inventory management: cost-saving tips for the educational environment

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Inventory Management: This seminar is endorsed by This series is made possible by Tuesday, January 15 th 12 Noon Eastern time To dial into the webcast audio from your phone: 1-800-272-9104 Cost Saving Tips for the Educational Environment

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A peer inventory specialist shares proven methods for developing and implementing an efficient inventory management program. You’ll learn how more accurately tracking and managing your inventory can help you save money and time, as well as improve the educational environment.

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Page 1: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Inventory Management:

This seminar is endorsed by

This series is made possible by

Tuesday, January 15th 12 Noon Eastern time

To dial into the webcast audio from your phone:

1-800-272-9104

Cost Saving Tips for the

Educational Environment

Page 2: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Structure of Today’s Seminar

• We must mute phones to prevent excessive noise

• We will monitor the chat

• When you leave the webinar: • A survey appears

for your feedback • Tell us what info you want • Download a certificate

of attendance A recording of today’s webcast and presentation will be available online tomorrow at www.facilitymastersonline.com/webcasts

Page 3: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Connect with Facility Masters

• Join our 700+ member Listserv

[email protected]

• Become a fan on Facebook

www.facebook.com/facilitymasters

• Follow us on Twitter

www.twitter.com/facilitymasters

– Today’s Hashtags: #Inventory #FMWebcast

• Follow us on LinkedIn

www.linkedin.com/company/facility-masters

• View our online resource library

www.FacilityMastersOnline.com

Page 4: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Today’s Speakers

Matt Lightner SchoolDude.com

Roger Young FacilityMastersOnline.com

Kenneth Braeutigam Russellville Public Schools, AR

Page 5: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Endorsements

State of New Mexico Public School Facilities Authority

Page 6: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Importance

• Track where parts and materials are used

• Make better budget decisions

• Prevent overstocking

• Checks and balances

• Ongoing review of items on hand

• More efficiency

Page 7: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Kenneth Braeutigam

Managing Inventory

Page 8: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

– 10 Campuses

– 1.4 M Square Feet of Building Space

– 180 Acres of grounds

– 5,000 Students

– One Central Warehouse

Page 9: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Issues and Goals

• Get in Control of Inventory

– Large inventory of some items

– Not enough of other items

– Standardization

– Knowing where the supplies were being used

– More control of purchasing

Page 10: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Issues and Goals

• Leverage Technology

– Utilize technology across the board

• HVAC, MD, PMD

• Become more efficient

• Natural process

• Obstacles / Challenges

– Organizing and cataloging what was in stock

• Maintenance, Custodial, Food Service, Tools

Page 11: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Evaluating Inventory Software

• Factors

– Web based system

– Already using MD and PMD – 100% Satisfied

– Seamless integration with MD and PMD

– Central Inventory and School Location Pools

– Client support

Page 12: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Evaluating Inventory Software

• Getting Support – School Business Official important

– Online demonstration

– Identified the issues

– Projected the benefits

– Built upon a business relationship that was

superb

Page 13: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Program Implementation

• Steps – Create a workable plan

– Clean and purge storage space

– Organize, count and catalog parts/items on hand

– Create an identification system for each item • Use common identifiers

• Do not get too technical

• Easy to search for items

– Enter data into Inventory Direct

– Create individual “pools” at each site • Reduce “windshield time”

Page 14: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Page 15: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Page 16: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Pool Inventory Set Up

Page 17: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Inventory System

Features

Page 18: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Page 19: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

In the catalog we can search by “keyword” or by category

Page 20: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Page 21: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Page 22: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Page 23: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Page 24: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Page 25: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Page 26: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Page 27: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Page 28: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Relating

Inventory System

To

Work Order System

Page 29: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Page 30: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Page 31: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Key Benefits

• Inventory is being Managed

– Know how the inventory is being used

• Related to work orders

– Control purchasing

• When and what to order

– Know what is in inventory

• Cost and location

– Find the inventory items quicker

– More efficient

Page 32: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Recommendations

• Utilize a web based inventory system

– Access 27/7 from anywhere

• Integrated with work order system

– Easy to populate the work order

• Create logical inventory catalog system

– Easy to search, consistent, generic,

• Include staff in the process

• Focus on communication and training

• Select a business partner that is trusted

Page 33: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Tips to Inventory Control Using SchoolDude to track and analyze information

Matt Lightner SchoolDude.com

Page 34: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

InventoryDirect • Inventory of supplies and equipment

– Consumable items such as custodial, mechanical, tools, instructional, and food services

• Helps to insure that supplies are on hand to manage work order requests

– Reactive and preventative maintenance

Page 35: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by: MaintenanceDirect

• Automates workflow process

• Report issues quickly / track progress

• Documents inventory and equipment used to complete work order requests

– Such as filters, light bulbs, chemicals, cleaning supplies, etc…

Page 36: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Details of the work request

Documentation of Inventory Transactions

Page 37: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by: PMDirect • Identifies the inspection process and work to

be undertaken – proactive

• Documents regular task and procedure inspection processes

• Helps manage inventory and tools used during the inspection process

Page 38: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

Proactive: Recurring Scheduling

-Establish a scheduled series of inspections

Page 39: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

PM Schedule & Inventory to be Used

Page 40: Inventory Management: Cost-Saving Tips for the Educational Environment

Facility Masters Webcast Series This series is made possible by:

What can SchoolDude do for me?

• Utilize a web-based inventory system

– Access anytime and anywhere

• Document inventory used for all tasks completed

– Reactive and proactive work

• Generate quick, accessible inventory reports for administration

Page 41: Inventory Management: Cost-Saving Tips for the Educational Environment

Contact Resources

To learn more: [email protected] Current clients: [email protected]

Download this presentation, resources, and more at:

www.FacilityMastersOnline.com/webcasts www.schooldude.com/resources www.myschooldude.com

Matt Lightner SchoolDude.com [email protected]

Roger Young, [email protected]

Kenneth Braeutigam, [email protected]