Course detail: Materials Management

Description

Managing a storeroom is a balancing act. Storeroom managers must have the materials available to keep production flowing while minimizing inventory investment.

In this three-day class, you will learn how to ensure the right parts are in the right place at the right time. When you apply the knowledge and skills learned in this class, quality will increase and costs will decrease. You will be able to manage your storeroom in a way that successfully balances the needs of operations and maintenance while optimizing your inventory and carrying costs.


Learning Objectives

  • Discuss the materials management challenges that organizations are facing
  • Identify the elements of materials management
  • Discuss how Materials Management fits into the overall umbrella of Reliability Excellence
  • Discover the characteristics and steps involved in effective materials management processes
  • Discuss the basic steps involved in implementing effective Inventory Control best practices
  • Summarize the basic steps involved in implementing effective Warehouse Management best practices
  • Describe how a CMMS can support materials management processes and best practices
  • Identify contributors to total cost of materials
  • Practice techniques to manage inventory investment
  • Define the standard set of basic materials management key performance indicators
  • Develop an (inventory/investment management processes) Action Plan

Who Should Attend?

Anyone involved in materials - directly or indirectly -- will find value in Materials Management, including:

  • Materials Managers
  • Maintenance Manager
  • Purchasing
  • Storeroom Personnel
  • Planner/Schedulers
  • Operations Managers

 

Live Online Training

Virtual, Instructor-Led Training (VILT) combines the benefits of traditional classroom training and online learning. It allows participants to have the experience of live instructor-led training without having to go to a classroom or have the instructor present in person.

Using Zoom's technology, this video-based training allows learners to ask questions, participate in discussions, and get trained together irrespective of their location. Participants in the Institute's virtual classes will learn the same content from the Institute's in-person classes while participating in professionally facilitated sessions with activities that stimulate participation and learning:

  • Online breakout sessions with facilitator support
  • Individual and group assignments and discussions
  • Polls, Q&A, and online whiteboard activities that keep learners engaged

Life Cycle Institute's virtual classes were developed by industry-leading subject matter experts and certified professional instructional designers with experience converting live, instructor-led classes into engaging and effective online learning experiences using learning best practices.


Certificate Track

Part of the LCI Maintenance Management Certification Program.


Course Resources
KU Life Cycle Institute Catalog 2020-2021

Available sessions