Course Description for Asset Procurement

This course focuses on how procurement is started for assets and simultaneously how the material demand (i.e. the additional parts of the design objects connected to the project activity) are managed.

Course Length

The estimated time to complete this course is 3 hours.

Target Audience

This course was designed primarily for users with expertise in process and mechanical, electrical, and/or instrumentation engineering.

Procurement Initiation

This chapter describes how procurement, involving request for order quotations and purchase requisitions, can be initiated from IFS/Asset Design for design objects in a plant. 

Prerequisites

Before taking the lessons in this chapter, you should have completed the Asset Design and Asset Engineering courses.

Chapter Length

The estimated time to complete this chapter is 1 hour 30 minutes.

Target Audience

This chapter was designed for engineers initiating procurement.

Material Demand Management

This chapter describes how to update the planned cost on the engineering register material procurement (ERMPL) demand, how to update the planned cost on a design object based on the ERMPL demand, and perform inventory related activities such as reserving, issuing and un-issuing material.

Prerequisites

Before taking the lessons in this chapter, you should have completed the Asset Design and Asset Engineering courses.

Chapter Length

The estimated time to complete this chapter is 1 hour and 30 minutes.

Target Audience

This chapter was designed for engineers managing ERMPL demands.