Fixed Assets Management & Tracking Systems

14-15 Nov, 2018, Kuala Lumpur

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


 

LEARN FROM THE BEST

MANO HAARAN has immense experience and knowledge in the Supply Chain and Training environment. He brings along 21 years of direct managerial logistics & supply chain working experience, ranging from a large multi-million dollar organisation to small and medium sized companies, and more then 18 years of training experience in these areas.

 

He holds Masters in Business Administration (MBA) USA, an Advanced Diploma in Business Administration, UK, and various certificates in logistics and supply chain management. Currently, he is pursuing his Ph D.

 

He acquired substantial, practical and invaluable work experience in challenging situations, in the warehouse, purchasing, inventory management, stock auditing, material part numbering & coding, project management, etc. Initially, he worked for a large organisation and later for a number of small entrepreneurial organisations acquiring sufficient knowledge and exposure of the total logistics and supply chain management. These exposure and experience prompted him to start his own consulting, training and systems development company that specialises in the logistics and supply chain management.

 

Haaran, has been an entrepreneur, strategist, speaker and consultant. His consultation includes supply chain and logistics efficiency, productivity improvement, total cost management, warehousing, inventory management, materials coding, standards and process documentation, systems development, purchasing negotiation, to improve and troubleshoot situation at workplace. His landmark consulting experience was designing of materials part numbering and coding systems, preparation of standards, policies and procedures for a large rail network. In the course of his work assignments he is constantly faced with crisis and disaster situations that have never been addressed by companies. He works with these organizations to address critical issues, resolve disruptive and sometimes life threatening situations and advice on business continuity plans.

 

His clients range from small and medium industries to large multinationals specifically in manufacturing, logistics & supply chain, banking, petroleum & gas related, printing, hospitality industry, etc.

 

Haaran is also a speaker & trainer who is much sort after. With training and development as a passion to him, he has facilitated numerous public and corporate training programs in Malaysia, Indonesia & Brunei.

 

He has also prepared project papers in electronic data interchange and its impact on the future of business, ancient logistics – the lessons to learn about supply chain & logistics management.

 

Haaran has developed curriculum, training materials and training aids for Certificate, Executive Diploma, Bachelor, and MSc. in Logistics and Supply Chain Management for a large training group.

 

VENUE DETAILS

Hotel Istana
73 Jalan Raja Chulan
50200 Kuala Lumpur

Phone :03 2141 9988

 

IPA TRAINING IS REGISTERED WITH

 

CONTACT US

Juliany, 
O - 03 2283 6109,
M - 019 3134436
juliany@ipa.com.my 

Michelle, 
O - 03 2283 6100, 
M - 019 363 7822
michelle@ipa.com.my 

For Customised In-House Training
Yvonne,
O - 03 2283 6101, 
M - 012 2011247,

F - 03 2283 6108
 
yvonne@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