MF4004 Materials Management Syllabus:

MF4004 Materials Management Syllabus – Anna University PG Syllabus Regulation 2021

OBJECTIVES:

To introduce the students
(1) the various concepts of materials management
(2) familiarize them with vendor development and rating
(3) the various aspects of Logistics and storage
(4) Planning and Forecasting of the need
(5) Various aspects of Inventory management

UNIT I INTRODUCTION

Introduction to materials management – Objectives – Functions – Operating Cycle – Value analysis – Make or buy decisions.

UNIT II MANAGEMENT OF PURCHASE

Purchasing policies and procedures – Selection of sources of supply – Vendor development – Vendor evaluation and rating – Methods of purchasing – Imports – Buyer – Seller relationship – Negotiations.

UNIT III MANAGEMENT OF STORES AND LOGISTICS

Stores function – Location – Layout – Stock taking – Materials handling – Transportation – Insurance – Codification – Inventory pricing – stores management – safety – warehousing – Distribution linear programming – Traveling Salesman problems – Network analysis – Logistics Management.

UNIT IV MATERIALS PLANNING

Forecasting – Materials requirements planning – Quantity – Periodic – Deterministic models – Finite production.

UNIT V INVENTORY MANAGEMENT

ABC analysis – Aggregate planning – Lot size under constraints – Just in Time (JIT) system.

OUTCOMES:

At the end of this course the students are
(1) Familiarized with the various concepts and functions of material management
(2) Able to handle the purchase and stores Independently
(3) Understand Logistics and inventory pricing
(4) Materials planning and periodic replenishment of material
(5) Just in time techniques and inventory management

REFERENCES

1. Dr. R. Kesavan, C.Elanchezian and T.SundarSelwyn, Engineering Management – Eswar Press – 2005.
2. Dr.R. Kesavan, C.Elanchezian and B.Vijaya Ramnath, Production Planning and Control, Anuratha Publications, Chennai, 2008.
3. G. Reghuram, N. Rangaraj, Logistics and supply chain management – cases and concepts, Macmillan India Ltd., 2006.
4. Gopalakrishnan.P, Handbook of Materials Management, Prentice Hall of India, 2005.
5. Guptha P.K. and Heera, Operations Research, Suttan Chand & Sons, 2007.
6. Lamer Lee and Donald W.Dobler, Purchasing and Material Management, Text and cases, Tata McGraw Hill, 2006.