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Duration 21 hours
Course Outline
Item Master Fundamentals
- Establishing and updating item records
- Exploring recent enhancements in Item Master (Tr)
- Oversight of item attributes, synonyms, and categorization
Optimizing MRO Inventory
- Key features and improvements in Inventory (Tr)
- Strategies for stocking policies, reorder thresholds, and economic order quantities
- Best practices for cycle counting and inventory precision
Procurement Lifecycle Oversight
- Drafting and distributing purchase requisitions
- Reviewing and approving purchase orders
- Maintaining order tracking and evaluating supplier performance
Contract Governance
- Setting up service, blanket, and warranty contracts
- Controlling terms, expirations, and authorization levels
- Synchronizing contracts with procurement and inventory operations
Integration of Assets, Materials, and Contracts
- Associating materials with specific asset records
- Analyzing the interplay of CM numbers
- Oversight of parts linked to multiple CM numbers
Receiving and Invoicing Procedures
- Processing material receipt transactions
- Managing Receiving Inspection Work Orders
- Reviewing, accepting, or rejecting supplier deliveries
Routine Materials Management Tasks
- Monitoring item availability for maintenance activities
- Aligning efforts across maintenance, procurement, and warehousing teams
- Resolving exceptions and addressing discrepancies
Practical Scenarios and Application
- Handling BART-style procurement and receipt cases
- Interactive tasks involving connected assets, contracts, and materials
- Simulating comprehensive end-to-end supply chain transactions
Recap and Future Pathways
Requirements
- A foundational grasp of enterprise asset management principles
- Practical experience with fundamental procurement or inventory procedures
- Acquaintance with work order-centric workflows
Intended Learners
- Material expeditors
- Purchasing agents
- Warehouse supervisors
Testimonials (1)
informative with good SME knowledge from trainer, ran through good topics and examples
