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Who should attend Inventory Control for Maintenance
This seminar is a must for anyone who is involved with maintenance at industrial plants, utilities or commercial and private building facilities. Attendees come from a wide variety of industries, skill levels, company sizes, and job titles, so if you're not sure you'll fit in or will benefit from the class, don't worry-you will-as long as your job involves maintenance inventory!
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Inventory Control for Maintenance  

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This seminar is a must for anyone who is involved with maintenance at industrial plants, utilities or commercial and private building facilities. Attendees come from a wide variety of industries, skill levels, company sizes, and job titles, so if you're not sure you'll fit in or will benefit from the class, don't worry-you will-as long as your job involves maintenance inventory!

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Seminar Summary:

Learn to Reduce Inventory Costs and Gain Control of Parts & Materials! (see full course description)

 
 

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Training Course Syllabus:


Purpose of Seminar:

Inventory Control for Maintenance means having the right product and materials when you need it and where you need it. Having too much material, not enough material or having to search for the material leads to higher costs and can mean longer downtimes, not to mention the frustration!

This course focuses on building an inventory management system that will lead to better control through optimization of inventory quantities, organization of inventory and access to inventory. Having the right data and implementing procedural controls for your inventory will help maximize the value of every dollar spent on maintenance and reduce the time it takes to have the right part on hand when you need it.

By the end of this seminar, students will be able to go back to their facility and immediately apply what they learned to help implement a system that organizes their inventory and lowers their inventory costs. Training like this never costs-it pays!



Course Objectives:

Upon completion of this course students will receive a personalized American Trainco Certificate of Completion and 1.4 CEUs (Continuing Education Credits) approved by the Maintenance Training Association of the Americas indicating that he or she has learned how to:

  • Understand How Inventory Impacts the Bottom Line

  • Understand Different Inventory Management Concepts


  • Design a Good Storeroom

  • Identify and Solve Storeroom Security Problems

  • Understand the Entire Maintenance Inventory Process


  • Identify Who has an Impact on Maintenance Inventory and How to Control Them

  • Understand Team Purchasing and Inventory Management

  • Understand Common Storeroom Procedures

  • Identify and Solve Storeroom Security Problems

  • Maximize Your Maintenance Inventory Value

  • Minimize Waste and Downtime as it Relates to Inventory

  • Understand how a CMMS Works with Inventory Management

  • Measure Your Inventory Efficiency

  • Leverage Your Vendors


Who should take this course:

This seminar is a must for anyone who is involved with maintenance at industrial plants, utilities or commercial and private building facilities. Attendees come from a wide variety of industries, skill levels, company sizes, and job titles, so if you're not sure you'll fit in or will benefit from the class, don't worry-you will-as long as your job involves maintenance inventory! People who will benefit from attending this seminar include:

Maintenance, Operations & Purchasing Managers & Personnel in:


  • Manufacturing Plants

  • Commercial Buildings

  • Utilities

  • Hospitals

  • Waste Water Facilities

  • Schools

  • Government Buildings

  • Shopping Centers

  • Office & Apartment Buildings


What you will take home:

  • American Trainco Seminar Manual - detailing all presentation material covered n the class


  • Personalized Training Certificate with 1.4 American Trainco Continuing Education Units for attending this two-day seminar, approved by the Maintenance Training Association of the Americas


  • All the information you need from asking our instructors specific questions about your own equipment or facility



Course Outline / Agenda:

How your maintenance inventory is managed can significantly affect your uptime and bottom line. This two-day course is for maintenance personnel, operators and managers who desire to understand the best methods of gaining control of their inventory in order to improve efficiency and increase profitability. From physical layout of inventory rooms to leveraging vendors and working with computerized systems, this course presents processes and procedures to make the maintenance inventory management job easier and more productive.

Overview of Maintenance Inventory Management


  • Role of Maintenance in Organizations

  • Importance and Impacts of Maintenance Inventory Management
    -How Inventory Impacts Profits
    -How Inventory Impacts Uptime / Downtime

  • Methods and Concepts of Inventory Management

 

World Class Inventory Management

  • World Class Management Defined

  • How do You Compare to World Class?

  • Understanding World Class Management

  • Common Problems in Inventory Management

 

Inventory Management Team Concepts

  • Roles and Responsibilities in Inventory Management

  • Building an Inventory Team throughout the Organization
    -Committees
    -Setting Goals
    -Measuring Success
    -Rewards
    -Problem Solving

  • Building an Inventory Team with Vendors
    -What is a Good Vendor?
    -What can a Vendor Do for Me?
    -Selling the Vendor Your Program
    -Maximizing Your Vendors Value


  • Working with Management on the Program

  • Accountability and Ownership

 

Storeroom Requirements

  • Physical

  • Environmental / Climate Control

  • Receiving Doors and Locations

  • Documentation of Movement of Inventory

  • Housekeeping

  • Keeping Storerooms Clean

 

Storeroom Layouts

  • Physical Layout - ABC Analysis

  • Ideal Locations for Parts

  • Bins, Drawers, or Carrousels

  • Item Location Systems

  • Security Systems

  • Stopping the Open Door Inventory Dilemma

  • Storeroom Process & Procedures

Storeroom Security

  • Types, Levels, and Options

  • Why you Need a Secure Environment

  • Different Security Types

  • Who is Part of the Security Team?



Storeroom Procedures

  • Primary ID

  • Stores Stock Catalog

  • Part Descriptions

  • Getting Information on Every Potential Item

  • Store Stock Numbering

  • Identification of all Parts & Materials

  • Order Quantity EOQ

  • Order Point - Lead Time Usage, Safety Stock

  • Stock Index for ID

  • Inventory Classification

  • Location Codes

  • Stock Number or Bin Location

  • Bill of Materials (BOMs)

  • Consignment Inventory

  • Inventory Accuracy - Cyclical Count

  • Used Parts

  • Rebuilt Parts

  • Planning & Inventory Control

  • Insurance Items

  • Parts vs Kits vs Materials

  • Obsolete Items

  • Optimization of Inventory

  • Return Policies

  • Pre-Picking / Pre-Staging


Storeroom Contents

  • What Do You Need?

  • How Much Do You Need?

  • Open Stock vs. Free Issue

  • Controlling Additions and Deletions


Working with a CMMS (Computerized Maintenance Management System)

  • Bar Coding and Micro-Chip Technology

  • Connecting with your CMMS


Metrics & Decision Making Tools

  • Practical Measurements & Accounting Systems

  • Measuring Inventory Turns

  • Minimum / Maximum Levels

  • Service Levels

  • Analysis of Storeroom Measures Procedure

  • Measuring Vendors


Implementing a World Class Storeroom

  • Designing an Plan

  • Implementing a Plan


About our Instructors:

"Real World Training...for Real World Needs" is not just our slogan, but also our mission statement. At American Trainco, we approach our students as if they were our own employees. We instruct them and guide them in practical knowledge that allows them to immediately go back to their workplace and apply what they have learned. Our instructors are seasoned veterans with years of real world experience, and the students who attend our seminars often get more from a single week of training than an entire year of reading textbooks or watching videos. How do we know? They tell us.

Anyone can teach theory, but there simply is no substitute for experience. What sets American Trainco apart is our ability to communicate that experience into the brains of our students. As one attendee told us at the end of his two-day training course, "I think I can go back to work now and teach the veterans a thing or two."


Mission Accomplished.

All American Trainco instructors are required to have a formal education and real world work experience. They need to be leaders in their field. We don't hire field people without teaching experience, and we don't hire teachers without field experience. They must have both. And since attendees critique the instructor at the end of each class, a positive and enjoyable learning experience is virtually guaranteed.


Additional information about this course:

UNAFFILIATED and NON-COMMERCIAL

Unlike some training experiences, you won't get a sales presentation at an American Trainco seminar - all you get is an honest, commercially unbiased education. We do not engage in the practice of selling or promoting any other company's products or services, so you know that by attending one of our seminars, your time and money is well spent.


HIGH QUALITY PRESENTATIONS

From the start, we demanded that all our presentations would be lively, attractive, crisp and clear. Our instructors use state-of-the-art computers, projection equipment, and software to bring you a high quality visual experience.


Class Times:

Time: 7:30 am - Registration
8:00 am - Class begins
12:00 - 1:00 pm - Lunch (on your own)
4:30 pm- Class Ends



Credits: You will receive a personalized Certificate of Completion and 1.4 American Trainco Continuing Education Units for attending this two-day seminar.

Seminar Summary:

Learn to Reduce Inventory Costs and Gain Control of Parts & Materials! (see full course description)

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