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Operations & Supply Chain

Spare Parts and MRO Inventory Management

Maintenance, repair and operations inventory is essential for asset uptime but often ties up large amounts of capital. This course covers spare parts classification, criticality analysis, stocking policies, forecasting for intermittent demand, cataloguing, storage and preservation, and MRO procurement.

5 days Classroom or live online English
Smart Horizon Certified - Global Leadership Consultants
Take the course details with you.

Download the full standard outline: why attend, methodology, objectives, audience, competencies, the daily outline and current plans.

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Why attend

From knowledge to real-world impact.

Stockouts of critical spares cause costly downtime, while excess stock wastes capital. This course helps you balance availability and cost.

Workplace challenges

Professional Problems This Course Is Designed to Solve

The programme explores practical approaches to the following challenges. Results depend on how the learning is applied in your organisation.

  • Difficulty translating subject knowledge into practical workplace decisions.
  • Inconsistent approaches to the activities covered in the course outline.
  • Lack of a structured plan for applying and reviewing new skills.
Course methodology

How you will learn.

The course uses criticality workshops, inventory analysis exercises, case studies and policy design.

Course objectives

What you'll take away.

By the end of this course, participants will be able to:

  • Classify spare parts and MRO items
  • Assess criticality and risk
  • Set stocking policies and reorder levels
  • Forecast intermittent demand
  • Improve cataloguing and data quality
  • Optimise storage, preservation and procurement
Target audience

Who should attend.

This course is suitable for:

  • Materials and inventory managers
  • Maintenance planners
  • Warehouse managers
  • Procurement professionals
  • Reliability engineers
Target competencies

Capabilities you will build.

Participants will develop competencies in:

  • Spare parts classification
  • Criticality analysis
  • Stocking policy
  • Intermittent demand forecasting
  • Master data management
  • MRO procurement
Course outline

Your learning journey.

A focused, practical outline with time to explore, apply and reflect.

Day 1MRO Inventory Fundamentals

  1. 09:00–09:54Characteristics of spare parts
  2. 09:54–10:48Costs and service trade-offs
  3. 10:48–11:00Roles and responsibilities
  4. 11:00–11:30Coffee break
  5. 11:30–12:12Roles and responsibilities (continued)
  6. 12:12–13:06Benchmarking
  7. 13:06–14:00Exercise: Inventory profile

Day 2Criticality and Classification

  1. 09:00–09:54ABC and VED analysis
  2. 09:54–10:48Criticality assessment
  3. 10:48–11:00Insurance spares
  4. 11:00–11:30Coffee break
  5. 11:30–12:12Insurance spares (continued)
  6. 12:12–13:06Obsolescence
  7. 13:06–14:00Workshop: Criticality analysis

Day 3Stocking Policies

  1. 09:00–09:54Min-max and reorder points
  2. 09:54–10:48Intermittent demand methods
  3. 10:48–11:00Service levels
  4. 11:00–11:30Coffee break
  5. 11:30–12:12Service levels (continued)
  6. 12:12–13:06Pooling
  7. 13:06–14:00Lab: Setting stock levels

Day 4Data and Storage

  1. 09:00–09:54Cataloguing standards
  2. 09:54–10:48Duplicate removal
  3. 10:48–11:00Storage and preservation
  4. 11:00–11:30Coffee break
  5. 11:30–12:12Storage and preservation (continued)
  6. 12:12–13:06Kitting
  7. 13:06–14:00Case study: Cleaning MRO data

Day 5Procurement and Improvement

  1. 09:00–09:54Supplier agreements
  2. 09:54–10:48Consignment stock
  3. 10:48–11:00Inventory reduction projects
  4. 11:00–11:30Coffee break
  5. 11:30–12:12Inventory reduction projects (continued)
  6. 12:12–13:06KPIs
  7. 13:06–14:00Capstone: MRO improvement plan

The timings provided are estimates and may vary depending on the number of participants and the discussions taking place during the sessions. They are indicative only and do not constitute a binding commitment.

Dates & venues

Find a session that works for you.

Confirmed dates accept registration requests. Tentative dates are enquiry only.

Kuala Lumpur 9 Nov - 13 Nov 2026
Confirmed dates
€1,450.-Register
Online Live virtual classroom 9 Nov - 13 Nov 2026
Confirmed dates
€1,250.-Register
Paris 23 Nov - 27 Nov 2026
Confirmed dates
€2,860.-Register
Online Live virtual classroom 23 Nov - 27 Nov 2026
Confirmed dates
€1,250.-Register
Istanbul 7 Dec - 11 Dec 2026
Confirmed dates
€2,650.-Register
Online Live virtual classroom 7 Dec - 11 Dec 2026
Confirmed dates
€1,250.-Register
Amsterdam 14 Dec - 18 Dec 2026
Confirmed dates
€2,540.-Register
Online Live virtual classroom 14 Dec - 18 Dec 2026
Confirmed dates
€1,250.-Register
Singapore 11 Jan - 15 Jan 2027
Confirmed dates
€2,820.-Register
Online Live virtual classroom 11 Jan - 15 Jan 2027
Confirmed dates
€1,250.-Register
Rome 18 Jan - 22 Jan 2027
Confirmed dates
€2,450.-Register
Online Live virtual classroom 18 Jan - 22 Jan 2027
Confirmed dates
€1,250.-Register
London 25 Jan - 29 Jan 2027
Confirmed dates
€2,450.-Register
Online Live virtual classroom 25 Jan - 29 Jan 2027
Confirmed dates
€1,250.-Register
Dubai 8 Feb - 12 Feb 2027
Confirmed dates
€3,150.-Register
Online Live virtual classroom 8 Feb - 12 Feb 2027
Confirmed dates
€1,250.-Register
Frankfurt 22 Feb - 26 Feb 2027
Confirmed dates
€2,650.-Register
Online Live virtual classroom 22 Feb - 26 Feb 2027
Confirmed dates
€1,250.-Register
Kuala Lumpur 8 Mar - 12 Mar 2027
Confirmed dates
€1,450.-Register
Online Live virtual classroom 8 Mar - 12 Mar 2027
Confirmed dates
€1,250.-Register
Paris 22 Mar - 26 Mar 2027
Confirmed dates
€2,860.-Register
Online Live virtual classroom 22 Mar - 26 Mar 2027
Confirmed dates
€1,250.-Register
Barcelona 29 Mar - 2 Apr 2027
Confirmed dates
€2,840.-Register
Online Live virtual classroom 29 Mar - 2 Apr 2027
Confirmed dates
€1,250.-Register
Istanbul 12 Apr - 16 Apr 2027
Confirmed dates
€2,650.-Register
Online Live virtual classroom 12 Apr - 16 Apr 2027
Confirmed dates
€1,250.-Register
Amsterdam 26 Apr - 30 Apr 2027
Confirmed dates
€2,540.-Register
Online Live virtual classroom 26 Apr - 30 Apr 2027
Confirmed dates
€1,250.-Register
Singapore 10 May - 14 May 2027
Confirmed dates
€2,820.-Register
Online Live virtual classroom 10 May - 14 May 2027
Confirmed dates
€1,250.-Register
London 24 May - 28 May 2027
Confirmed dates
€2,450.-Register
Online Live virtual classroom 24 May - 28 May 2027
Confirmed dates
€1,250.-Register
Rome 31 May - 4 Jun 2027
Confirmed dates
€2,450.-Register
Online Live virtual classroom 31 May - 4 Jun 2027
Confirmed dates
€1,250.-Register
Dubai 14 Jun - 18 Jun 2027
Confirmed dates
€3,150.-Register
Online Live virtual classroom 14 Jun - 18 Jun 2027
Confirmed dates
€1,250.-Register
Frankfurt 21 Jun - 25 Jun 2027
Confirmed dates
€2,650.-Register
Online Live virtual classroom 21 Jun - 25 Jun 2027
Confirmed dates
€1,250.-Register
Kuala Lumpur 12 Jul - 16 Jul 2027
Confirmed dates
€1,450.-Register
Online Live virtual classroom 12 Jul - 16 Jul 2027
Confirmed dates
€1,250.-Register
Vienna 19 Jul - 23 Jul 2027
Confirmed dates
€2,940.-Register
Online Live virtual classroom 19 Jul - 23 Jul 2027
Confirmed dates
€1,250.-Register
Paris 26 Jul - 30 Jul 2027
Confirmed dates
€2,860.-Register
Online Live virtual classroom 26 Jul - 30 Jul 2027
Confirmed dates
€1,250.-Register
Istanbul 9 Aug - 13 Aug 2027
Confirmed dates
€2,650.-Register
Online Live virtual classroom 9 Aug - 13 Aug 2027
Confirmed dates
€1,250.-Register
Amsterdam 23 Aug - 27 Aug 2027
Confirmed dates
€2,540.-Register
Online Live virtual classroom 23 Aug - 27 Aug 2027
Confirmed dates
€1,250.-Register
Singapore 13 Sept - 17 Sept 2027
Confirmed dates
€2,820.-Register
Online Live virtual classroom 13 Sept - 17 Sept 2027
Confirmed dates
€1,250.-Register
London 20 Sept - 24 Sept 2027
Confirmed dates
€2,450.-Register
Online Live virtual classroom 20 Sept - 24 Sept 2027
Confirmed dates
€1,250.-Register
Cape Town 27 Sept - 1 Oct 2027
Confirmed dates
€1,890.-Register
Online Live virtual classroom 27 Sept - 1 Oct 2027
Confirmed dates
€1,250.-Register
Dubai 11 Oct - 15 Oct 2027
Confirmed dates
€3,150.-Register
Online Live virtual classroom 11 Oct - 15 Oct 2027
Confirmed dates
€1,250.-Register
Frankfurt 25 Oct - 29 Oct 2027
Confirmed dates
€2,650.-Register
Online Live virtual classroom 25 Oct - 29 Oct 2027
Confirmed dates
€1,250.-Register
Kuala Lumpur 8 Nov - 12 Nov 2027
Confirmed dates
€1,450.-Register
Online Live virtual classroom 8 Nov - 12 Nov 2027
Confirmed dates
€1,250.-Register
Paris 22 Nov - 26 Nov 2027
Confirmed dates
€2,860.-Register
Online Live virtual classroom 22 Nov - 26 Nov 2027
Confirmed dates
€1,250.-Register
Cape Town 29 Nov - 3 Dec 2027
Confirmed dates
€1,890.-Register
Online Live virtual classroom 29 Nov - 3 Dec 2027
Confirmed dates
€1,250.-Register
Istanbul 6 Dec - 10 Dec 2027
Confirmed dates
€2,650.-Register
Online Live virtual classroom 6 Dec - 10 Dec 2027
Confirmed dates
€1,250.-Register
Amsterdam 13 Dec - 17 Dec 2027
Confirmed dates
€2,540.-Register
Online Live virtual classroom 13 Dec - 17 Dec 2027
Confirmed dates
€1,250.-Register

Good to know

A few things to know.

How is the course delivered?

Our classroom programmes combine facilitated discussion, case studies, exercises and reflection. The precise format will be confirmed before enrolment.

Can you deliver this programme for our team?

Yes, you can enquire about a tailored programme. Share your goals, group size and preferred dates with our learning team.

Will I receive a certificate?

Participants who complete the programme receive a Smart Horizon certificate of attendance. Smart Horizon programmes are not externally accredited and do not award a professional qualification, licence or designation. Where a course title or outline refers to a professional certification (for example, AACE International's Certified Cost Professional), the programme supports learning and preparation only; the credential itself is awarded solely by the relevant professional body under its own application and examination requirements.

What should I confirm before booking travel?

Please confirm the session, exact venue, accessibility arrangements, fees and any visa requirements with the team before arranging travel. Tentative dates are not confirmed sessions.

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