Specialization :Operations Management

MATERIALS MANAGEMENT (OM-1)

Unit I
Introduction – scope of materials management – primary and secondary
Objectives – integrated materials management – relation with other
functional areas of organization. Organizing for materials management –
basis for forming organizations.
Conventional and modern approaches to organizing materials management

Unit II
Materials identification – classifying of materials – codification of materials
– Standardization – simplification and variety reduction of materials

Unit III
Inventory control – techniques – FSN, VED, ABC – working capital
Management with reference to inventory

Unit IV
Management of stores – location – different types of stores – methods of
Storing – safety and security of materials – stores equipment – Materials
Handling equipment – factors affecting materials handling

Unit V
Stores issues and receipts – procedures – forms and policies in stores
Transactions – stores accounting – stores organization – materials safety and
Security

Unit VI
Purchasing – planning purchasing materials – norms of vendor rating – CEI
Methodology. Sub contracting – reasons for subcontracting – criteria for
selecting sub-contractors – rating – factors affecting subcontract rate fixing –
internal and external subcontract

RECOMMENDED BOOKS:
Integrated materials management-A. K. Datta-PHI
Purchasing and Supply Management-Dobbler, Burt D.N-TMI,7/e, 2004
REFERENCE BOOKS:
1. Materials Management – P Gopalakrishnan – PHI, 2002
2. Purchasing And Materials Management – Leenders Fearon –
Universal Book Stall
3. Purchasing And Inventory Control – K S Menon – Wheeler
Publishers
4. Materials Management – Varma M M – Sultan Chand And Sons