Participants will acquire  :

• Fundamental knowledge regarding spares.
• Why, how and when to stock spares.
• Spare parts stocking terminology.
• The step-by-step setting of an inventory control system.
• Review and take countermeasures 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 come 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.
• the measure of effectiveness.
• spare parts inventory.

Module  3:  Spare Parts Inventory Management.

• current stock.
• maximum stock.
• minimum stock.
• lead time.
• safety stock.
• reorder 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 records.
• 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 the right CMMS.