Access to these additional learning resources is included in the price of the classroom course
To provide participants with a sound knowledge and understanding of spares and inventory management in the maintenance repair and operations (MRO) environment. Included are those activities in an organization that ensure the optimal and timely availability of spare parts in order to meet maintenance timely demands. In today’s competitive environment, it’s important that management and optimization of spare inventory is considered in the context of supporting the maintenance function to meet its operational and business goals. Simply reducing inventory is not enough. The goal must be to maintain sufficient inventory and no more, such that production is never impacted by stock-outs while keeping inventory costs to a minimum. In this way, inventory management and optimization add real value to any business.