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SPARE PART MANAGEMENT & INVENTORY CONTROL – Singapore

SPARE PART MANAGEMENT & INVENTORY CONTROL

Offline in Singapore

Training Date by Request

OVERVIEW

The increasing demand for users with various types of spare parts or materials required prompts many companies to review their inventory strategies. One of the key functions in inventory management is material requirement planning, where the aim is to plan how much and when materials are needed at an optimal cost level. To support these decisions, the minimum inventory levels in the warehouse and reorder levels for each material must be determined in advance. This calculation requires precision as it is influenced by many factors, including fluctuations in usage rates, lead time fluctuations in procurement, and the desired service level.

This training will cover spare part management and inventory control, including exercises in applying methods to determine reorder levels and minimum stock while considering the aforementioned factors. Best practices from various private and state-owned enterprises will be discussed to enrich cases, accompanied by practical applications and real-life examples in the field.

OBJECTIVES

After completing this training, participants are expected to be able to:

  1. Understand strategies for procuring goods.

  2. Understand and be able to control spare parts.

  3. Provide the necessary goods in the overhaul process.

  4. Efficiently manage spare parts and apply methods to determine reorder levels and minimum stock for inventory optimization.

  5. Evaluate the existing material planning system to identify underlying issues and their resolutions.

COURSE MATERIALS

  1. Basics of Inventory Management

  • Purpose of inventory
  • Inventory cost structure
  • Free and non-free requirements
  • ABC system
  • 80/20 concept (pareto)
  1. Goods Procurement Strategy

  • Inventory Goods
  • Trends in Inventory Management Changes
  • Inventory Management Classification
  • Maintenance and Preservation
  1. Spare Parts Inventory Control

  • Spare Part Management & Integrated Logistics
  • Spare Parts Classification
  • Equipment Classification
  • Inventory Turnover Calculation
  • Spare parts administration
  1. Overhaul Requirement Control

  • Equipment Maintenance Types

  • Overhaul planning process
  • Use of Ordering Formulas
  • Overhaul goods surplus
  • Overhaul subcontracting
  1. Safety Stock and Min Max Calculation (Excel / Spreadsheet Application)

  • Determining Lead time and Service level
  • Reorder Level Calculation
  • Calculation of Min – Max spare parts
  • Practical application with Microsoft Excel
  • Case Study

*The syllabus material can be tailored to meet specific needs

LEAD INSTRUCTOR

Prof. Dr. Ir. Elisa Kusrini, MT, CPIM, CSCP, SCOR-P

She is recognized as an APICS ASCM Instructor and holds a doctor in Supply Chain Management from UGM, with extensive experience as a professional trainer and consultant. She has served as a resource person for various seminars, workshops, and training sessions in both state-owned enterprises (BUMN) and national private companies, offering both regular and in-house training programs. She has obtained professional supply chain certifications from APICS America (Association for Supply Chain Management). Her expertise lies in Supply Chain Management (SCM), Operations Management, and Industrial Engineering.

She has delivered training to a diverse range of industries including oil and gas, manufacturing, chemical, electrical, food and beverage, property, and logistics services. Some of the notable institutions that have benefited from her training include Chevron, PT. Bredero Shaw Batam, PT. Kaltim Pacific Ammonia, PT. Pupuk Kujang, PT. Pupuk Sriwidjaya, PT. Transportasi Gas Indonesia, PT. Kievit Indonesia, PT. Bank Rakyat Indonesia, PT. Pertamina EP Cirebon, PT. Semen Gresik, PT. Petrokimia, PT. Star Energy, BP MIGAS, PT. Arun NGL Aceh, PT. United Tractors Semen Gresik, PT. Consulta Semen Gresik, PT. Indonesia Power, PT. PJB, PT. Ipmomi Paiton, PT. Pupuk Tonasa, PT. Kaltim Industrial Estate, PT. Energasindo, PT. Inka Madiun, PT. Vico, PT. Sambas Kaltim, PT. Pupuk Kaltim, PT. Medco, PT. Petrochina International, PT. Kereta Api Indonesia, JOB Pertamina Lekom Maras, PT. MCTN Riau, PT. Garuda Food Pati, PT. BSP – Pertamina Hulu, PT. Chiel Jedang Superfeed, PT. Pertamina Doh Kalimantan, PT. PJB UPHT Gresik, PT. Bukit Asam, PT. Aneka Tambang, PT. Sariboga, PT. Indominco Mandiri Bontang, PT. Semen Tonasa, PT. Pos Indonesia, Perum LKBN Antara, PT. Harian Pikiran Rakyat, PT. NHM, PT. Timah, Yakes Telkom, PT. Medco Agro, and PT. Pertagas Pertamina.

INVESTMENT

Method

Price and Facilities

Offline Training in Singapore

  • Price: S$ 1,800 per participant.

  • Minimum quota: 2 participant with flexible scheduling

  • Duration: 2 full days training (08:30 a.m. – 04:30 p.m. SGT)

  • Venue: ibis Singapore on Bencoolen Hotel

  • Includes: meeting room, training modules, training certificate, training kits, lunch, coffee break, and souvenir.

  • Excludes: participant accommodation & transportation, and 11% VAT

 

TENTATIVE SCHEDULE:

6-7 May 2024 | 7-8 May 2024 | 13-14 May 2024 | 15-16 May 2024 | 17-18 May 2024 | 20-21 May 2024 | 21-22 May 2024 | 27-28 May 2024 | 29-30 May 2024 |30-31 May 2024 |3-4 June 2024 | 5-6 June 2024 | 7-8 June 2024 | 10-11 June 2024 | 12-13 June 2024 | 14-15 June 2024 | 18-19 June 2024 | 20-21 June 2024 | 24-25 June 2024 | 26-27 June 2024 |28-29 June 2024 |1-2 July 2024 | 3-4 July 2024 | 5-6 July 2024 | 8-9 July 2024 | 10-11 July 2024 | 12-13 July 2024 | 15-16 July 2024 | 17-18 July 2024 | 19-20 July 2024 | 22-23 July 2024 | 24-25 July 2024 | 26-27 July 2024 | 29-30 July 2024 | 30-31 July 2024 |1-2 August 2024 | 5-6 August 2024 | 7-8 August 2024 | 9-10 August 2024 | 12-13 August 2024 | 14-15 August 2024 | 19-20 August 2024 | 21-22 August 2024 | 23-24 August 2024 | 26-27 August 2024 | 28-29 August 2024 | 29-30 August 2024 | 2-3 September 2024 | 4-5 September 2024 | 6-7 September 2024 | 9-10 September 2024 | 11-12 September 2024 | 12-13 September 2024 | 16-17 September 2024 | 18-19 September 2024 | 20-21 September 2024 | 23-24 September 2024 | 25-26 September 2024 | 26-27 September 2024 | 1-2 October 2024 | 3-4 October 2024 | 7-8 October 2024 | 9-10 October 2024 | 11-12 October 2024 | 14-15 October 2024 | 16-17 October 2024 | 17-18 October 2024 | 21-22 October 2024 |23-24 October 2024 | 25-26 October 2024 | 28-29 October 2024 | 30-31 October 2024 | 1-2 November 2024 | 4-5 November 2024 | 6-7 November 2024 | 7-8 November 2024 | 11-12 November 2024 | 13-14 November 2024 | 15-16 November 2024 | 19-20 November 2024 | 21-22 November 2024 | 25-26 November 2024 | 28-29 November 2024 |2-3 December 2024 | 4-5 December 2024 | 5-6 November 2024 | 9-10 December 2024 | 11-12 December 2024 | 12-13 December 2024 | 16-17 December 2024 | 18-19 December 2024 | 19-20 December 2024 | 23-24 December 2024 | 26-27 December 2024 | 30-31 December 2024 |

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