Materials Management Professional

Introduction

This program provides Students education necessary to pursue a career in materials management professional. The benefiting from this program include: production and inventory control professionals who want to increase their knowledge of the field; newcomers to the profession who want to acquire a solid foundation on which to build a career; and those choosing careers in purchasing, accounting, production supervision, traffic or warehousing. Today, successful companies rely on the skills of Material Management professionals to keep their goods and services efficiently, and as cost-effective as possible. Materials management is a bright spot among up-and-coming careers, with employment opportunities in a wide variety of industries, in firms of all sizes.

Eligibility

10+2 or Equivalent

Duration

3 Months

Course Fess

INR 15000.00

Curriculum

  • Part I: INTRODUCTION TO MATERIALS MANAGEMENT  
    • Operating Environment and The Supply Chain Concept
    • What is Material Management?

    Part II: PRODUCTION PLANNING SYSTEM     

    • Manufacturing Planning and Control System
    • Sales and Operations Planning
    • Manufacturing Resource Planning
    • Enterprise Resource Planning
    • Making the Production Plan

    Part III: MATERIAL REQUIREMENTS PLANNING AND CAPACITY MANAGEMENT

    • Bills of Material and using the Material Requirements Plan
    • Material Requirements Planning Process
    • Introduction and Definition of Capacity
    • Capacity Planning, Capacity Available and Capacity Required

    Part IV: PRODUCTION ACTIVITY CONTROL  

    • Introduction, Data Requirements
    • Order Preparation, Scheduling
    • Load Leveling, Scheduling Bottlenecks
    • Theory of Constraints and Drum-Buffer-Rope
    • Implementation, Control and Production Reporting

    Part V: PURCHASING / FORECASTING    

    • Establishing Specifications
    • Selecting Suppliers / Price Determination
    • Impact of Material Requirements Planning on Purchasing
    • Demand Management and Forecasting
    • Characteristic and Principles of Forecasting/Demand
    • Forecasting Techniques / Tracking the Forecast

    Part VI: INVENTORY FUNDAMENTALS AND ORDER QUANTITIES

    • Aggregate and Item Inventory Management
    • Inventory and the Flow of Material
    • Supply and Demand Patterns
    • Functions and Objectives of Inventories
    • Inventory Costs / Financial Statement and Inventory
    • ABC Inventory Control
    • Economic-Order Quantity
    • Variations of the EOQ Model
    • Quantity Discounts
    • Use of EOQ when Costs are not Known
    • Period-Order Quantity

    Part VII: INDEPENDENT DEMAND ORDERING SYSTEMS

    • Order Point System
    • Determining Safety Stock & Service Levels
    • Different Forecast and Lead-Time Intervals
    • Periodic Review System
    • Distribution Inventory

    Part VIII: PHYSICAL DISTRIBUTION

    • Physical Distribution System
    • Interfaces / Transportation
    • Legal Types of Carriage
    • Transportation Cost Elements
    • Warehousing, Packaging and Material Handling

    Part IX: PRODUCTS AND PROCESSES

    • Need for New Products
    • Products Development Principles
    • Product Specification and Process Design
    • Factors Influencing Process Design
    • Processing Equipment and Continuous Process Improvement (CPI)

    Part X: JUST-IN-TIME MANUFACTURING AND LEAN PRODUCTION

    • Just-in-Time Philosophy / Just-in-Time Environment
    • Manufacturing Planning and Control in a JIT Environment
    • Lean Production
    • Which to Choose-MRP (ERP), Kanban or Theory of Constraints?

Fees Details

Particular :  Lump Sum Payment

Program Fees : INR 15000.00

Payment Instructions:

  • Service tax of 15 % is applicable
  • All payment should be in favor of “ICR India Certifications Private Limited” payable at Meerut.