Syllabus Of MM-

  1. Introduction to Material Management:
  • Definition and importance of material management
  • Evolution and historical perspective
  • Role in organizational efficiency and competitiveness
  1. Inventory Management:
  • Types of inventory (raw materials, work-in-progress, finished goods)
  • Inventory control techniques (ABC analysis, EOQ, safety stock)
  • Inventory valuation methods (FIFO, LIFO, Weighted Average)
  1. Material Requirement Planning (MRP):
  • Concepts and objectives
  • Bill of Materials (BOM)
  • MRP process and calculations
  1. Just-In-Time (JIT) and Lean Principles:
  • JIT philosophy and principles
  • Benefits and challenges of JIT
  • Lean manufacturing concepts and tools
  1. Procurement and Supplier Management:
  • Sourcing strategies
  • Supplier selection and evaluation
  • Contract management
  1. Warehouse and Storage Management:
  • Warehouse design and layout
  • Storage systems and equipment
  • Warehouse operations and optimization
  1. Transportation and Distribution Management:
  • Modes of transportation (road, rail, sea, air)
  • Routing and scheduling
  • Distribution network design
  1. Materials Handling and Packaging:
  • Material handling equipment and techniques
  • Packaging materials and methods
  • Safety considerations
  1. Quality Management in Material Management:
  • Total Quality Management (TQM)
  • Quality control and inspection
  • ISO standards and certifications
  1. Technology and Information Systems:
  • Use of technology in material management
  • Enterprise Resource Planning (ERP) systems
  • RFID and barcoding
  1. Sustainability and Environmental Considerations:
  • Sustainable procurement practices
  • Green supply chain management
  • Environmental regulations and compliance
  1. Case Studies and Practical Applications:
  • Real-world examples and industry-specific cases
  • Group discussions and analysis
  1. Project and Resource Management:
  • Project planning and execution
  • Resource allocation and optimization
  1. Risk Management:
  • Identifying and mitigating risks in material management
  • Crisis management and business continuity planning
  1. Ethical and Legal Issues:
  • Ethical considerations in procurement and supply chain management
  • Legal frameworks and contracts