Materials & Purchase Management

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Dr. Geo Jos Fernandez
Business Administartion, MBA
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  • 10 week duration
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Module 1

Introduction to Materials Management, Concept significance and strategic role of Integrated Materials Management. Materials planning and forecasting, Material Handling: Material Planning – Factors affecting Material planning – Techniques of material planning Materials Requirement Planning (MRP).

Module 2

Inventories – Definition-Classification of Inventories- Need for inventories, Inventory Planning and Control Models –EOQ Model, Quantity Discounts, Reorder point – Lead Time Analysis – Safety stocks – Q System – P System – S System. Classification, Codification, Universal product Code, RF Id System, ABC analysis –VED, GOLF, FSN, HML.

Module 3

Purchasing Fundamentals , Make or Buy, Source Selection , Vendor Rating and Vendor Development , Value Analysis, Purchase Negotiations, Purchase Timing Purchase Contracts, Purchase Insurance , Purchasing Capital Goods, Seasonal Goods, Imported Goods. Deferred Payment Schemes – Lending Institutions Leasing Trends.

Module 4

Stores Management Concepts, Location and layout of Warehouses – Different typical models, Stores Procedures and Records for Receipt, Inspection, Issue, Reorder checking. Materials handling Equipments Cranes, Tower cranes, Lifting equipment, Series lifting equipment, Lifting platforms, Continuous mechanical handling equipment, Monorail conveyors, Belt, chain and overhead conveyors, Industrial trucks

Module 5

Stores audit. Management of dead stocks, surplus stocks and scraps, Systems & Procedures for disposal and Control.


Recommended Books:


  1. Gopalakrishnan P &Sundarasan M, Materials Management: An Integrated Approach, Prentice Hall of India
  2. Datta A.K, Materials Management Text and Cases, Prentice Hall.
  3. R.Tony Arnold & Stephen N. Chapman, Introduction to Material Management, Pearson Education
  4. Gopalakrishnan P, Handbook of Materials Management, Prentice Hall.
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Dr. Geo Jos Fernandez
Dr. Geo Jos Fernandez is the Dean of Management Studies and International Affairs of St. Albert’s College (Autonomous), Ernakulam since June 2017. A recipient of the “National Education Leadership Award” during the 26th Dewang Mehta National Education Awards 2018, Dr. Geo is a seasoned researcher and an academician with a Doctorate in management and an MBA. He has experience in both qualitative and quantitative research and consulting and is an acclaimed academician in both industry and academic institutions. He has supervised and produced 3 Ph.D.s under him and has authored books in the area of Management. He has presented numerous papers at various international conferences, published more than 20 of his works in international journals of repute and has conducted workshops and delivered lectures for curious minds in various institutions and corporates such as ONGC, OIL, Total, HPCL, IOCL etc. across India as well as abroad.

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