Monday, March 22, 2021 - 8:00am to Tuesday, March 23, 2021 - 5:00pm
Georgia Tech Global Learning Center
An overview of theories and methods used for managing inventory in the service sector (e.g. utilities, airlines, rail, etc.). Unlike conventional inventory management for manufacturing work-in-process (WIP) and finished goods, inventory management for service operations deals maintenance-related and spare parts and inventories that are critical for ensuring equipment availability and supporting maintenance, repair and operations (MRO).
The course focuses on understanding the unique aspects of managing inventory for MRO and Service Operations. This includes understanding various aspects that drive demand in the service-related companies like demand originating from maintenance and repair activities. The course will discuss different types of part classifications, inventory forecasting methods, and a classic inventory control models and theories. Methods and practices that are more suited for managing MRO-related inventory will be emphasized and discussed in greater detail.
This course is designed for inventory managers, supply chain practitioners, procurements officers, and individuals responsible for managing storerooms and part warehouses in service-related industries.