IBM Maximo Materials, Procurement, and Contract Management Training Course

Item Master Fundamentals

• Establishing and updating item records.
• Reviewing recent updates and features in Item Master (Tr).
• Oversight of item attributes, synonyms, and categorisation structures.

Optimising MRO Inventory

• Exploring enhancements and capabilities within Inventory (Tr).
• Implementing stocking policies, reorder thresholds, and economic order quantities.
• Adopting best practices for cycle counting and inventory precision.

Procurement Lifecycle Oversight

• Generating and routing purchase requisitions.
• Processing and authorising purchase orders.
• Monitoring order progression and supplier performance metrics.

Contract Administration

• Setting up service, blanket, and warranty agreements.
• Managing terms, expiry dates, and authorisations.
• Aligning contractual terms with procurement and inventory workflows.

Integration of Assets, Materials, and Contracts

• Associating materials with specific asset records.
• Comprehending the relationships within CM numbers.
• Managing components linked to multiple CM numbers.

Receiving and Invoicing Procedures

• Carrying out material receiving transactions.
• Processing Receiving Inspection Work Orders.
• Handling supplier shipments through rejection, acceptance, and reconciliation.

Day-to-Day Materials Management

• Tracking item availability for maintenance tasks.
• Collaborating with maintenance, procurement, and warehousing teams.
• Resolving exceptions and discrepancies effectively.

Practical Application and Hands-On Work

• Managing procurement and receiving cases in a BART-style environment.
• Completing hands-on tasks involving linked assets, contracts, and materials.
• Executing realistic, end-to-end transactions across the supply chain.

Recap and Future Directions