Project Surplus Materials - Management and Minimisation
How to reduce the ever-present problem of Surplus and Excess Stock.
'Surplus material" means that the company has more of that item than it needs. Though this situation arises typically at the end of a project - it also applies to items held in company stores as "stock" materials.
How to minimise surplus is a constant issue in many organisations, and far from being just an inconvenient afterthought it is actually a "big subject".
This course is intended for:
Staff involved in the overall procurement process, typically:
- Materials staff such as materials co-ordinators assigned to Project Teams
- Engineers and Managers having influence over Project Execution Strategies
- Project team members - such as Contracts, Finance, Quality Assurance
- Front line staff in Purchasing & Materials Management positions (such as Buying, Warehouse Management) and related support roles (such as Inventory Management, Materials Standardisation & Cataloguing).
By the end of the course, the participants will be able to:
- Relate sustainability and environmental concerns to the subject of surplus materials
- Understand the factors that give rise to surplus materials
- Assess the costs associated with having surplus materials
- Recognise the need to influence procurement & project strategies at an early stage in order to minimise the level of surplus materials
- Describe the tactics that help to minimise or even eliminate surplus materials at the end of a project
- Decide the most appropriate process for handling surplus project materials.
This course is available for in-house delivery if required.
This course will be conducted in the English language.