+91 8600986267
+91 8600986267
info@sitmi.in

Certified Expert in Materials & Inventory Management

Enhancing Professional Practices

4.6/5

Course Syllabus and details

Key topics Covered:
  • Introduction to Materials Management
    • Historical Background
    • Goals of Materials Management
    • Integrated Materials Management
  • Production planning & control
    • Types of Planning
    • Static Vs Dynamic Planning
  • Master Production schedule
    • How MPS works
    • MPS Issues
    • Available to promise (ATP)
    • Time Fences
    • Bill of Material (BOM)
  • Sales & Operations Planning
    • Things to remember
    • SIOP – Sales, Inventory & Operations Planning.
  • Materials Requirement Planning
    • History
    • Scope of MRP in manufacturing
    • MRP Inputs
    • MRP Processing
    • Benefits and drawbacks of MRP
    • MRP II
  • Capacity planning
    • Capacity Management
    • Capacity requirement planning
    • Capacity strategy
    • Capacity Utilization
    • Strategic capacity Planning
    • Capacity Planning classification
    • Forecasting Vs Capacity Planning
  • Purchasing
    • Purchasing Vs. Procurement
    • Direct and indirect procurement
    • Purchasing cycle
    • Request for Information (RFI)
    • Request for Proposal (RFP)
    • Request for quotation (RFQ)
    • Purchase Order
  • Forecasting
    • Importance of Forecasting
    • Ideas to remember
    • Forecasting methods
    • Forecasting accuracy
  • Inventory Management
    • Inventory and Inventory Management
    • Inventory Planning
    • Inventory control
    • Inventory Balancing
    • Min Max Inventory
    • Inventory turnover and days of sales
    • Inventory costs
    • Economic Order Quantity (EOQ)
    • Kanban
      • Three Bin System
      • Electronic Kanban
    • Inventory analysis- selective inventory control techniques
      • ABC
      • XYZ
      • FSN
      • VED
      • SOS
      • GOLF
      • HML
      • SDE
    • Cycle counting
    • Excess and obsolete
    • JIT Manufacturing
    • Vendor Managed Inventory (VMI)
    • Customer Managed Inventory (CMI)
  • Warehousing
    • Need for warehousing
    • Warehousing functions, benefits and types
    • Importance of Warehousing In the Development of Trade and Commerce
    • Types of warehouses
      • Private Warehouses
      • Public Warehouses
      • Government Warehouses
      • Bonded Warehouses
      • Co-operative Warehouses
      • Automated Warehouses
      • Climate controlled Warehouses
      • Distribution centers
    • Key Terminologies
    • Sample Questions
    • Supply Chain Management Dictionary with ~300 concepts and definitions
    • Presentation slides on various Materials & Inventory Management topics.

Video Lecture topics:
  • Evolution of Supply Chain Management
  • Fundamentals of Supply Chain Management
  • Quick Understanding of Supply chain with Example
  • Understanding Supply Chain
  • Supply Chain Performance
  • Designing Distribution Networks
  • Network Design – Facility Location & Capacity Allocation
  • Overview of Materials Management, Challenges & Objectives
  • Materials Requirement Planning (MRP) & Manufacturing Resource Planning (MRP II)
  • Sourcing Decisions in Supply Chain Management
  • Introduction to Sales & Operations Planning (S&OP) Process
  • Brief on Sales & Operations Planning (S&OP) Process
  • Logistics, Transportation, Warehousing, Packaging
  • Brief overview of Operations Management
  • Introduction to Operations Management
  • Planning Strategies in Manufacturing Environment (MTO, MTS, ATO, ETO)
  • Introduction to Capacity Planning
  • Warehouse Management
  • Warehousing Processes
  • Co-Ordination in Supply Chain
  • KPI of Materials Planning & Procurement
  • KPI of Demand Planning
  • KPI of Inventory Management
  • KPI of Distribution Management

Course outline and registration details​

What you’ll learn-

About Course – This Course will outline brief on materials and inventory management concepts like Production planning, Master Production Scheduling, Sales and operations planning, Material Requirement planning/MRP, Capacity Planning, Purchasing, Forecasting, Inventory Fundamentals and control techniques, warehousing.

Target Audience – Employees working with any of Supply Chain function or college going students willing to make their career in Supply Chain/Materials/Logistics areas.

Examination Date deadline – Within 45 days from admission date

Examination – Online mode, from any location with good internet access

Examination duration – 1 hour

Exam Attempt – Single

Total Questions – 60

Passing Criteria- 50% & above

Certificate & Performance Report – Hard Copy of certificate & performance report with SITMI stamp, authorized signature, unique number of certification & both documents will laminated with high quality process – It will be dispatched at candidates postal address within 7 business days from exam qualified date.

Course Fees – INR 2499/-

For any queries related to course, please write us at info@sitmi.in

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