About Our Effective Materials Management Course

Time Training Center’s 5-day, 30-hour Effective Materials Management for Oil and Gas Industry Course equips you with a structured approach to planning, sourcing, storing, and disposing of the wide range of materials and spare parts used in exploration, production, refining, and processing operations. 

Effective materials management plays a crucial role in maintaining operational continuity and financial performance in oil and gas facilities. The course addresses practical challenges in managing critical items often with long lead times within the dynamic, asset-intensive oil and gas environment, emphasizing how materials availability impacts equipment uptime, project delivery, cost control, and overall operational efficiency.

Participants will gain in-depth knowledge of inventory optimization, warehouse performance, and investment recovery. The course explores how leading oil and gas companies apply structured analysis and proven tools to enhance inventory accuracy, reduce stockholding costs, maximize storage efficiency, and strategically dispose of surplus or obsolete materials. Through real-world examples and practical frameworks, this program equips professionals with the skills needed to align material flows with business objectives and ensure high service levels across the supply chain.

Effective Materials Management Course Objectives

Upon successful completion of this Effective Materials Management for Oil and Gas Industry course, participants will be able to:

• Provide improved customer service by ensuring the availability of critical and long-lead materials for upstream and downstream operations
• Apply inventory analysis techniques and establish performance indicators for order point and min/max systems
• Utilize advanced supplier collaboration models, including consigned inventory, integrated supply, and vendor-managed stock
• Understand and improve forecasting methods to align material planning with demand variability
• Enhance warehouse efficiency through improved layout design, space utilization, and operational flow
• Increase inventory accuracy through effective physical control practices, barcoding, and cycle counting
• Implement best practices in managing surplus and inactive stock to generate greater investment recovery returns
• Align inventory and warehousing practices with the strategic goals of reliability, efficiency, and cost containment in oil and gas operations

Who Should Attend Our Effective Materials Management Course?

This course is highly beneficial for professionals responsible for materials management in the oil and gas industry, including:

• Materials and Inventory Managers
• Warehouse and Logistics Supervisors
• Procurement and Supply Chain Officers
• Maintenance and Operations Coordinators
• Supply Planning Analysts
• Investment Recovery Specialists
• Field Support and Logistics Engineers
• Project Materials Controllers
• Professionals transitioning into materials roles within the oil, gas, or petrochemical sectors

Effective Materials Management Course Training Methodology

We employ a comprehensive and applied learning strategy, integrating theory with real-world implementation:

• 30% Conceptual Learning: Expert-led sessions on catalytic theory and engineering principles
• 20% Interactive Workshops: Group exercises, presentations, and technical discussion forums
• 30% Case-Based Learning: Industry-specific examples and troubleshooting scenarios
• 20% Technology Integration: Digital tools, simulations, and catalyst modeling applications

Note: Instructors may adjust the training approach to fit technical requirements or participant engagement levels.

Effective Materials Management Course Instructor

Our courses are delivered by highly qualified instructors with extensive experience in both industry and academia. With decades of hands-on expertise across a wide range of technical disciplines, our instructors are dedicated to providing high-quality, impactful training that equips participants with practical knowledge and skills they can immediately apply. Full instructor profiles are available upon request.

Effective Materials Management Course Fees

The course fee includes the following:

• Course Materials: Comprehensive participant materials, including lecture notes, slides, and case study documents. (Tablet or IPAD)
• Coffee/Tea: Provided on arrival and during morning and afternoon breaks to keep participants refreshed.
• Buffet Lunch: Served daily to ensure participants have an opportunity to network and recharge during lunch breaks.

Effective Materials Management Course Outline

Module 1: Inventory Strategy and Demand Planning

• Pre-test assessment of existing knowledge
• Setting comprehensive inventory goals and objectives
• Understanding carrying costs and the economic order quantity theory
• Using forecasting techniques to anticipate material requirements
• Determining safety stock levels and reorder points
• Segmenting inventory for criticality, usage, and value
• Establishing formal stocking criteria for essential and non-essential items

Module 2: Inventory Optimization and Control Techniques

• Improving min/max systems and reorder settings
• Material identification and coding for inventory control
• Managing long lead-time and critical spares
• Enhancing inventory accuracy through cycle counting systems
• Developing inventory performance indicators and tracking metrics
• Leveraging supplier stocking programs and integrated supply models

Module 3: Warehousing Principles and Storage Efficiency

• Designing efficient warehouse layouts for oil and gas materials
• Enhancing space utilization and material flow
• Implementing warehouse scorecards and KPIs
• Applying technologies such as barcoding, RFID, and WMS
• Improving physical security and safety within warehouse environments
• Best practices in receiving, issuing, and material returns

Module 4: Inventory Governance and Risk Management

• Improving record accuracy and inventory auditing procedures
• Establishing formal processes for surplus and excess material identification
• Managing obsolete and dormant inventory
• Reducing inventory losses due to pilferage, deterioration, or redundancy
• Ensuring compliance with industry standards and audit readiness

Module 5: Investment Recovery and Value Optimization

• Understanding the concept and principles of investment recovery
• Applying the disposition value chain in the oil and gas context
• Recovering value through reuse, resale, recycling, or disposal
• Techniques for evaluating surplus material value and marketability
• Managing the legal, financial, and environmental considerations in asset disposition
• Integrating investment recovery into supply chain and materials strategy

Module 6: Capstone and Assessment

• Review of Core Topics and Key Learnings
• Final Group Discussion and Q&A
• Post-Test Evaluation
• Certificate Presentation

Course Completion Certificate

Upon successfully completing the Effective Materials Management for Oil and Gas Industry Course at Time Training Center, participants will receive an official Course Completion Certificate. This certificate recognizes their expertise in materials management, inventory control, and logistics coordination within the oil and gas sector.