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

TRAINING METHODOLOGY

This interactive training course includes the following training methodologies:

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 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
Training Materials	:	Only soft copy materials will be issued
Training Methodology	:	80% theory, 20% practical
Training Program	:	4 hours per day, from 09:30 to 13:30