Course Description

This practical and highly-interactive course includes real-life case studies and exercises where participants will be engaged in a series of interactive small groups and class workshops. Proper materials management techniques are critical to the success of any organization as they are key components in determining the success of a company. These techniques invoke fiscal responsibility in the management of funds, thereby ensuring the company receives full value and benefit for the dollars they spend. The techniques also provide the overall direction to purchasing, production, inventory, control and traffic. This course is designed to provide participants with an up-to-date knowledge and skills on material cataloguing, specifications, handling and storage. It covers the material basics that includes the detailed engineering specifications, brand name specifications and commercial standards; inventory basics for stock activity graphs, economic order quantity (EOQ), dual re-order points and inventory automation examples; inventory control; spare parts lists and spare optimization; and the equipment spares link to course overview PDF

TRAINING METHODOLOGY

This interactive training course includes the following training methodologies as a percentage of the total tuition hours

30 % Lectures
20 % Workshops & Work Presentations
20 % Case Studies & Practical Exercises
30 % Videos, Software & Simulators

In an unlikely event, the course instructor may modify the above training methodology before or during the course for technical reasons.

VIRTUAL TRAINING (IF APPLICABLE)

If this course is delivered online as a Virtual Training, the following limitations will be applicable

Certificates	:	Only soft copy certificates will be issued to participants through Haward’s Portal. This includes Wallet Card Certificates if applicable
Training Materials	:	Only soft copy Training Materials (PDF format) will be issued to participant through the Virtual Training Platform
Training Methodology	:	80% of the program will be theory and 20% will be practical sessions, exercises, case studies, simulators or videos
Training Program	:	The training will be for 4 hours per day starting at 09:30 and ending at 13:30
H-STK Smart Training Kit	:	Not Applicable
Hands-on Practical Workshops	:	Not Applicable
Site Visit	:	Not Applicable
Simulators	:	Only software simulators will be used in the virtual courses. Hardware simulators are not applicable and will not be used in Virtual Training