JAWAHARLAL NEHRU TECHNOLOGICAL UNIVERSITY HYDERABAD

Course Objectives:

• 1. To understand integrated material management.
• 2. To acquire knowledge on various inventory management.
• 3. To understand inventory control systems.
• 4. To gain knowledge of various types of store management.
• 5. To acquire knowledge on principles of material handling.

Course Outcomes

After completion of the course the student will be able to

• 1. explain importance of material management and purchasing.
• 2. Identify various Inventory Management.
• 3. Evaluate inventory control systems.
• 4. Explain Stores management.
• 5. Explain the Material handling process in production.

UNIT - I

Introduction to Integrated Materials Management - need, scope, functions, objectives, and Importance of Materials Management, Purchasing function - Objectives and scope of purchasing - purchase budget and materials budget - purchase order cycle - Source selection and development - Negotiations In purchasing - public buying - Just in Time concept.

UNIT - II

Imports - Import trade control, foreign trade (Development and Regulations) Act and Rules -Import Procedures - Importation cycle, Inventory Management- Functions - Associated Coats - Classification – ABC VED - FSN analysis - Basic BOQ model.

UNIT - III

Inventory control systems - Periodic Review - P system and Continuous review systems – Q systems - Lead-time analysis - Reorder point level Calculations, MRP - Introduction - Terminology - Types of demand input to the MRP -Working Principle of MRP - Output of MRP - advantages and disadvantages.

UNIT - IV

Stores Management- Stores function - types of stores - storage procedures- stock Verification and stock accounting - stores records - Disposal of Surplus, scrap, reclamation and salvage of materials.

UNIT - V

MATERIAL HANDLING: layout, selection of equipment, principles of materials handling - Packaging, types of material handling equipment.

REFERENCE BOOKS:

• 1. Purchasing and Materials Management/ P Gopalakrisnan / TMH
• 2. Industrial Engineer in g and Management/ Ravi Shankar / Galgotia Publications / 2003
• 3. Production & Operations Management/ Chase / Mc Graw Hill
• 4. Purchasing and Materials Management/ Lamar Lee & Donald W. Dobler / McGraw Hill
• 5. Materials Management / Chitle A. K / PHI Learning M. TECH. I Year I Sem. (IEM)