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Material Management Course in Chennai Spark Training Academy is a leading training academy now offers job oriented Material Management Course in Chennai. The training program is aimed at training material management professionals and adding value to their skills. Who can attend Material Management Course in Chennai? Material Managers/Executives Supply Chain Professionals MBA (Material Management) Freshers Program Objectives: By the end of the program, participants will be able to: Define the objectives and functions of materials and supply chain management (stock control, purchasing, stores and physical distribution) and how they relate to each other. Forecast future demand for different stock items. Classify stock items based on the ABC classification model. Set Re-Order Points (ROP), EOQ and safety stocks for different stock items. Explain the basic purchasing process and demonstrate how to apply the Incoterms. Apply best practices in warehouses to maintain accurate inventory records. List the various transportation functions and costs. Use the right Key Performance Indicators (KPIs) for the measurement and evaluation of the supply chain department’s performance. Why should you take Material Management Course in Chennai from Spark Training Academy? 1. Material Heads and Managers of companies take the training 2. 100% assured interview after course completion 3. Industry accepted and updated course curriculum 4. Free Trainer & Resources access after course completion 5. Soft skills, resume preparation & mock interviews 6. Classroom and online training one to one also (Skype, Webex) 7. 19X7 Live support via Email, Phone and Chat Kindly contact us for more details. Spark Training Academy Phone: 91 9677207445 www.sparktraining.in
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SPARK TRAINING ACADEMY PHONE: 91 9677207445 [email protected]
Material Management Course Contents
1. Definitions of Materials Management
a. The Functions and Objectives of Materials Management
b. Organization, Policies and Procedures
c. The importance of customer service in materials and supply chain
d. Problems in Material Management
2. Inventory planning and Stock Control
a. Inventory Costs
b. ABC Classification
c. Application of the ABC Classification
3. Forecasting & Planning in Material Management
a. How to Deal with Conflicting Objectives
b. Forecasting Objectives
c. Different Forecasting Models
d. Evaluation of Forecasts
4. Material Planning & Control
a. The Economic Order Quantity
b. The Maximum/Minimum System
c. The Importance of Controlling Lead Time
d. Setting the Re-Order Levels
e. Setting of Safety Stocks
f. How to Deal with Constrained Quantity Discount Schemes
5. The Purchasing Function
a. Basic Purchasing Process
b. Factors to Consider when Selecting Suppliers
c. Definition and Application of Incoterms
d. Suppliers Evaluation
e. Negotiating with Suppliers
6. Warehousing
a. Receiving, Storage and Issuing
b. Inventory Record Accuracy
c. Periodic Cycle Counting
SPARK TRAINING ACADEMY PHONE: 91 9677207445 [email protected]
7. The Transport Function
a. Responsibilities of Traffic
b. Cost-Reduction Opportunities
8. Productivity in Materials
a. Definition of Productivity
b. Causes of Lost Time
c. Materials and Supply Chain Management through Performance Analysis
d. How to Set KPIs
e. The Most Important KPIs in Materials and Supply Chain
