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Duration 21 hours
Course Outline
Item Master Fundamentals
- Establishing and updating item records
- Reviewing new features in the Item Master (Tr)
- Oversight of item attributes, synonyms, and classifications
Optimizing MRO Inventory
- Exploring enhancements and capabilities in Inventory (Tr)
- Defining stocking policies, reorder points, and economic order quantities
- Implementing cycle counting and inventory accuracy protocols
Procurement Lifecycle Oversight
- Drafting and directing purchase requisitions
- Processing and sanctioning purchase orders
- Monitoring order status and supplier performance metrics
Contract Management
- Setting up service, blanket, and warranty agreements
- Controlling terms, expiry dates, and authorization levels
- Aligning contracts with procurement and inventory processes
Integrating Assets, Materials, and Contracts
- Associating materials with specific asset records
- Comprehending CM number linkages
- Oversight of parts tied to multiple CM numbers
Receiving and Invoicing Procedures
- Executing material receipt transactions
- Managing Receiving Inspection Work Orders
- Processing, approving, or reconciling supplier deliveries
Routine Materials Management Tasks
- Tracking item availability for maintenance activities
- Collaborating with maintenance, procurement, and warehousing teams
- Addressing exceptions and resolving discrepancies
Practical Scenarios and Exercise
- Executing BART-style procurement and receiving simulations
- Hands-on tasks involving linked assets, contracts, and materials
- Simulating realistic, end-to-end supply chain transactions
Wrap-up and Subsequent Steps
Requirements
- A solid grasp of enterprise asset management principles
- Practical experience with foundational procurement or inventory procedures
- Awareness of workflows driven by work orders
Intended Audience
- Material expeditors
- Buyers
- Warehouse supervisors
Testimonials (1)
informative with good SME knowledge from trainer, ran through good topics and examples
