Cost Reduction Techniques for Maintenance

Cost Reduction Techniques for Maintenance

Cost reduction strategies are geared towards generating substantial revenue from preexisting elements without making additional sales. The process identifies profitable procedures already in place and optimizes procedures to maximize profitability. Cost reduction enables businesses to identify their current needs, forecast future sales, and understand the factors that help or prevent their products from selling. A successful cost reduction strategy includes the entire organization and all levels of management.

At least 30 - 40% of operational costs of a manufacturing organization comes from maintenance activities. Maintenance costs such as spare parts, tools, consumables and modifications could be put into good use if the unnecessary costs were under control. A lot can be done to minimize maintenance costs if the maintenance personnel understand the implication of good PQCDS in the overall cost management in maintenance. This program is designed to give maintenance personnel the much-needed techniques to eliminate non-value-added activities and work on cost saving activities.

Outline :

1.       Understanding Maintenance Operations

2.       General Cost Distribution In Maintenance

3.       Breakdown Cost Reduction

4.       Spare Parts Cost Reduction (Learn and Shop Smart, Collaborate with Suppliers)

5.       Maintenance Cost Reduction Techniques

6.       Waste Reduction Techniques

Peserta :

Finance and Accounting Manager, Project Manager, Cost Controller, Financial Controller, Operating and Administration, Maintenance Staff and Supervisor