Description
The simple argument that a rupture of material availability can have a tremendous cost impact compared to the price of the equipment itself justifies the accumulation of stocks which represents a huge money immobilisation. This is particularly true when the Lead Time to supply this equipment is significant in remote areas.
The Mission and Objectives of Stock Management is however to control the level of Stocks in order to increase their efficiency in terms of finance and material availability.
This course is a very detailed study of all tools, methodologies and processes, general and specific, which are necessary to properly control the Stocks at an E&P entity.
Course Structure: 4 modules of 4 hours each, delivered over 4 days
Each day will consist of 2 x 2 hour modules including a 30 min. break in between.
Course Level: Skill
Duration: 4 days
Instructor: Paul Adrian