Maximo Application Suite – Manage: Inventory Management (MAX4329G)

Module 1: Introduction to Inventory Management Set up and manage items and assets

• Use the Inventory application and related applications
• Configure Inventory Options
• Perform Reordering

Module 2: Item and Asset Setup

• Rotating and Non-Rotating Items
• Inventory Definitions and Concepts
• Items and Item Sets
• Item Master
• Specifications
• Item Assembly Structures

Module 3: Item Setup

• Non-Rotating Item Setup
• Rotating Item Setup
• Inventory Options

Student Exercises: Lab 1: Create Item Records

Module 4: Asset Setup

• Walkthrough of Asset Application
• Related Modules and Applications
• Associating People/Users
• Asset Status
• GL Accounts and Priority

Module 5: Inventory Overview and Options

• Overview of Inventory
• Organization Option Details
• Inventory Costing Methods

Module 6: Inventory Application

• Condition Codes
• Consignment Items
• Inventory Reservations
• Inventory Balances
• Cycle Counting

Student Exercises: Lab 2: Condition Codes

Module 7: Inventory Actions

• Common Actions – Change Status
• More Actions – View Item Availability
• Inventory Adjustments

Student Exercises: Lab 3: Create Items and Kits

Module 8: Inventory Usage Application

• Issues, Transfers and Returns
• Staging and Shipping

Module 9: Inventory Reorder Process

• Process Overview
• Reorder Parameter
• Reorder Reports
• Parameter Calculation
• Demonstration: Inventory Management

Student Exercises: Lab 4: Inventory Management

Optional Student Exercises: Lab 5: LIFO and FIFO