IE3001 Materials Management Syllabus:
IE3001 Materials Management Syllabus – Anna University Regulation 2021
OBJECTIVE:
• Develop an ability to perform the role of a materials manager in an organization.
• Shall be able to improve due date performance through use of MRP techniques with in capacity constraints.
• Shall be able to analyze the inventory situation of a company and suggest improvements.
• To lead the teams for effective decision making and coordinate to effect purchase at minimum cost.
• Shall be able to manage the activities of warehouse manager in a scientific manner.
UNIT I INTRODUCTION
Operating environment-aggregate planning-role, need, strategies, costs techniques, approaches-master scheduling – manufacturing planning and control systemmanufacturing resource planning-enterprise resource planning-making the production plan
UNIT II MATERIALS PLANNING
Materials requirements planning – bill of materials – resource requirement planning – manufacturing resource planning – capacity management – scheduling orders-production activity control – codification.
UNIT III INVENTORY MANAGEMENT
Policy Decisions– Objectives-control -Retail Discounting Model, Newsvendor Model; EOQ and EBQmodels for uniform and variable demand With and without shortages – Quantity discount models. Probabilistic inventory models.
UNIT IV PURCHASING MANAGEMENT
Establishing specifications – selecting suppliers – price determination – forward buying – mixed buying strategy – price forecasting – buying seasonal commodities –purchasing under uncertainty – demand management – price forecasting-purchasing under uncertainty – purchasing of capital equipment – international purchasing
UNITV WAREHOUSE MANAGEMENT
Warehousing functions – types – Stores management-stores systems and procedures-incomingmaterials control-stores accounting and stock verification Obsolete, surplus and scrap-value analysis – material handling-transportation and traffic management – operational efficiency – productivity – cost effectiveness –performance measurement
TOTAL:45PERIODS
OUTCOME :
CO1: Understand the scope and importance of materials management function in an organisation
CO2: Develop overall MaterialsRequirementsPlan
CO3: Apply various inventory controlling techniques into practice
CO4: Recommend appropriate Purchasing strategy for different category of items
CO5: Analyzing the activities Build effective warehouse management systems
TEXTBOOK
1. J.R.Tony Arnold,StephenN.Chapman,LloydM.Clive,Materials Management,Pearson, 2012.
2. P.Gopalakrishnan,PurchasingandMaterials Management, TataMcGrawHill,2012
REFERENCES
1. A.K. Chitale and R.C. Gupta, Materials Management, Text and Cases, PHI Learning,2ndEdition,2006
2. A.K. Datla, Materials Management, Procedure, Textand Cases, PHI Learning,2ndEdition, 2006
3. Ajay K Garg, Production and Operations Management, Tata McGraw Hill , 2012
4. Ronald H. Ballou and Samir K. Srivastava, Business Logistics and Supply Chain Management, Pearson education, Fifth Edition
5. S.N. Chary, Production and Operations Management, Tata McGrawHill,2012