Optimizing Spares Parts Requirement for Power Plant (Energy1)
DATE VENUE FEES REGISTRATION
28 May - 29 May, 2015 Kuala Lumpur, Malaysia SGD 3175 Closed
Following information: Venue at Kuala Lumpur, Malaysia | Training Date from 28 May 2015 till 29 May 2015
COURSE LEVEL
DURATIONS
Early Bird Discount
Standard Price
STANDARD
2 day/s
SGD 2963 Purchase it before 08 Apr 2015
SGD 3175
WORKSHOP OVERVIEW
The price above is inclusive of GST 6%

Apply the techniques learnt to carry out a properly constituted inventory reduction programme, lower downtime and reduce spare parts costs

The provision of adequate spare parts is an essential part of the maintenance process in all power plants, especially in a lean business environment. However, a balance must be struck between guarding against the risk of downtime and the cost of spare parts.

This 2-day programme on Optimizing Spare Parts for Power Plants – presented by Energy1 – has been designed to show participants how to take into account the various factors in order to achieve the right balance. It describes the latest tools and techniques for managing inventories, their benefits and potential pitfalls, and also when and how to apply them for maximum impact on the bottom line.

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WHAT WILL YOU LEARN?

·         Apply the latest techniques for inventory management

·         Focus on key areas

·         Categorize spare parts according to their cost, usage patterns and function

·         Manage spares more effectively

·         Ensure that inventories continue to remain low

·         Have an awareness and working knowledge of fundamental inventory management

·         Review the key elements of a best practices to inventory management

·         Apply the inventory management methodology to audit their inventory management approaches

·         Identify and plan improvement opportunities based using audit results

·         Carry out a high-level benchmarking analysis

·         Use the inventory audit methodology as a benchmarking tool

·         Conduct a benchmarking exercise and use the results to identify and plan opportunities for improvement

PROGRAMME
Day 1
  • Introduction and Foundation Concepts    
  • The Importance of Spare Parts
  • Working Capital Implications
  • Why do we Stock Spare Parts?        

Day 2

  • Inventory Reduction Strategies    
  • Standardisation and Inter-changeability
  • Using the World Wide Web
  • Condition-Based Maintenance

* See brochure for full course outline.
AUDIENCE

       Professionals who have oversight responsibility for inventory management

       Logistics personnel with direct line responsibility and support staff responsibility for inventory management

       Internal improvement consultants, facilitators and maintenance excellence support staff

       Maintenance supervisors, engineers and planners whose awareness of inventory management principles are crucial

       Those experienced in this field who want to learn about different practices which are used in a range of other industries, and gain knowledge of the latest tools and techniques

For details, information on facilitator and the full course outline, please refer to the attached brochure.

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