Material Management

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Dr. V. Lakshmipathy and S. Anuradha
ISBN-9789386488237
BBA University of Madras, Fifth Semester
Syllabus
MATERIAL MANAGEMENT
 
(CORE SUBJECT)
 
Unit-I
Materials Management – Definition and Function – Importance of Materials Management.
 
Unit-II
Integrated Materials Management – The Concept – Service Function Advantages – Inventory Control – Function of Inventory – Importance – Replenishment Stock –Material Demand Forecasting – MRP – Basis Tolls – Inventory Control – ABC – VED – FSN Analysis – Inventory Control of Spares and Slow Moving Items – EOQ – EBQ –Stores Planning.
 
Unit-III
Purchase Management – Purchasing – Procedure – Dynamic Purchasing – Principles – Import Substitution – International Purchase – Import Purchase Procedure.
 
Unit-IV
Stock-keeping and Materials Handling – Objectives – Function Store Keeping – Stores Responsibilities – Location of Store House – Centralized Store Room – Equipment – Security Measures – Protection and Prevention of Stores.
 
Unit-V
Vendor Rating – Vendor Management – Purchase Department – Responsibility – Buyer-Seller Relationship – VALUE Analysis – ISO – Types.
MU2017/BBA/5/03
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