In day-to-day business massive amounts of spare parts replenishment orders must be processed within limited capacity and budget constraints. How do you re-order effectively and efficiently?
The replenishment orders not only relate to stock items, there are also numerous uncoded non-stock requests which are time consuming to process. Further, delayed deliveries need to be expedited and an infinite number of ad hoc requests also require attention.
The large volume of these requests makes it essential to know how to prioritise workloads, while concurrently determining the importance and urgency of requests. Assessing prioritised lists of requests by making use of a systematic approach in deciding whether or not to order is the next step in the process. What follows is making smart decisions about the quantity, timing and placement of orders. Learners are asked to consider whether these are once off requests or could the purchase requisition be consolidated into a single purchase order. Learners gain insight into identifying symptoms of poor performance – and what they can do to mitigate them.
This course provides learners with the tools they need to apply a systematic and economical approach to the spare parts ordering process so that re-ordering becomes effective and efficient.
At the end of the course the learners will: