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Project Surplus Materials - Management and Minimisation

How to reduce the ever-present problem of Surpluse and Excess Stock.

A 3-day training course

'Surplus material" means that the company has more of that item than it needs. Though this situation arises typically at the end of a project - it also applies to items held in company stores as "stock" materials. How to minimise surplus is a constant issue in many organisations, and far from being just an inconvenient afterthought it is actually a "big subject".

This 3-day course is intended for staff involved in the overall procurement process, typically: * Materials staff such as materials co-ordinators assigned to Project Teams * Engineers and Managers having influence over Project Execution Strategies * Project team members - such as Contracts, Finance, Quality Assurance * Front line staff in Purchasing & Materials Management positions (such as Buying, Warehouse Management) and related support roles (such as Inventory Management, Materials Standardisation & Cataloguing).

By the end of the course, the participants will be able to:

• Relate sustainability and environmental concerns to the subject of surplus materials
• Understand the factors that give rise to surplus materials
• Assess the costs associated with having surplus materials
• Recognise the need to influence procurement & project strategies at an early stage in order to minimise the level of surplus materials
• Describe the tactics that help to minimise or even eliminate surplus materials at the end of a project
• Decide the most appropriate process for handling surplus project materials.

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