Spare Parts Management & Inventory Optimization

1) Course Introduction

This course enhances participants’ understanding of spare parts strategy, inventory planning, and warehouse optimization for maintenance operations.

At the supply-chain maintenance core, Seattle International Institute for Training integrates forecasting tools, criticality analysis, and service level optimization.

2) Key Learning Objectives

Participants will learn to:

· Classify spare parts using criticality analysis

· Optimize stock levels and reorder points

· Improve warehouse layout and efficiency

· Apply forecasting models

· Reduce costs while maintaining reliability

3) Target Audience

· Maintenance planners

· Warehouse & inventory teams

· Reliability engineers

· Supply chain analysts

4) Course Importance & Business Impact

Proper spare parts management reduces downtime and avoids excessive inventory costs.

5) Practical Modules / Key Topics

· Criticality ranking

· Stock optimization

· Forecasting methods

· Warehouse management

· KPI dashboards