Materials Management Development Program

Objectives of Materials Management

Functions and Objectives of Materials Management
Problems in Materials Management
Inventory Management

Types of Inventory
The ABC Inventory Classification
Forecasting and Planning
Materials Planning and Control

Inventory Costs
Min-Max System
When and How Much to Order
Warehousing Management

Objectives of Warehousing
Design of the Warehouse
Stock Location and Storage Utilization
Inventory Record Accuracy

Periodic and Cycle Counting
Reducing Inventory Investment

Identification and Disposal of Surplus
Just-In-Time (JIT)
Purchasing Management

Total Value Analysis
Linking the Purchasing Function with the Organization's Strategy
Optimizing Purchasing Productivity
Designing and Conducting User Surveys
Supplier Evaluation

Negotiating with Suppliers
Building Good Relationships with Suppliers
Qualitative and Quantitative Supplier Rating Methods
Distribution Management

Providing Superior Service
Planning for Safety
Selecting the Best Transportation Mode
Productivity in the Materials Department

Causes of Lost Productivity
Materials Management through KPI's