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Duration 21 hours
Course Outline
Foundations of the Item Master
- Techniques for creating and updating item records
- Key updates and features in the Item Master (Tr)
- Control of item attributes, synonyms, and classification systems
Optimizing MRO Inventory
- Advanced capabilities and improvements in Inventory (Tr)
- Strategies for stocking policies, reorder points, and economic order quantities
- Best practices for cycle counting and ensuring inventory accuracy
Managing the Procurement Lifecycle
- Creation and routing of purchase requisitions
- Processing and approval workflows for purchase orders
- Monitoring order status and evaluating supplier performance
Contract Administration
- Setup and management of service, blanket, and warranty contracts
- Handling terms, expiration dates, and authorizations
- Aligning contracts with broader procurement and inventory workflows
Integration of Assets, Materials, and Contracts
- Associating materials with specific asset records
- Navigating the relationships defined by CM numbers
- Managing parts that link to multiple CM numbers
Receiving and Invoicing Procedures
- Executing material receiving transactions accurately
- Processing Receiving Inspection Work Orders
- Managing supplier shipments through rejection, acceptance, and reconciliation
Daily Materials Management Operations
- Tracking item availability to support maintenance activities
- Facilitating coordination between maintenance, procurement, and warehousing teams
- Addressing exceptions and resolving discrepancies
Applied Scenarios and Practical Application
- Working through BART-style procurement and receiving cases
- Engaging in hands-on exercises involving linked assets, contracts, and materials
- Completing realistic end-to-end transactions across the supply chain
Summary and Recommended Next Steps
Requirements
- A solid grasp of enterprise asset management principles
- Practical experience with fundamental procurement or inventory procedures
- Comfort with workflows driven by work orders
Target Audience
- Material expeditors
- Purchasing buyers
- Warehouse supervisors
Testimonials (1)
informative with good SME knowledge from trainer, ran through good topics and examples
