This document outlines the key topics in materials and supply chain management including: 1) an overview of materials management and its integrated approach; 2) techniques for materials planning including MRP I and MRP II; 3) purchasing procedures, pricing issues, receipt, storage and issues of materials; 4) definitions and classifications of inventories, the need for and merits/demerits of inventories, and inventory control techniques including ABC analysis and EOQ analysis; 5) understanding supply chains including concepts, decision phases, processes, drivers, the role of managers and information technology, and the bullwhip effect.
This document outlines the key topics in materials and supply chain management including: 1) an overview of materials management and its integrated approach; 2) techniques for materials planning including MRP I and MRP II; 3) purchasing procedures, pricing issues, receipt, storage and issues of materials; 4) definitions and classifications of inventories, the need for and merits/demerits of inventories, and inventory control techniques including ABC analysis and EOQ analysis; 5) understanding supply chains including concepts, decision phases, processes, drivers, the role of managers and information technology, and the bullwhip effect.
This document outlines the key topics in materials and supply chain management including: 1) an overview of materials management and its integrated approach; 2) techniques for materials planning including MRP I and MRP II; 3) purchasing procedures, pricing issues, receipt, storage and issues of materials; 4) definitions and classifications of inventories, the need for and merits/demerits of inventories, and inventory control techniques including ABC analysis and EOQ analysis; 5) understanding supply chains including concepts, decision phases, processes, drivers, the role of managers and information technology, and the bullwhip effect.
1) Materials management An overview Introduction, Scope- Objective, Importance;
Integrated approach to Materials Management. 2) Material Planning Introduction Factors affecting material planning Techniques of material planning - MRP I & II 3) Purchasing, Procedure & Pricing Issues Receipt Storage - Issues 4) Inventories Definition-Classification of Inventories- Need for inventories Merits & Demerits of Inventories Inventory control techniques and principles - classification, codification, standardization ABC analysis , EOQ Analysis, Concept and assumption, VED, GOLF, FSN HML 5) Understanding the Supply Chain, Concept , Decision Phases in Supply Chain, Process, Supply chain drivers, Role of a Manager in Supply Chain Value Chain, Role of Information Technology in Supply Chain, Bull Whip Effect and Supply Chain