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Course Outline
Essentials of the Item Master
- Creating and modifying item records
- Exploring new features in the Item Master (Tr)
- Managing item attributes, synonyms, and classifications
MRO Inventory Optimization
- Enhancements and capabilities of Inventory (Tr)
- Defining stocking policies, reorder points, and economic order quantities
- Implementing cycle counting and maintaining inventory accuracy
Procurement Lifecycle Management
- Generating and routing purchase requisitions
- Processing and approving purchase orders
- Monitoring order status and evaluating supplier performance
Contract Administration
- Configuring service, blanket, and warranty contracts
- Managing contract terms, expiration dates, and authorizations
- Integrating contracts with procurement and inventory workflows
Integration of Assets, Materials, and Contracts
- Linking materials to asset records
- Understanding relationships between CM numbers
- Managing parts associated with multiple CM numbers
Receiving and Invoicing Processes
- Executing material receiving transactions
- Handling Receiving Inspection Work Orders
- Managing the rejection, acceptance, and reconciliation of supplier shipments
Daily Materials Management Operations
- Monitoring item availability for maintenance tasks
- Coordinating efforts between maintenance, procurement, and warehousing teams
- Resolving exceptions and discrepancies
Applied Scenarios and Hands-On Practice
- Processing BART-style procurement and receiving cases
- Conducting exercises with linked assets, contracts, and materials
- Simulating realistic end-to-end transactions across the supply chain
Summary and Next Steps
Requirements
- A foundational understanding of enterprise asset management concepts
- Practical experience with basic procurement or inventory processes
- Familiarity with workflows driven by work orders
Target Audience
- Material expeditors
- Buyers
- Warehouse supervisors
21 Hours
Testimonials (1)
informative with good SME knowledge from trainer, ran through good topics and examples
