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Duration 21 hours
Course Outline
Item Master Fundamentals
- Creation and modification of item records
- Reviewing recent updates and features in the Item Master (Tr)
- Administration of item attributes, synonyms, and classification structures
MRO Inventory Enhancement
- Exploring enhancements and capabilities in Inventory (Tr)
- Implementation of stocking policies, reorder points, and economic order quantities
- Establishing best practices for cycle counting and inventory accuracy
Procurement Lifecycle Oversight
- Initiation and routing of purchase requisitions
- Processing and approval of purchase orders
- Monitoring order statuses and evaluating supplier performance
Contract Governance
- Setup of service, blanket, and warranty contracts
- Management of terms, expiration dates, and authorization protocols
- Alignment of contractual terms with procurement and inventory workflows
Integration of Assets, Materials, and Contracts
- Association of materials with specific asset records
- Comprehension of CM number relationships
- Management of parts linked to multiple CM numbers
Receiving and Invoicing Procedures
- Execution of material receiving transactions
- Processing of Receiving Inspection Work Orders
- Acceptance, rejection, and reconciliation of supplier deliveries
Operational Materials Management
- Oversight of item availability for maintenance activities
- Coordination among maintenance, procurement, and warehousing teams
- Resolution of exceptions and operational discrepancies
Practical Scenarios and Application
- Handling BART-style procurement and receiving case studies
- Interactive exercises involving linked assets, contracts, and materials
- End-to-end transaction simulation across the supply chain
Conclusion and Future Directions
Requirements
- A foundational grasp of enterprise asset management principles
- Practical experience with basic procurement or inventory management processes
- Working knowledge of workflows initiated by work orders
Target Participants
- Materials expeditors
- Purchasing specialists (Buyers)
- Warehouse supervisors
Testimonials (1)
informative with good SME knowledge from trainer, ran through good topics and examples