Materials Management

• Objectives of Materials Management
• Functions of Materials Management
• Organisation of Materials Management
• Need, Scope and Functions of Integrated Material Management

Materials Planning

• Need of Materials Planning
• Factors affecting Materials Planning
• Tools of Materials Planning
• Principles and Procedure for Materials Planning
• Basic concepts of MRP (Material Requirements Planning)
• MRP Processing
• Computer Application to MRP Process
• MRP reports - Database recording and maintenance
• Independent and dependent MRP system

Materials Budgeting

• Basic concepts of Materials Budgeting
• Factors affecting Materials Budget
• Materials Budgeting and Accounting

Material Classification, Standardization and Codification

• Material classification for variety reduction
• Material classification on the basis of Value Analysis
• Basic concepts of codification
• Systems of codification
• Classification by codification
• Objectives and scope of standardization
• Simplification/Variety of reduction
• Levels of standard

Material Handling

• Importance and Objectives of Material Handling
• Methods and Practices of Material Handling
• Equipments for Material Handling
• Containerizations
• Waste Management - Surplus and Obsolete
• Damage and Pilferage
• Cost Analysis

Stores Management and Warehousing

• Stores Functions and objectives
• Types of Stores – Centralized and decentralized
• Functions of stores
• Stores Layout, Storage Media and Physical Verification
• Factors affecting successful Store-keeping
• Warehouse Management System (WMS)
• Warehouse operating principles
• Strategy for warehousing
• Planning Warehouse distribution
• Warehouse Layout
• Automatic Warehousing
• Schemes of Automatic Warehousing

Inventory Management

• Types of Inventory
• Types of Inventory Costs and factors affecting
• Inventory Management Models – Deterministic and Probabilistic Models
• Techniques of Inventory Control
• Inventory Performance Measurement (Ratio Analysis)

Purchase Management System

• Objectives of Purchasing
• Functions and responsibilities of Purchase Department
• Methods of Purchasing
• Purchase Department Organization
• JIT Purchasing – Prerequisites and Elements

Vendor Management

• System of Vendor evaluation
• Parameters for evaluation of Vendors Performance
• Social Audit
• Total evaluation – Purchasing Performance, Quantitative Objects etc
• Guidelines for purchase through tender and negotiation tender committee
• Purchase Review

Value Analysis System

• Value Analysis – Procedure and Approach
• Tools for Value Analysis

Negotiation Skills

• Basic approaches for Negotiation
• Strategy and Planning for Negotiation
• Tactics of effective negotiation

Quality Control

• Components and characteristics of quality
• Objectives and functions of quality control
• Acceptance sampling – Principles and Practices
• Double and Multiple Sampling
• OC and AOQ Curve

Stock Keeping and Accounting

• Maintaining Database system
• Preparing reports
• Managing Queries

Legal Framework

• The Indian Contract Act, 1872
• The Sales of Goods Act, 1930
• Special Purchase Contracts
• Goods Delivery

Apply for Certification

https://www.vskills.in/certification/Certified-Purchase-Manager