Introduction – scope of materials management – primary and secondary objectives – integrated materialsmanagement – relation with other functional areas of organization.Organizing for materials management – basis for forming organizations – conventional and modern approachesto organizing materials management
Materials identification – classifying of materials – codification of materials – standardization – simplificationand variety reduction of materials
Inventory control – techniques – FSN, VED, ABC – working capital management with reference to inventory
Management of stores – location – different types of stores – methods of storing – safety and security ofmaterials – stores equipment – materials handling equipment – factors affecting materials handling
Stores issues and receipts – procedures – forms and policies in stores transactions – stores accounting – storesorganization – materials safety and security
Management of surplus obsolete and scrap materials – reasons for accumulation of surplus obsolete and scrapmaterials – methods of disposal – regulations and procedures
Purchasing – planning purchasing materials – norms of vendor rating – CEI methodology, Japanese industry –selection and development – purchasing procedures and methods – legal aspects – insurance of materials –supply management – sources of supply – out sourcing
Sub contracting – reasons for subcontracting – criteria for selecting sub contractors – rating – factors affectingsubcontract rate fixing – internal and external subcontract