This workshop teaches effective MRO spare parts inventory management to reduce costs, prevent stoppages, and boost productivity.
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Struggling with production stoppages, excess stock, or productivity losses from ineffective MRO inventory management? This hands-on workshop equips participants with the latest best practices in Maintenance, Repair, and Operations (MRO) spare parts inventory management. Suitable for managers of small stores or large regional operations, the programme delivers practical strategies to optimise inventory control, minimise costs, and improve operational efficiency.
• Common spare parts and storeroom challenges.
• Survey on top spare parts challenges.
• Definition and goals of MRO spare parts management.
• Roles in managing spare parts.
• Proper storage knowledge.
• Organised storeroom essentials.
• Spare parts floor plan samples.
• Storeroom improvements and storage options.
• Centralised vs decentralised storeroom.
• Inventory classification: Fast, slow, non-moving, and obsolete.
• ABC, SED, VED analysis for spares.
• Codification and inventory centralisation.
• Calculating and shortening lead times.
• Supplier lead times and order processes.
• Factors to consider.
• Logic tree decision diagram.
• Purchasing and carrying costs.
• Calculating EOQ for minimal cost.
• CMMS selection criteria.
• Barcoding, RFID, and IoT considerations.
• Storeroom performance measurement.
• Stockout incidents and balanced KPIs.
• Storeroom security and vendor stocking.
• Standardisation of parts.
• Risk management and housekeeping.
Certified Supply-Chain Consultant (SCOR methodology, USA). Contributed to National Occupational Skill Standards for Freight Forwarding, Malaysia. Experienced in designing and setting up 3rd Party Logistics Distribution Centres (Australia). Recognised industry expert with extensive supply chain knowledge.
