Storeroom & Materials Management iBL® | (9 Month Program)

Eruditio is excited to announce within our award winning iBL® curriculum a new program for Storeroom Team Members to create a world class storeroom!

Through the Storeroom & Materials Management iBL® course you will work with one of our SMRP certified coaches that will help apply each of the skills you learn to your facility. The iBL® curriculum uses tools such as cutting edge multi path eLearning, hands-on real-world simulations, project-based application, and interactive instruction that will have you learning and having fun while doing so! 

This course was created for storeroom team members, whatever your role may be in your store this program can help eliminate the following struggles many facilities face. 

Common downfalls in Storerooms across facilities:

- 97% of lead times are wrong

- 81% of order quantities are wrong

- 62% of order points are wrong

- 8% of SKUs are duplicates

- More than 50% of open work orders are waiting on parts

- 25% of time spent is looking for parts

- 30% of spare parts will never be used

* Data from MRO Connection. 

Students will be guided through different systematic approaches to stocking the right inventory, which balances the cost of parts with the cost of downtime. They will learn different mathematical approaches to establishing spare parts taxonomy and how it drives a reduction in spare part costs, all while improving maintainability. Storage practice improvements that the student will perform during the project will increase the quality of the parts in the stores and reducing installed defects. Students can also expect to see the right-sizing of their inventory, which usually includes a reduction in working capital while having more of the right parts onsite!

A few (of many) learning objectives:

- Bill of Materials

- Calculating ordering and carrying costs

- ABC classification

- Storeroom layout

- Managing obsolete part

- Implementing storeroom performance metrics

If you want to transform your storeroom to help your facility run smoother, then this iBL® program will change your organization! Contact us to learn more on our new program and how to get your storeroom to a world class level today!  

What is iBL?