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Duration 21 hours
Course Outline
Item Master Fundamentals
- Creating and updating item entries
- Reviewing recent updates to the Item Master (Tr)
- Oversight of item characteristics, aliases, and categorizations
Enhancing MRO Inventory
- Improvements and features in Inventory (Tr)
- Stocking strategies, reorder triggers, and optimal order quantities
- Implementing cycle counts and ensuring inventory precision
Managing the Procurement Cycle
- Generating and routing purchase requests
- Processing and sanctioning purchase orders
- Monitoring order progression and vendor performance
Contract Oversight
- Setting up service, blanket, and warranty agreements
- Administering clauses, expiration dates, and permissions
- Connecting contracts with procurement and inventory processes
Integrating Assets, Materials, and Contracts
- Associating materials with asset entries
- Comprehending the relationship between CM numbers
- Managing components linked to multiple CM numbers
Receiving and Invoicing Procedures
- Performing material receipt transactions
- Processing Receiving Inspection Work Orders
- Addressing supplier deliveries by rejecting, accepting, or adjusting
Routine Materials Management
- Tracking material availability for maintenance tasks
- Collaborating with maintenance, procurement, and warehousing teams
- Managing exceptions and resolving discrepancies
Practical Scenarios and Exercises
- Executing BART-style procurement and receiving tasks
- Practical activities involving linked assets, contracts, and materials
- Simulating complete supply chain transactions from start to finish
Conclusion and Future Directions
Requirements
- A solid grasp of enterprise asset management principles
- Prior experience with fundamental procurement or inventory workflows
- Knowledge of workflows driven by work orders
Intended Audience
- Material expeditors
- Purchasing agents
- Warehouse managers
Testimonials (1)
informative with good SME knowledge from trainer, ran through good topics and examples
