Fixed Assets Management & Tracking Systems

24-25 Jul, 2018, Hotel Istana

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MANO HAARAN has more than 21 years of practical work experience in contracts administration, supplier management, procurement, project management, supply chain and logistics, etc. He specializes in training, facilitation and consulting to both the public and private sector in areas like Procurement Efficiencies including addressing issues of contracts administration, fraud, cost management and product life cycle management, Warehouse Management, Operations Management, Total Cost Management, Supply Chain Management, Total Logistics management, Stock Taking and Auditing.

 

His landmark consulting experience was designing of materials part numbering and coding systems, preparation of standards, policies and procedures for a large rail network. He was also involved as a consultant for the development of an automated business solution for a wholesale/retail stationery business with off shore branches where he was instrumental in business process analysis, process improvement, project management and eventual successful completion and commission of the system.

 

Mr. Haaran’s sample of illustrious clients list for training include Shell, UMW Toyota Motor, Celcom, Samsung, Proton, Colgate-Palmolive, Eon Finance, Philips, Hicom-Yamaha, Malaysian Oxygen, NEC, Petronas, General Electrics, Gamuda, Johnson & Johnson Medical, JVC, Kontena Nasional, Glaxo Wellcome, Hitachi, Hong Leong Lurssen Shipyard, National Heart Institute (IJN), Kenwood, Macfood Service, Nestle, Mattel, Matsushita Industrial Corporation, Maybank, Minolta Precision Engineering, MISC, Perwaja Steel, Seagate, Canon, BASF and UPS, Petronas Carigali, Sidel, Western Digital, Perodua, Sharp, Panasonic.

 

He holds Masters in Business Administration (MBA) USA.

Venue Details

Hotel Istana
73 Jalan Raja Chulan, 50200 Kuala Lumpur,
Phone : 03 2141 9988

Click For Hotel Location

Contact us

Juliany,
03 2283 6109
juliany@ipa.com.my

Phoebe,
03 2283 6100
phoebe@ipa.com.my 

FOR CUSTOMISED IN-HOUSE TRAINING
Jane,
03 2283 6101
Jane@ipa.com.my

ADDRESS 
A-28-5, 28th Floor, Menara UOA Bangsar, 
No.5, Jalan Bangsar Utama 1, 
59000 Kuala Lumpur
www.ipa.com.my

COURSE HIGHLIGHTS
  • Introduction to Fixed Assets & Capital Equipment
  • Classification & Coding Fixed Assets Registry
  • Asset Management Strategy
  • Asset Acquisition
  • Asset Operations
  • Disposal & Retirement of Assets
  • Transfers of Fixed Assets
  • Tracking Systems
  • Physical Inventory Taking and Reconciliation
OBJECTIVES

This course is designed to provide a comprehensive understanding of how fixed assets and capital equipments are managed, controlled, accounted for and subsequently disposed off. In the process, participants will learn how the product life cycle costing helps decide on acquisition strategies that are relevant and help the company invest in fixed assets in the most efficient manner.

WHO SHOULD ATTEND
  • Persons Responsible For Fixed Assets Management
  • Departmental Managers
  • Purchasing Managers, Executives, Clerks
  • Facilities / Assets Managers
  • Finance & Administration Managers
  • Auditors / Stocktakers
  • Executives
METHODOLOGY
Interactive Presentation, Exercises/Case Studies,
Discussion
AFTER ATTENDING THIS COURSE,
YOU WILL RETURN TO YOUR JOB…
  1. Mastering The Skills Of Physical Management Of Fixed Assets Through Efficient Coding System.
  2. Maintaining Fixed Assets Registry Effectively.
  3. Understanding Asset Life Cycle Costing To Fixed Asset Management.
  4. Knowing Acquisition Process That Aligns With Company Strategies.
  5. Providing Relevant And Essential Management Reports To Manage Fixed Assets Better.
  6. Managing Location Of Fixed Assets With Simple
    And Effective Tracking Systems.
  7. Addressing Stocktaking And Reconciliation Of Fixed Assets Effectively
  
DAY 1
9:00 INTRODUCTION TO FIXED ASSETS & CAPITAL EQUIPMENT
  • Definition
  • Types of Fixed Assets & Capital Equipment
  • Asset Life Cycle
  • Asset Management Principles
10:00 CLASSIFICATION & CODING
  • Classifying Fixed Assets And Capital Equipments
  • Understanding How & Why Coding System Works
  • Asset Coding - Methods; Manual & Computerized Systems
11:30 FIXED ASSETS REGISTRY
  • A Need For Assets Registry
  • Purpose And Functions Of The Registry
  • Input And Information Requirements Of The Registry
1:00 Lunch

2:00 ASSET MANAGEMENT STRATEGY
  • Elements Of Asset Management Strategy
  • Aligning Assets With Programs
3:45 ASSET ACQUISITION
  • Alternatives To Asset Ownership
  • Establishing Life-Cycle Costs
  • A Brief On: NPV, IRR, Payback, ARR
  • Methods Of Acquisition
5:00

End of Day 1

DAY 2
9:00 ASSET OPERATIONS
  • Financial Accountability
  • Performance Accountability
  • Integrated Performance Report
  • Maintenance Policies
  • Depreciation of Assets
10:00 DISPOSAL & RETIREMENT OF ASSETS
  • Disposal Decision
  • Alternatives To Disposal
  • Methods Of Disposal
  • Assessment Of Performance
11:30 TRANSFERS OF FIXED ASSETS
  • Internal, Externa
  • Documentation
  • Location Management
  • Addressing Costs
1:00 Lunch

2:00 TRACKING SYSTEMS
  • Physical Tracking Of Assets
  • Tagging Of Assets
  • Computers And Manual Tracking Systems
3:45

PHYSICAL INVENTORY TAKING AND RECONCILIATION

  • Frequency Of Stocktake
  • Addressing Errors And Differences
  • Reconciliation
5:00 End of Course