Introduction:

This 3-day training program equips participants with the knowledge and skills to effectively manage inventory within a maintenance environment. It delves into critical concepts, best practices, and practical tools to optimize inventory levels, minimize costs, and ensure efficient maintenance operations.

Objectives:

• Understand the fundamental principles of inventory control for maintenance.

• Identify the impact of inventory management on maintenance performance and organizational profitability.

• Implement effective strategies for classifying, forecasting, and managing various maintenance inventory items.

• Develop an efficient storeroom organization and control system.

• Analyze and optimize inventory levels using relevant techniques and tools.

Day 1 : Foundations and Core Concepts

• Role of inventory in maintenance operations

• Costs associated with inventory management

• Impact of effective inventory control on uptime and profitability

• ABC (Always Better Control) classification

• VED (Vital, Essential, Desirable) analysis

• Criticality assessment of spare parts

Day 2: Advanced Techniques and Applications

• Economic order quantity (EOQ) model

• Inventory optimization strategies and techniques

• Vendor selection and negotiation tactics

• Common features and functions of maintenance inventory software

• Utilizing software for cataloging, tracking, and reporting

• Data analysis and insights from inventory management systems

Day 3: Putting It All Together and Implementation Strategies

• Defining goals and objectives for inventory management

• Establishing clear policies and procedures

• Training and communication for successful implementation

• Key performance indicators (KPIs) for inventory control

• Data analysis and interpretation for performance evaluation

Conclusion:

By participating in this 3-day training program, participants will gain a comprehensive understanding of inventory control principles specific to maintenance operations. They will be equipped with the necessary skills and tools to improve inventory management practices, optimize costs, and ensure efficient and reliable maintenance services.