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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
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
- Apartment Buildings
Learning Objectives
Upon completion of this course students will receive a personalized Certificate of
Completion and 1.4 CEU’s (Continuing Education Units) approved by the Maintenance
Training Association of the Americas indicating that the student has learned 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
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 Vendor’s 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 Carousels
- 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
What You Will Take Home
• American Trainco Seminar Manual - detailing all presentation
material covered in 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.
On Site and In House Training
You can bring the Inventory Control for Maintenance
class or any American Trainco seminar to your plant
or facility for groups of generally 6 or more. We offer hundreds
of courses covering a broad range of maintenance and maintenance
management topics. Our expert instructors are among the most experienced
in the industry and can customize training to meet your specific needs
- whether you need a short refresher course or an in depth program that
focuses on your equipment and processes. In house training allows for
the most cost efficient training as it reduces the cost per employee
and limits the time required away from work.
Request a quote
for on site training
No Risk Registration & Money-Back
Guarantee
If you're not yet sure you'll be able to attend this seminar, you can
still make a reservation to hold your space in class. While payment
is due prior to the start of the seminar, you may choose a full refund
or credit for cancellations made at least 24 hours in advance. Student
substitutions can also be freely made at any time prior to the start
of the seminar. Refunds will not be issued for registered attendees
who fail to show up and have not given a notice of cancellation.
In the rare event that should you not receive the expected value after
attending our seminar, simply notify us in writing of your reasons and
your money will be promptly refunded.
CEUs, Testing & College Credit
CEUs
After completion of this class,
students will receive a Certificate of Completion and 1.4 CEUs (Continuing
Education Units) for both days of training approved by the Maintenance
Training Association of the Americas.
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