Managing Engineering Stores Can be a Costly Headache!

5 March @ 9:00 am – 6 March @ 5:00 pm

In a typical manufacturing or process-led environment, expenditure on spare parts and engineering materials is between 35% and 45% of the total asset care budget. Improving the use and cost of spare parts will ensure inventory is kept to a minimum. Quick turnaround is a key feature of cost management.

A complete spare parts and materials approach applied to an average situation can result in 20-25% stock level reductions and improved service levels. Delegates will gain an understanding of what category of stockholding is required, stores and purchasing policies, control systems and supplier management.

Course Overview

Course Type: Maintenance & Asset Management Qualification: City and Guilds Accredited Certificate. (Spares and Materials Management (Maintenance Repair & Operating Materials)

Venue: Solihull Training Centre (MCP Headquarters)

Duration: 2 Days

Date: 5-6th March 2018

Cost: £610 + VAT

Who Should Attend?:

Anyone with responsibility for engineering materials and spare parts, looking to gain best practice knowledge and gain substantial cost savings

The Course will Focus on:

  • The role of stores
  • Stores layout and access control
  • Supply Chain Management
  • Classification and standard description methods of parts
  • Accountability for inventory management
  • Setting objectives for parts and stores management
  • Determining the right levels of stock (setting minimum and maximum levels )
  • Purchasing policies
  • How to use Computerised Maintenance Management Systems to manage and control parts
  • Receiving, Storing and Issuing of parts
  • Performance measures and key indicators
  • Outsourcing versus in-house stores management


5th – 6th March, 2018
Solihull Training Centre (MCP Headquarters)
£610 + VAT

John Saysell:
Head of Business Development and Training

MCP Consulting Group Ltd.
Blythe Valley Innovation Centre, Blythe Valley Business Park, Solihull. West Midlands, B90 8AJ

T. +44 (0)121 506 9030
M. +44 (0)7710 348761

Try our on-site training for parties of more than 5 delegates Ask for details

Managing Engineering Stores Can be a Costly Headache!