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Duration 21 hours
Course Outline
Foundations of Item Mastery
- Creation and modification of item records.
- Exploring the latest updates in Item Master (Tr).
- Management of item attributes, synonyms, and classifications.
Optimising MRO Inventory
- Reviewing enhancements and capabilities within Inventory (Tr).
- Defining stocking policies, reorder points, and economic order quantities.
- Implementing cycle counting and inventory accuracy best practices.
Managing the Procurement Lifecycle
- Initiating and routing purchase requisitions.
- Processing and approving purchase orders.
- Monitoring order status and supplier performance.
Contract Administration
- Setting up service, blanket, and warranty contracts.
- Overseeing terms, expirations, and authorizations.
- Aligning contracts with procurement and inventory workflows.
Integrating Assets, Materials, and Contracts
- Associating materials with asset records.
- Comprehending CM number relationships.
- Managing parts linked to multiple CM numbers.
Receiving and Invoicing Procedures
- Executing material receiving transactions.
- Processing Receiving Inspection Work Orders.
- Managing supplier shipments through rejection, acceptance, and reconciliation.
Day-to-Day Materials Management
- Tracking item availability for maintenance tasks.
- Collaborating with maintenance, procurement, and warehousing teams.
- Resolving exceptions and discrepancies.
Applied Scenarios and Practical Exercises
- Handling BART-style procurement and receiving cases.
- Engaging in hands-on exercises involving linked assets, contracts, and materials.
- Executing realistic end-to-end transactions across the supply chain.
Conclusion and Future Steps
Requirements
- A solid grasp of enterprise asset management principles.
- Practical experience with fundamental procurement or inventory procedures.
- Familiarity with work order-centric workflows.
Target Audience
- Material expeditors.
- Buyers.
- Warehouse supervisors.
Testimonials (1)
informative with good SME knowledge from trainer, ran through good topics and examples
