MRO Inventory Management: An EAM Best Practice Overview

There are many factors that must be considered when evaluating a MRO Inventory Management Program. Reliability Centered Maintenance recognizes the importance of having the right parts available at the right time to execute the Planning and Scheduling of maintenance work. The intention of this webinar is to provide instruction and guidance when conducting or developing an MRO Inventory Management Program to optimize maintenance workflow.

Examples of inventory management concepts that will be discussed is the identification of an item master list, the process of organizing, maintaining, and controlling inventory as well as examining the elements of issuing and distributing MRO material to maintenance technicians or Point-of-Use locations.

What You Will Learn:

• How to build and structure Item Master File - Data integrity / NormalizationThe root causes of the Buncefield incident
• Execute Material Planning - Qualify Work Order Requests / Parts Requisition / Maintenance Tools / Rental Equipment / Special Needs
• What steps are involved in developing a Stores Strategy - Layout / Security / Stocking
• The major processes for Inventory Management - Receiving / Cycle Counting / Obsolescence / Scrap / Warranty & Repair
• Best practices for issuing and distribution of material - Picking / Staging / Point-of-Use (POU) delivery

Presenter

Steve Cormack

Manager - Reliability Services

About ABS Group

ABS Group of Companies, Inc. (ABS Group) and its operating subsidiaries provide risk management solutions and certification services worldwide that help clients address the safety, integrity, quality and environmental efficiency of critical assets and operations. Headquartered in Spring, Texas, ABS Group operates with more than 1200 professionals across the globe, serving the marine and offshore, oil, gas and chemical, government, power and energy and industrial sectors. ABS Group is a subsidiary of ABS (www.eagle.org), a leading marine and offshore classification society.