| Start date | Duration | Cost | Location | Status |
|---|---|---|---|---|
| 12/22/2023 | 5 Days | 7350 AED | Dubai, United Arab Emirates | Register |
| 11/22/2023 | 5 Days | 7350 AED | Dubai, United Arab Emirates | Register |
| 10/22/2023 | 5 Days | 7350 AED | Dubai, United Arab Emirates | Register |
| 9/22/2023 | 5 Days | 7350 AED | Dubai, United Arab Emirates | Register |
| 8/22/2023 | 5 Days | 7350 AED | Dubai, United Arab Emirates | Register |
| 7/22/2023 | 5 Days | 7350 AED | Dubai, United Arab Emirates | Register |
| 6/22/2023 | 5 Days | 7350 AED | Dubai, United Arab Emirates | Register |
This course covers practical considerations essential to achieve major improvements in planning, buying, storing and disposing of the vast array of materials and spare parts needed in the oil and gas industry. Evolving best practices by major oil and gas companies are explored as three inter-related modules for inventory management, warehousing and investment recovery.
Professional and management personnel who have responsibility for, materials, spare parts and supplies needed to support any refinery, gas plant, onshore/offshore production or other industry operations.
• Setting comprehensive inventory goals & objectives
• Understanding carrying costs and economic order quantity theory
• Improving Material identification and coding
• Segmenting inventory for analysis
• Using formal procedures for making the decision to stock
• Determining safety stock levels and order points
• Improving Min/max systems and settings
• Understanding and using material forecasts
• Establishing a warehouse scorecard
• Creating best practices in the physical control of materials
• Measuring record accuracy and improving cycle counting systems
• Increasing the use of warehouse technologies
• Improving warehouse safety and security
• Setting up an investment recovery program
• Preventing and reducing surplus materials
• Understanding Investment recovery techniques
• Using the disposition value chain for investment recovery
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