This leadership event will focus on Assets, Maintenance & Reliability - The MRO approach

You are walking around your busy site, comforted by the rhythmic sounds of industry. All seems to be running well, but beneath the surface noise, is it really? There are hidden inefficiencies, lurking in your equipment management, that are costing you time and eating your profits.

Say you have an unexpected breakdown?

Are the spares available?
Do you have the correct tools close to hand?
Are you waiting on equipment or people availability?

This is where the importance of MRO, or maintenance, repair, and operations, becomes clear.

MRO materials are the unsung hero of your engineering and production processes, ensuring that every cog in your business machine is well-oiled and functioning optimally.

Every MRO Supply Chain in every business has poor quality data, a high percentage of unplanned demand, high percentages of direct charge spend, or immature purchasing processes. And many experience one or all of these challenges daily!

MRO Materials Management is about managing RISK at the lowest possible COST.

At our state forum, we will dive into why mastering MRO materials management could be your key to unlocking unprecedented productivity and cost savings.

We will discuss:

DEMAND SIGNAL – Engineering parts and operating supply requirements
- The demand signal is the trigger that sets the entire MRO supply chain into action.
- The quality of this signal is a key input into the MRO material stocking strategy.
- Free Text spending habits vs. catalogued material spend
WAREHOUSING / INVENTORY
- Warehouse operations focus on three pillars, (1) receipting, (2) stock control, (3) issuing. Easier said than done with a significant impact on RISK and COST.
- Inventory Optimisation relies on high-quality data but how often to businesses update lead times and reorder points? Well managed inventory presents surprising opportunities.
SUPPLY – Procurement & Purchasing
- Catalogued materials should all be linked in two ways, (1) to a piece of equipment within the operations and, (2) to at least one supplier.
- When this is achieved, your supply chain is enabled for automation and optimisation.

Our QLD forum events are great opportunities to collaborate with others in your field to share and acquire knowledge. Attendance typically exceeds 30 people so you will depart with increased knowledge and a broader network to call upon in the future.
This forum will flush out the key challenges that you are facing in Assets and Maintenance with a focus on general topics and MRO Materials management.

Our Presenter:

TIM MCLAIN
Chief Strategy Officer; Missing Link Supply Services
LinkedIn Profile

Tim is passionate about improving your business.

Missing Link helps you to better understand your MRO supply chain and support you in lifting your capability.

The Missing Link team has worked with leading organisations across mining, manufacturing, oil & gas, utilities, utilities and the public sector, both on the industry and vendor sides of the relationship.

Agenda:
08:15 Arrival and registration
08:30 Group Discussions
09:00 Session 1: Assets and maintenance - Key challenges in 2024
10:00 Morning tea
10:30 Session 2: Missing Link Supply Solutions
12:00 Lunch
12:45 Session 3: Forum discussions
14:30 Event ends

Who should attend?
Assets and Reliability professionals, maintenance managers, Inventory Managers, Procurement professionals and supervisors.
As a member of IPA you can register up to 2 people to attend this event.
This event is for IPA members only, there will be no public access to this event.

When do I need to register by?
Registrations close 7 days prior to event date.
Registrations are based on a "first-come, first-served" basis.
There are no allocated seats with membership.

Who can I contact for further information?

Samantha Jeffrey | National Engagement & Event Manager
samantha@industrypartners.com.au
0438 058 823

Please note that we may take photos/videos at IPA events for use in marketing or social media. If you wish to be exempted from these, please contact the event organiser.

Contact the host of Forum | QLD - Assets, Maintenance, and Spare Parts management

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