COURSE OVERVIEW:

Maintenance is often erroneously viewed as a "necessary evil" and a drain on corporate resources. This course flips that perspective, presenting maintenance as a primary driver of corporate profitability and competitive advantage. It focuses on the transition from "Cost Management" to "Value Management," where maintenance strategies are directly linked to the organization's bottom line through improved asset availability, energy efficiency, and product quality.

The scope of this training involves the application of advanced reliability and financial tools to optimize the return on maintenance investment. Participants will learn how to calculate the "Cost of Unreliability" and use it to justify strategic shifts in maintenance tactics. The curriculum emphasizes the "Profit-Centric" approach, which balances the cost of maintenance activities against the financial consequences of equipment failure, ensuring that every dollar spent is optimized for maximum risk reduction.

Coverage includes the integration of "Lean Maintenance" to eliminate waste, the use of "Life Cycle Costing" (LCC) for asset acquisition, and the optimization of spare parts inventory to reduce "Working Capital." Attendees will explore how to communicate maintenance "Success Stories" in the language of the CFO—focusing on EBITDA, ROCE, and Net Present Value. By the end of this course, participants will be able to transform their maintenance department into a "Profit Center" that contributes significantly to the operational success of the enterprise.

COURSE OBJECTIVES:

After completion of this course, the participants will be able to:

• Define the relationship between "Maintenance Excellence" and "Corporate Profit."
• Calculate the "Cost of Unreliability" (Lost Revenue + Direct Costs).
• Implement "Value-Driven Maintenance" (VDM) principles.
• Optimize the "Preventive Maintenance" (PM) program to reduce waste.
• Apply "Risk-Based Thinking" to prioritize maintenance expenditures.
• Utilize "Life Cycle Costing" (LCC) to support procurement decisions.
• Reduce "Working Capital" through optimized spare parts management.
• Identify and eliminate the "Six Big Losses" using maintenance tactics.
• Quantify the "Energy Savings" achieved through precision maintenance.
• Measure the "Return on Investment" (ROI) of reliability initiatives.
• Communicate maintenance performance using financial KPIs (EBITDA/ROCE).
• Develop a "Maintenance Profitability Roadmap" for senior leadership.

TARGET AUDIENCE:

This course is designed for Maintenance Managers, Plant Managers, Asset Managers, Reliability Directors, and Finance Professionals involved in industrial operations.

TRAINING COURSE METHODOLOGY:

A highly interactive combination of lectures, discussion sessions, and case studies will be employed to maximize the transfer of information, knowledge, and experience. The course will be intensive, practical, and highly interactive. The sessions will start by raising the most relevant questions and motivating everybody to find the right answers. The attendants will also be encouraged to raise more of their questions and to share in developing the right answers using their analysis and experience. There will also be some indoor experiential activities to enhance the learning experience. Course material will be provided in PowerPoint, with necessary animations, learning videos, and general discussions.

The course participants shall be evaluated before, during, and at the end of the course.

COURSE CERTIFICATE:

National Consultant Centre for Training LLC (NCC) will issue an Attendance Certificate to all participants completing a minimum of 80% of the total attendance time requirement.