Master’s in Spare Parts and Life Cycle Management Engineering
Online master's programme of 1,900 hours in spare parts and lifecycle management engineering. 12 modules covering asset lifecycle, spare parts classification, intermittent demand forecasting, inventory models, repairable spares and reverse logistics, obsolescence management, supportability, warehousing, procurement, information systems and life cycle costing, with an assigned technical tutor.
Take the controls.
Run a real engineering trade-off from this field. Move the sliders, watch the model react in real time and beat the challenge.
What you will be able to do
Classify spare parts by value, variability and criticality.
Forecast intermittent spare parts demand with specific methods.
Size inventories using service level models.
Manage repairable spares and reverse logistics.
Plan proactive obsolescence management.
Evaluate asset decisions using life cycle cost.
Integrate spare parts management into CMMS and ERP systems.
Who it's for
- Logistics support engineers.
- Spare parts managers.
- Asset lifecycle managers.
- Inventory analysts.
- Obsolescence engineers.
- Technical procurement managers.
- Engineering or science graduates seeking to enter the automotive sector.
What you'll work with
- ISO 55000 (asset management: overview, principles and terminology)
- IEC 60300-3-3 (life cycle costing)
- IEC 62402 (obsolescence management)
- ISO/IEC/IEEE 15288 (system life cycle processes)
- IEC 60706-2 (maintainability requirements and studies)
- ASD S2000M (international specification for material management)
- ASD S3000L (international specification for logistics support analysis)
- ISO 8000-1 (data quality)
- SAP MM and PM
- IBM Maximo
- Python with statsmodels
- AnyLogistix
- Microsoft Power BI
12 modules · 1900 h
1.1Phases of a system lifecycle1.2Lifecycle engineering according to ISO/IEC/IEEE 152881.3Life cycle cost and its breakdown1.4Integrated logistics support1.5Obsolescence as a lifecycle risk1.6End of life, decommissioning and recycling1.7Relationship between design and supportability1.8Asset management according to ISO 550001.9Lifecycle of automated equipment1.10Case study: cost profile of a robotic line
2.1Taxonomy of spare parts and consumables2.2Material coding and cataloguing2.3Material master data2.4ABC analysis by value and XYZ by variability2.5VED criticality analysis2.6Strategic and capitalisable spares2.7Interchangeability and equivalents2.8Catalogue cleansing and deduplication2.9Standardisation with ISO 80002.10Workshop: multi-criteria classification of a storeroom
3.1Characteristics of intermittent demand3.2Croston and SBA methods3.3The TSB method and variants3.4Forecasting based on reliability and installed base3.5Demand derived from the maintenance plan3.6Error metrics for intermittent demand3.7Demand bootstrapping3.8Machine learning in spare parts forecasting3.9Forecasting new components with no history3.10Lab: comparing Croston and TSB
4.1Continuous and periodic review policies4.2The (s, S) model and reorder point4.3Service level and fill rate4.4Safety stock with Poisson demand4.5The METRIC model for repairable spares4.6Multi-echelon inventory systems4.7Inventory of slow-moving parts4.8Stock-out cost versus holding cost4.9Inventory optimisation by criticality4.10Practical exercise: sizing the stock of critical spares
5.1Repair cycle of rotables5.2Repair times and pipeline5.3In-house versus external repair shops5.4Reverse logistics and returns5.5Core and warranty management5.6Refurbishment and remanufacturing5.7Serial-number traceability5.8Repair shop indicators5.9Circular economy in spare parts5.10Case study: pool of repairable motors
6.1Types of obsolescence and their causes6.2Proactive management according to IEC 624026.3Component monitoring and end-of-life notices6.4Strategies: last-time buy, alternatives and redesign6.5Obsolescence of electronics and PLCs6.6Software and firmware obsolescence6.7Obsolescence risk matrix6.8Migration plans for control systems6.9Cost of obsolescence6.10Workshop: obsolescence plan for an automation system
7.1Reliability data for sizing spares7.2Level of repair analysis7.3Maintainability according to IEC 607067.4Maintenance task analysis7.5Technical documentation and illustrated parts catalogues7.6The S2000M provisioning specification7.7The S3000L logistics support analysis specification7.8Performance-based support7.9Supportability indicators7.10Practical exercise: LORA of a subsystem
8.1Design of spare parts warehouses8.2Preservation and storage of sensitive components8.3Shelf-life and batch management8.4Cycle counting and accuracy8.5Maintenance kits and picking8.6Satellite stores and consignment8.7Industrial vending and point-of-use stores8.8RFID identification and codes8.9Security and access control8.10Case study: redesign of a maintenance storeroom
9.1Spare parts sourcing strategy9.2Original manufacturer versus alternative sources9.3Framework agreements and consignment9.4Supplier evaluation9.5Lead-time management9.6Supply chain risk9.7Negotiating critical spares9.8On-demand additive manufacturing9.9Reverse engineering and approval9.10Workshop: Kraljic matrix for spare parts
10.1Spare parts in CMMS and ERP10.2Maintenance bills of materials10.3Integration with work order planning10.4Inventory optimisation tools10.5Master data management10.6Inventory dashboards10.7Artificial intelligence in spare parts planning10.8Digital twin of the spare parts chain10.9Data quality and governance10.10Practical exercise: inventory analysis with Python
11.1Life cycle cost models according to IEC 60300-3-311.2Total cost of ownership11.3Repair, refurbish or replace decisions11.4Investment analysis and net present value11.5Uncertainty and sensitivity analysis11.6Life extension and retrofit11.7Sustainability and footprint criteria11.8Decision report for management11.9Financial risk of ageing assets11.10Case study: retrofit versus replacement of a cell
12.1Definition of scope and assets12.2Diagnosis of the current situation12.3Classification and data analysis12.4Forecasting and stock model12.5Obsolescence plan12.6Life cycle cost analysis12.7Improvement and savings proposal12.8Implementation plan12.9Master's Thesis report12.10Master's Thesis: defence before a panel
How you'll learn
100% online training on the SEIUM campus, with downloadable material, recorded classes and an assigned technical tutor. No fixed timetables: you progress at your own pace within the intake, making it compatible with work.
Each module combines theory, guided reading of the original standard and applied exercises. The working software is SAP MM and PM, IBM Maximo, Python with statsmodels, AnyLogistix and Microsoft Power BI, in free, academic or evaluation versions. Exercises are based on real procedures for optimising the stock of critical spares, obsolescence management plans in automation and life cycle cost analysis of equipment. Assessment is continuous by module, plus the final Master's Thesis.
Standards covered: ISO 55000, IEC 60300-3-3, IEC 62402, ISO/IEC/IEEE 15288, IEC 60706-2, ASD S2000M, ASD S3000L, ISO 8000-1.
Build it end to end
Your final project follows the real engineering workflow, step by step, reviewed by your tutor.
Where this takes you
Requirements
- University degree in engineering, science or architecture, or equivalent demonstrable professional experience.
- Internet connection and a computer capable of running the programme software.
- English sufficient to read technical standards.
Ready to start?
Send your application today. Our admissions team replies within 72 hours with your study plan and funding options.
Frequently asked questions
The programme totals 1,900 hours over 12–14 months. You set your own pace within each intake, and your tutor helps you plan the workload around your job.
You work with SAP MM and PM, IBM Maximo, Python with statsmodels, AnyLogistix and Microsoft Power BI, using free, academic or evaluation versions. Your tutor indicates the free alternative wherever one exists.
A SEIUM Institute diploma, awarded on passing the continuous assessment and the Master's Thesis. It is SEIUM's own qualification, not an official state degree; its recognition depends on the programme completed and the regulations of each country.
Yes. Modules passed in a course or postgraduate diploma in the same area are recognised in the higher programme. Ask about the recognition policy when you enrol.
A university degree in engineering, science or architecture (or equivalent professional experience), a computer able to run the software and English sufficient to read technical standards.
Start dates are set by SEIUM's faculty for each intake. Our admissions team will confirm the next available date when you apply.
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