Spare Parts Foundations

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What is it all about?

Physical assets should not be down due to a lack of spare parts. But how do you organise your supply chain to be able to be in control? This training is all about getting the foundations in place.

As a structure we use our roadmap to discuss the essential elements for an efficient supply chain. This enables the learners to see the end picture when we are looking at the basics. With discussing the basics, we will cover topics like: Master data, Warehouse management, procedures, procurement management, inventory management and many more.

During this course we will explain all different possible ways of setting up your supply chain and point out the best practice in different scenarios.

Besides, we will touch on methods to improve certain aspects of your supply chain to the desired level. To make this understandable we will use many examples from our years of experience to make it easily applicable.

On top of this, several elements will be addressed by using actual problem cases which the learners have to solve.

Who should attend?

Supply chain manager
Stores managers
Tactical planners
Inventory controllers
Logistics engineers
Procurement managers
Maintenance managers

What makes it different?

At the end of the course learners will be able to:

Set up a proper master data management configuration
Identify shortcomings in the procedures
Know the basic requirements of warehouse management
Know how demand and supply should be linked
Know the basic requirements for a procurement
Know the basic requirements for inventory management

Course outline

Understanding the spare parts environment

Learners are provided with an overview of the contemporary spare parts management environment. Subjects covered are:

spare parts logistics vs other industries
industry specific challenges (interactive)
common practices for inventory management of spare parts
conflicting roles and responsibilities in typical organisations
the key challenge / optimisation criteria
the impact of organisational maturity levels.

Full walk-through of the spare parts management roadmap

To understand the possible benefits of a proper supply chain we will show the learners what can be set up when the basics are in place. In this module, we will look at:

optimal stock performance like working capital, service level and operational costs.
proactive forecasting
different supplier contracts to increase performance and lower the working capital.
supply chain pooling and shipment to share stock among different plants.

Master Data Management

In this module we will highlight the importance of master data management and the ways to set it up and improve. When we talk about master data management, we imply more than just the code and description we also touch on:

procurement information
stocking information
logistics information

Warehouse management

How to set up your warehouse? How to organise it? Which performance measures are in place? These questions will be covered when we touch on this subject.

Professional procedures

To manage your supply chain, you need to make sure that all the procedures you have in place are effective and efficient. On top of that these should cover all the possible activities within the supply chain to avoid unwelcome situations. During this module we will touch on the basic processes required and a lean way of looking at procedures to improve.

Harmonise supply chain

When a reservation is placed either your stores should start issuing or a procurement process will be initiated. To make sure that this will happen we will discuss the basic set up of:

Procurement management
Inventory management
Demand management