Module Based Training

Module 1 – Spares Optimization

Duration: 300 minutes

Subject area:

Fees: $600.00

OVERVIEW:

This module forms part of our Maintenance System Build training offering which links integrity management and maintenance systems under one umbrella such that both are driven by the asset’s CMMS.

The topics in this module are illustrated via practical case studies for the delegates which are analysed and solved in a discussion-based environment. To view/register for the live training session, click here.

MODULE DESCRIPTION:

Our Spares Optimization training module provides organizations with the knowledge required to capture opportunities which enables them to optimize and reinvent spares inventory and management systems resulting in significant short- and long-term savings for clients.

Organisations should aim to stock the optimum quantity of spares parts to allow uninterrupted production activity whilst avoiding unnecessary or excessive stocks of spare parts. The cost of failing to do so can be high.

The topics in this course are illustrated via practical case studies for the delegates which are analysed and solved in a discussion-based environment.

MODULE OBJECTIVES:

  • Roles and responsibilities for Spares Analysts, Equipment Subject Matter Experts, MMS Custodian, Operations and Maintenance personnel, Suppliers and Construction contractors.
  • Classification of Spares: Commissioning, Operational, Insurance, Consumable, Repairable etc.
  • Scheduling of Activities
  • Required information.
    • Typical data items
    • Use of SPIL/SPIR format to record association of spares to parent equipment.
    • MMS upload file format
    • Process to identify and obtain missing information
    • Availability of OEM/Supplier maintenance Service
    • System/Equipment criticality
    • Organisational Maintenance Capability
  • Analysis techniques
    • Level of Repair Analysis (LoRA)
    • Failure Mode Effects and Criticality Analysis (FMECA)
    • Economic Order Quantity (EOQ) and Economic Stock Optimisation calculation
    • “Engineering Judgement”
  • Additional processes
    • Use of a “working database”
    • Removal of duplication and use of Bills of Materials
    • Identification of items for planned maintenance activities
    • Standardisation of descriptions
  • Quality assurance and Review/Approval of recommendations
    • Min/Max stock levels are recommended for each spares line item.
  • Preparation of Upload files
    • Number and format of files will vary depending on the target MMS
    • MMSs are complex so upload files are more numerous and contain more data fields than non-computing personnel usually expect.

MODULE OUTCOMES:

The delegates will learn about the significant activities of the spares optimisation process, so that they are competent to ensure that they are all adequately addressed.

They will also understand the roles and responsibilities of the process, initial acquisition of information, various analysis techniques, data storing and processing and uploading of stock level data to a target Maintenance Management system (MMS).

System Requirements

  • Internet Access – Users will need a computer or device with a web browser and an internet connection.
  • System – Runs on desktop computers using Microsoft Windows 7, 8 and 10, and MAC OS.
  • Browser – Runs on IE11, Chrome, Firefox and Safari, but requires the latest Flash Player to run.
  • Audio – Requires speaker or headphones.
  • Notes – Not suitable for tablets or smartphones.

Terms & Conditions

  • Pre-recorded sessions are accessible for a 30-day duration upon receiving access.
  • Payments are non-refundable in the event of a cancellation.
  • Access to the pre-recorded session will be granted within 5 working days of payment receipt and a notification will be sent to your email address.

Join Us

Register Now

Got a Question?

Ask Us

Learn more about
Our Services

Contact Us

Book Your Seat

Click Here

View The Online
Training Calendar

Click Here

See Veracity in action
Request a Demo

Click Here

    Your Name (required)

    Your Company (required)

    Your Email (required)

    Your Mobile Number

    How did you hear about us? (required):

    Reason for interest (required):

      Your Name

      Module Title

      Your Email Address

      How can we help you with this module?

        Your Name (required)

        Your Company (required)

        Your Email (required)

        Your Mobile Number

        How did you hear about us? (required):

        Reason for interest (required):

          Your Name (required)

          Your Company (required)

          Your Email (required)

          Your Mobile Number

          How did you hear about us? (required):

          Reason for interest (required):

            Your Name (required)

            Your Company (required)

            Your Email (required)

            Your Mobile Number

            How did you hear about us? (required):

            Reason for interest (required):

              Your Name (required)

              Your Company (required)

              Your Email (required)

              Your Mobile Number

              How did you hear about us? (required):

              Reason for interest (required):

                Your Name (required)

                Your Company (required)

                Your Email (required)

                Your Mobile Number

                How did you hear about us? (required):

                Reason for interest (required):

                  Your Name (required)

                  Your Company (required)

                  Your Email (required)

                  Your Mobile Number

                  How did you hear about us? (required):

                  Reason for interest (required):

                    Your Name (required)

                    Your Company (required)

                    Your Email (required)

                    Your Mobile Number

                    How did you hear about us? (required):

                    Reason for interest (required):

                      Your Name (required)

                      Your Company (required)

                      Your Email (required)

                      Your Mobile Number

                      How did you hear about us? (required):

                      Reason for interest (required):

                        Your Name (required)

                        Your Company (required)

                        Your Email (required)

                        Your Mobile Number

                        How did you hear about us? (required):

                        Reason for interest (required):

                          Your Name (required)

                          Your Company (required)

                          Your Email (required)

                          Your Mobile Number

                          How did you hear about us? (required):

                          Reason for interest (required):

                            Your Name (required)

                            Your Company (required)

                            Your Email (required)

                            Your Mobile Number

                            How did you hear about us? (required):

                            Reason for interest (required):

                              Your Name (required)

                              Your Company (required)

                              Your Email (required)

                              Your Mobile Number

                              How did you hear about us? (required):

                              Reason for interest (required):

                                Your Name (required)

                                Your Company (required)

                                Your Email (required)

                                Your Mobile Number

                                How did you hear about us? (required):

                                Reason for interest (required):

                                  Your Name (required)

                                  Your Company (required)

                                  Your Email (required)

                                  Your Mobile Number

                                  How did you hear about us? (required):

                                  Reason for interest (required):

                                    Your Name (required)

                                    Your Company (required)

                                    Your Email (required)

                                    Your Mobile Number

                                    How did you hear about us? (required):

                                    Reason for interest (required):