At the end of this course, you will be able to:
Explain the basic concepts, definitions, functions, and objectives of the subject matter of materials management.
State and explain the objectives of materials management and illustrate the concept of an integrated materials management function.
Explain what forecasting, why forecasting, steps in forecasting and Forecasting Techniques.
Understand and describe procedures, policies, and objectives of purchasing function.
Define the term inventory and inventory management.
Identify different types of inventory, inventory management and types of inventory models.
Describe the meaning of storage management and state warehouse/storage functions and responsibilities.
Explain the concept of material handling and its devices/equipment’s
Understand the meanings of plant layout and the process layout.
Describe the principles and guidelines for effective materials handling
Describe the logistics management concept & practice