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 Duration 21 hours

Course Outline

Item Master Fundamentals

  • Creation and modification of item records.
  • Exploring the latest enhancements in the Item Master (Tr) module.
  • Administration of item attributes, synonyms, and classifications.

Optimizing MRO Inventory

  • Capabilities and enhancements in the Inventory (Tr) module.
  • Implementation of stocking policies, reorder points, and economic order quantities.
  • Practices for cycle counting and ensuring inventory accuracy.

Procurement Lifecycle Oversight

  • Generation and routing of purchase requisitions.
  • Processing and approval of purchase orders.
  • Monitoring order status and evaluating supplier performance.

Contract Administration

  • Setup of service, blanket, and warranty contracts.
  • Management of terms, expiration dates, and authorizations.
  • Alignment of contracts with procurement and inventory workflows.

Integration of Assets, Materials, and Contracts

  • Association of materials with asset records.
  • Understanding the relationships between CM numbers.
  • Management of parts linked to multiple CM numbers.

Receiving and Invoicing Workflows

  • Execution of material receiving transactions.
  • Management of Receiving Inspection Work Orders.
  • Processes for rejecting, accepting, and reconciling supplier deliveries.

Routine Materials Management Tasks

  • Supervision of item availability for maintenance activities.
  • Coordination among maintenance, procurement, and warehousing teams.
  • Handling exceptions and resolving discrepancies.

Applied Scenarios and Practical Exercises

  • Management of BART-style procurement and receiving cases.
  • Practical exercises involving linked assets, contracts, and materials.
  • End-to-end transaction simulation across the supply chain.

Wrap-up and Future Recommendations

Requirements

  • A solid grasp of enterprise asset management principles.
  • Practical experience with foundational procurement or inventory procedures.
  • Knowledge of work order-driven operational workflows.

Target Audience

  • Material expeditors.
  • Purchasing buyers.
  • Warehouse supervisors.

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