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Provided by: Meirc Training and Consulting Materials Management Development Program |
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This program is designed for Those involved in any or all functions of materials management at the operational and supervisory levels. The program is also appropriate for anyone interested to learn more about the role of materials management. This program is worth 50 NASBA CPE?s.
Understand the various functions of materials and supply chain management and how they relate to each other.
Plan and control stock successfully and cost effectively using proven techniques of inventory management including stock classification, forecasting and ordering.
Manage the warehousing operations and maximize user service by providing fast and accurate issuing.
Negotiate with suppliers and perform accurate supplier evaluation.
Improve the productivity of the purchasing function while understanding total value analysis.
Implement effective techniques for managing fleet and distribution.
Measure the performance of the entire materials and supply chain department by applying appropriate Key Performance Indicators KPIs.
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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
Reducing Inventory Investment
Identification and Disposal of Surplus
Just-In-Time JIT
Warehousing Management
Objectives of Warehousing
Design of the Warehouse
Stock Location and Storage Utilization
Inventory Record Accuracy
Periodic and Cycle Counting
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 KPIs
