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Course Outline
Item Master Essentials
- Creating and modifying item records.
- Understanding key updates in Item Master (Tr).
- Managing item attributes, synonyms, and classifications.
MRO Inventory Optimization
- Exploring enhancements and capabilities within Inventory (Tr).
- Setting stocking policies, reorder points, and economic order quantities.
- Implementing cycle counting and best practices for inventory accuracy.
Procurement Lifecycle Management
- Creating and routing purchase requisitions.
- Processing and approving purchase orders.
- Tracking order status and evaluating supplier performance.
Contract Administration
- Configuring service, blanket, and warranty contracts.
- Managing terms, expiration dates, and authorizations.
- Integrating contracts with procurement and inventory workflows.
Integration of Assets, Materials, and Contracts
- Linking materials to asset records.
- Understanding CM number relationships.
- Managing parts associated with multiple CM numbers.
Receiving and Invoicing Processes
- Executing material receiving transactions.
- Handling Receiving Inspection Work Orders.
- Rejecting, accepting, and reconciling supplier shipments.
Daily Materials Management Operations
- Monitoring item availability for maintenance tasks.
- Coordinating activities between maintenance, procurement, and warehousing teams.
- Handling exceptions and resolving discrepancies.
Applied Scenarios and Hands-On Practice
- Processing BART-style procurement and receiving cases.
- Conducting hands-on exercises involving linked assets, contracts, and materials.
- Executing 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 work order-driven workflows.
Target Audience
- Material expeditors.
- Buyers.
- Warehouse supervisors.
21 Hours
