DBA 7008 Materials management
UNIT I INTRODUCTION - Operating environment-aggregate planning-role, need, strategies,
costs techniques, approaches-master scheduling-manufacturing planning and control
system-manufacturing 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 EBQ models 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
UNIT V WAREHOUSE MANAGEMENT - Stores management-stores systems and
procedures-incoming materials 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