MRO Inventory Management School

This workshop is designed for Maintenance and Reliability teams to learn best practices and strategies for effective MRO inventory management, and to understand the principles of spare parts optimisation in a maintenance repair and operating (MRO) environment. This includes how to optimize inventory levels, demand for the spare (preventive and corrective maintenance), reduce waste and obsolescence

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Course Outline

6 Core Modules

Begin with the END in Mind!  What good looks like – MRO Supply Chain

  • Demand signal quality
  • Catalogued materials usage vs Free Text
  • High stock accuracy
  • High stock turns
  • Good relationship and control of vendors
  • Strong control via KPI’s and Metrics
  • Master Data is core

What gets measured, gets improved!

Supply Chain Effectiveness %

  • Demand Signal Quality %
  • Catalogued Material Spend %
  • Stock Accuracy %
  • Stock Turns %
  • PO Automation %

Master Data

Material Master Data

  • Lead Times
  • ROP & ROQ
  • Segmentation capability (MRP Controller)

EAM Master Data

  • Structures like Functional Locations & Equipment
  • BoM’s

Purchasing Master Data

Vendor specific data (part numbers, lead time, price)

Warehouse Operations

Following the demand signal

  • Stock on Hand process flow
  • Buy-to-Order process flow.

Stocktaking & the Importance of Stock Accuracy

  • Importance of counting
  • Cycle Counting

Stock Preservation

P3DR Concept

Inventory Management

  • Reducing risk at the lowest possible cost
  • Stock or Non-Stock Decision Process
  • Linking EAM and SCM together
  • Stock Turns
  • Repairable Materials
  • POTOBS – Potentially Obsolete Materials Management
  • Obsolescence Provision
  • Carrying Cost Calculation


Free Text spend process and its impacts.

Catalogued material spends and impacts.

Purchasing Master Data

  • Info Records
  • Source Lists
  • Lead Times

PO Automation

Procurement Overview

  • Goods vs Services
  • Materials on Contract
  • Cost AND Lead Times focus

Other Takeaways

  • Sample Calculators
  • Material Review Template
  • Cycle Counting Calculator
  • Sample Cataloguing Template (Taxonomy)

Who Should Attend?

Key Challenges Addressed

Goals of the Course

Learning Objectives

Expectations of Participants


Begin with the END in Mind!  What good looks like – MRO Supply Chain

What gets measured, gets improved!

Master Data

Warehouse Operations

Inventory Management


Procurement Overview

Need more info?

Get in touch with our team

Your Instructors

Tim McLain

Tim McLain

COO & Global Director - MRO

Missing Link Supply Solutions

30+ years MRO/Materials specialist. National & Global roles for top companies. Cross-border project manager & team trainer. US-born, NZ & Aus experienced. Proud All Blacks supporter!

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Enquiries &


MRO School

Perth, WA
Instructor-led, classroom learning
Mar 21
22 Mar
$2195 +GST
Perth, WA
Instructor-led, classroom learning
Jul 25
26 Jul
$2195 +GST
Brisbane, QLD
Instructor-led, classroom learning
Sep 12
13 Sep
$2195 +GST
Perth, WA
Instructor-led, classroom learning
Nov 28
29 Nov
$2195 +GST
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Private Courses

Whether you have 15 or 1500 people to train, our schools can be offered at a time and location most convenient for your company.

Your Learning


Asset Schools training courses can be completed individually at any time, but have you considered planning a Learning Pathway? For example:

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Our Clients

Asset Schools give peace of mind that the investment in our Maintenance and Reliability professionals will provide a great return to both them and the business.

Gwyn Garland

Senior Manager

Asset Health Newmont

The knowledge and practical steps imparted during Asset Schools have proven to be invaluable for the overall improvement across the business in greater availability and reduced unit lifecycle costs. Attendance at the Asset Schools portfolio of courses is now a foundation requirement for our team of planners due to the business and personal development benefits.

Ash Davis

OAM, Senior Mines Systems Planner




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