INDIAN INSTITUTE OF MATERIALS MANAGEMENT
Hyderabad Branch
One Day Executive Development Programme on
Spare Parts Management – Innovative Methods for
Better Assets Utilization
Date: Thursday 23rd April 2015
Venue: Hotel Sitara Residency, Beside Chandana Bros, Ameerpet, Hyderabad.
Charter Member: International Federation of Purchasing and
Supply Management, Bristol, U.K
Spare Parts Management – Innovative Methods for Better Assets Utilization
Today we find that a lot of machines are lying idle for want of spare parts. This certainly does not
mean shortage of spare parts. Our experience shows that for every spare used, five or more parts
are held in stores, which perhaps may not be used & obsolete.
Spare parts form lifeblood to enhance reliability as well as plant capacity. Machines cannot
operate at a high level of output without a reliable supply of requisite spare parts. Spare parts form
the substratum on which operational reliability is built and this requires appropriate storage,
treatment of, and timely access to the requisite parts. However, spare parts management
disregarded contributor to reliability outcomes.
Innovative Management of spare parts enables manufacturing organizations to maintain a high
service level and optimize the inventory costs. However, fits and starts demand patterns are often
characterizing spare parts, having periods of zero demand, with occasional periods with non-zero
demands and in addition can be highly variable in quantity size. Further theorganizations must be
aware that some spare parts can be critical, and stock-out costs might result disproportionally high
compared to the cost of the item.
In the last two decades, the manufacturing and process industries have undergone fundamental
changes with the presence of ever-increasing automation, sophisticated IT infrastructure,
electronics and microprocessor-based equipment (DCS) in every aspect of the business. These
changes have opened up a new, very complex class of equipment with random failure pattern
(electronics fail at random and failure rate is unpredictable) and calls for sophisticated
troubleshooting skills. Consequently, it is important to develop management strategies to ensure
that the required levels of plant uptime, cost and business risk are met at the lowest possible cost.
One of the biggest surprises over the years is the relatively low number of asset managers that
take the maintenance of spare parts seriously.
Objectives
The primary objective of this programme is to upgrade the knowledge of junior and middle
management executives and hone the skills of senior executives. Participation in this programme
will equip the participants with the nuances of spare parts and maintenance management
practices to enhance the productivity.
Target Group
The seminar is designed to meet the requirements of all functional executives in the areas of Materials,
Production and Maintenance, Corporate Planning & other related activities, employed in.
Central and State Government Departments
State and Central Public Sector Undertakings
Indian Railways
Defense Organisations
State Electricity Boards
Government Hospitals & Healthcare Institutions
University/Educational Institutions of Higher Learning
Transport Undertakings
National Research Laboratories
Manufacturing & Process Industries – Private Sector
PROGRAMME OUTLINE
The topics proposed to be covered in the programme are:
Spare parts planning or Music-3D of spare parts
Automation and its impact on Maintenance Management
Cost Reduction approach to spare parts
Preventive, Predictive and Total Productive Maintenance Systems
FACULTY
The galaxy of speakers includes top executives in Public and Private Sector Companies and also from
IIMM fraternity.
DATE and TIME
23rd April 2015, from 9:30 AM to 5:30 PM
PARTICIPATION FEE
Rs. 5000/- per participant
Rs. 4500/- for IIMM Members / Institutional Members
Service Tax @ 14.00% extra
Non-Members will be provided with one year complementary membership
VENUE
Hotel Sitara Residency,
Swagath Banquet Hall,
Beside Chandana Brothers, Ameerpet, Hyderabad-500016.
Contact Person at Hotel Sitara: Mr. Nageswara Rao, Manager - +91-9246359355
NOMINATION
The nominations may please be sent by filling the enclosed Registration Form
along with a cheque or draft in favour of “INDIAN INSTITUTE OF MATERIALS
MANAGEMENT” payable at Hyderabad for an appropriate amount on or
before 15th April 2015 to IIMM, Hyderabad. You may also send the nominations
by e-mail.
PROGRAMME DIRECTOR
Dr. V. Venkat Reddy
Distinguished Member - IIMM and Hon. Course Director
For further details contact
Mr. P. Somasekhara Rao- Branch Chairman (+91-9948096082)
ABOUT IIMM
INDIAN INSTITUTE OF MATERIALS MANAGEMENT (IIMM) emerged as all India
body in 1975 with the merger of three Professional Associations. The National
Association of Materials Management, which until 1976 was known as National
Association of Purchasing Executives, The Materials Management Association
of India earlier known as Purchasing Officers Association and the Materials
Management Association of Hyderabad. This merger was in itself a milestone,
thus giving birth to an institute in its present form; IIMM is the only
professionally recognized body in the field of Materials Management.
IIMM is a Charter Member of International Federation of Purchasing & Supply
Management (IFPSM), Atlanta (U.S.A.). IFPSM is the union of 43 National
Purchasing Associations worldwide. Within this circle, about 200,000
Purchasing Professionals can be reached. IFPSM is a non-political, independent
and non-profit oriented International Organization, registered in Aarau,
Switzerland.
As on date, IIMM has 48 branches and 19 chapters in the country with
Headquarters and Educational wing at NAVI MUMBAI.
IIMM has over 15,000 members comprising of professionals engaged in
Materials Management functions in public and private sector undertakings,
Government organizations, Defense, SMEs and students of educational
courses conducted by the Institute.
IIMM MISSION STATEMENT
“To promote professional excellence in materials management towards
national prosperity through sustainable development”
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INDIAN INSTITUTE OF MATERIALS MANAGEMENT
Hyderabad Branch
Flat No.105, Block A, Suncity Apartments, # 8-3-483, Yellareddyguda,
Hyderabad (TS)-500 073. Tel: 040-65504252, 23744252 Mobile: 9949872010
Email: iimmhyd@hotmail.com, Website: www.iimmhyd.org