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CP Training Courses > Contracts and Procurement

Project Surplus Materials - Management and Minimisation

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

A 3-day training course

Dates: please enquire to
Venue: Supply Chain Academy, Upminster, London (UK) Fee: £995 plus VAT - Book 4 delegates or more and save 20%

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'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 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.
This course is available for in-house delivery if required.

This course will be conducted in the English language.

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