Leading Practices in MRO Spares Parts Master Data Auditing & Cleansing for Cost Reduction

Bangkok

31st Jan, 2019 - 1st Feb, 2019

1 Participant

SGD 1,799

2 Participant or more

SGD 1,499

Early Bird Fee

Not Available

Leading Practices in MRO Spares Parts Master Data Auditing & Cleansing for Cost Reduction

Evaluate your inventory catalogue, which is phase 1 of our 6 phase inventory reduction programme.

Overview

Most companies do a bad job in populating their MRO spare parts master data, i.e.
  • Poor & inconsistent part naming
  • Lack of attributes
  • No BOMs
  • Mfg’s P/N & Vendor P/Ns Mixed
  • MPN No standardised formatting
  • All master data fields are not populated
This result in:
  • High number of duplicates 10-15% is normal
  • Inefficient use of tradesman time looking for spares
  • Emergency purchases
  • Excess machine downtime
  • Cannibalization of a stand-by machine
  • Lack of focus on standardisation & rationalisation
  • Higher inventory costs
The root causes of this poor population are:
  • Lack of training and experience
  • Lack of cataloguing standards and guides
  • Using Excel with no governance build in, i.e. no tool utilized specific for this activity
This course can be delivered as an in-house course where the course will focus on the company’s own catalogue data.

Designed For

This course is designed for people who are involved in CMMS data management (SAP, Maximo, Oracle and etc) or want to understand MS ACCESS in the asset management function.
  • Maintenance Engineers and support engineers
  • Maintenance planners
  • Preventive Maintenance
  • CMMS Engineers
  • CMMS IT administrators
  • CMMS planers or anyone who populated data into CMMS Project
  • Engineers responsible for specifying, buying spares and setting up the spares information in the CMMS
  • Equipment Engineers / Spares personnel
  • Anyone who wants to understand how to achieve an effective CMMS system (same concepts can be used to evaluate Equipment, Assets, PM routines)
  • Companies already with a populated CMMS, considering upgrade of their existing system (e.g Maximo to SAP etc) or considering implementing a CMMS will benefit.
  Achieving quality master data, forms the foundations of further inventory reduction such as Rationalisation and Optimisation. We have delivered over 40 workshops on Spare Parts Optimisation and Inventory Reduction, plus we have audited many master data-sets and we find similar inconsistences irrespective of the industry or the CMMS system used. We have developed a 6-stage inventory reduction programme. This workshop covers the first 4 steps, i.e. to Audit, Document, Cleanse and Rationalise. Significant cost savings can be achieved, we have seen 60 - 70% reduction in the number of line items. Most companies have 10-15% duplicate line items, we have seen duplicate line items with a unit value of $9,000. The 2 days training will be showing real examples including why “3rd parties don’t always do a good job”. We will show two examples of cataloquing/ cleansing done by so called experts. This is a new course for 2019 and has been developed as many previous delegates of our Inventory Reduction/Optimisation Workshop have returned to their workplace and haven’t had the skills and knowledge where to start to resolve their material catalogue issues.

You will Learn

  • Principles of good cataloguing
  • Building a Tool to audit and cleanse spares part master data (the same principles are required for all CMMS master data(equipment, PMs, failure codes, etc)
  • Utilising the tool to audit both a case study dataset as well as the delegates own data and then to move to the cleansing stage
  • using their own company dataset. This course is unique in that the company and delegate will derive immediate benefits from hand-on experience and support of the consultant.
  Take Away cost saving Cataloguing tool which allow you to apply directly once you are back at your workplace: During the workshop delegates will build a cataloguing tool that can be used both for auditing and cleansing existing CMMS data. The tool includes:
  • Functions to standadise part descriptions,
  • Identify duplicates based on part numbers
  • Analysis of different manufacturers,
  • Identifying inconsistencies in value lists for mfgs and vendors, etc.
Additional take away is the step by step instructions how to build the various functions of the tool.

Outline

  • Overview Auditing MRO Spare Parts Management
  • Auditing MRO Spare Parts Master Data
  • Building an Effective Cataloguing
  • Documenting the Cataloguing Process
  • MS Access Level 1 - Basic Use
  • MS Access Level 2 - Medium
  • Auditing Your Company’s Data
  • Approaches to Data Cleansing
  • Cleansing Your Company’s Data
  • Rationalisation
  • Developing BOMs
  • Improving the Spares Data from Vendors
  • Assigning Prioritisation Classifications
  • Developing an Implementation Plan

Instructor

 
  • Conducted over 400 audits including fast track audits, in-depth audits and distance audits in maintenance management
  • Currently working for Worley Parsons in UK writing document for a number of FEED projects worldwide.
  • Interest in helping companies collect better data and to try and make reliability of interest to the regular maintenance engineer by concentrating on applications rather than complex mathematical theory.
  • Developed Policy and procedures documents for a number of Oil & Gas Companies.
  • Wrote standard and guidelines on many topics on maintainability, RCA, work packs, Shutdown planning and failure code systems.
  • Wrote over 400 audits reports covering excellence in Maintenance management and in specialist topics spares, CMMS, KPIs and Reliability Management system.
  • Presented Papers at several Maintenance & Reliability Symposiums in Europe, Malaysia and Brazil.
  • Undertaking a major CMMS data Cleansing Project as part of a CMMS upgrading.

Start typing and press Enter to search