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Maintenance Storerooms Seminar

Modern business requirements offer many new challenges for Materials Managers and Maintenance Storekeepers. MRO supplies must be available on demand while keeping inventory values to an absolute minimum. These seemingly contradictory goals are achievable through good materials management. This seminar couples the fundamentals with cutting edge methods to help bring credibility back.
Location Dates Price 
Chicago, Illinois November 20-21, 2014 $975.00
Also available as on-site training

Materials Management
  • Quality, Quantity, Price, and Time
  • The Storeroom Balancing Act
  • Reducing Inventory Dollar Value
  • Increasing Storeroom Service Level
  • Handling Obsolescence
  • Eliminating Caches & Hiding Areas
The Physical Layout
  • Optimal Storeroom Dimensions
  • Dealing with a Small Storage Space
  • Determining Storage, Lighting, and Security Requirements
  • Shelving, Modular Drawer and other Storage Options
  • New Tools for Developing the Floor Plan
  • Solving Special Storage Challenges
  • OSHA Requirements for Material Storage
Identifying Stock Items
  • Stock Identification Systems
  • Hierarchical Systems vs. Unique Stock Numbers
  • Qualifying Word List Examples
  • Describing Items for Cataloging and Repurchase
  • Stock Locator Systems
Storeroom Catalogs
  • Building a Usable Catalog
  • Computer Searches vs. Printed Catalogs
  • Listing Order and Indexes
  • Employing Pictures and Exploded Views
  • Avoiding Common Cataloging Mistakes
Storeroom Controls
  • The Perpetual Inventory System
  • Streamlining Issues, Receipts, and Returns
  • Optional Annuals and Cycle Counts
  • The Question of Security
  • Controlling Additions and Deletions
Storeroom Economics
  • Storeroom Operating Costs
  • The Cost of Purchasing and the Cost of Holding
  • Inventory Cycles and Usage Rates
  • Determining Reorder Points and Safety Stock Requirements
  • Lead-times and Streamlining the Purchasing Cycle
  • Establishing Proper Order Quantities
  • Shipping Options and Lowering Freight Costs
  • Reducing Inventory Value through Consignment and Delivery Contracts
  • ABC and XYZ Analysis, Stock Turnover Rates, and Other Management Indices
  • Checks on Supplier Performance
Storeroom Purchasing
  • Rating, Certifying, and Selecting Suppliers
  • Systems Contracts, Integrated Suppliers, and Single Sourcing
  • Partnerships and Alliances with Suppliers
  • Keeping Tabs on Supplier Restocking Programs
  • Purchasing Law and Ethics
  • Evaluating Computerized Inventory Systems
  • Search Engines and Ad-hoc Reporting
  • Bar Coding Systems - Hardware, Software, and Formats
  • Implementing RFID
  • Electronic Commerce - EDI, Faxes, E-mail, the Internet
  • Common Control Reports
Storeroom Tool

New Standard Institute can help you improve your storeroom reorder point levels. Download this free tool. Click here.

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Additional Information

Prepayment by Credit Card or Check is required to reserve space at any seminar. Payment must be in US funds/drawn from a US bank. For wire transfer please contact the office of New Standard Institute for details. A $50 service fee is applied for wire transfer payments.

Credit Cards
Credit Card payments require card number, expiration date, and name of cardholder. We accept MasterCard, Visa, Discover, and American Express.

Checks must be sent to:
New Standard Institute, Inc.
84 Broad Street
Milford, CT 06460-3383 USA

Purchase Orders
For Purchase Order registration, hard copy of the PO must be sent by fax, mail, or email, including your company's billing address and accounts payable department phone number. Purchase Orders will only be accepted from companies in the New Standard Institute "current client" database. Payment on a PO is due prior to start date of seminar. Registrations are not complete without full payment of PO.

Clients must notify New Standard Institute in writing two weeks prior to any seminar if they cannot attend the session they have reserved. Clients may choose to receive a partial refund or credit towards another seminar two weeks prior to the seminar. For any cancellation, there will be a $200 charge for nonrefundable amenities reserved in the name of the registrant.

Refunds will be issued in the form of a check made out to the registrant's company name. Credit for another seminar session can be given for the amount paid, valid for up to 6 months.

"No-shows" and cancellations less than two weeks prior to a seminar will forfeit all registration fees.

A 10% rebate may be applied when three or more people from a facility attend the same session. Application for rebate will be accepted after the seminar is completed.

Travel and Hotel Information
Attendees are responsible for their own transportation and accommodations. New Standard Institute holds a block of reduced rate sleeping rooms for attendees at each seminar location, available on a limited basis. Certain restrictions may apply. New Standard is not responsible for airline tickets or hotel costs and penalties.

Seminar Hours
Seminar hours are from 8:30 AM to 4:30 PM.

Confirmation of your registration will be sent by email within one business day of receipt of payment. If the seminar is full, you may transfer to an alternate session. New Standard Institute reserves the option of canceling, postponing, rescheduling or relocating any session. In such an event, space will be provided for confirmed attendees at an alternative seminar location.

Copyright © 2014
New Standard Institute
84 Broad Street
Milford, CT 06460
phone: 203-783-1582
fax: 203-286-2188

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