Reducing Costs through Spares Optimization and Rationalisation

UAE, Dubai
Dates flexible
Course Type
Professional Training Course
Yes (Details)
Course Fee

Course Overview

Many companies do a bad job of managing their inventory effectively; there are many reasons for this. But it usually starts with bad submission of SPIRs, cataloguing and selecting initial spares.

This practical workshop covers aspects related to reducing inventory and costs of spare parts and is supported by case studies, software and practical exercises to aid understanding. There are very few seminars conducted that deal with the practical issues of spares cataloguing and optimising spares.

After this seminar, delegates will leave the workshop with tools and techniques that they can immediately apply in their own companies and start to reduce costs.

Excel Analysis worksheets containing all formulae will be provided to conduct your analysis.

Two analysis techniques will be covered; first using probability and the second using simulation (modelling) techniques for high value spares with logistic issues.

Who should take this course

  • Maintenance Managers
  • Engineers
  • CMMS Key users
  • Analysts
  • Warehouse managers and supervisors
  • Project Engineers
  • Spares and Inventory Personnel



Course content

  • To highlight current problems with spares management
  • To improve cataloguing of spares
  • To show how determine when to order scientifically - the reorder point
  • To show how many to order
  • To discuss principles of rationalising spares

About Course Provider

Global economics proves to us on a daily basis the organisational need for ‘fore-most’ and ‘leading’ talent in order to succeed in increasingly complex and competitive global markets. In order to achieve the ‘best’ possible result for organizations, developing the right talent is as much a necessity as hiring and retaining employees.

Who are we?

ZOE Talent Solutions is a global training and consulting firm that has been serving leading businesses in many countries. We specialise in capacity building and talent development solutions for individuals and organisations, through our highly customised courses and training sessions, in a wide array of disciplines.

What do we do?

ZOE assists organisations in identifying their most important goals, and guides management teams by working closely with each member, in making lasting improvements to their performance. This process thus promises a definite increase in revenue and savings and a higher Return On Investment (ROI). Over nearly a decade, our team has built a globally recommendable enterprise uniquely equipped skills including and not limited to coaching, facilitation , counselling and strategising.

How to enroll?

Provide us with your contact details, course provider will get back to you.

A representative from Zoe Talent Solutions will contact you soon.