Course Overview

What is the role of material management?

Material management is a process to organize, methodically arrange, and monitor processes connected to the flow of materials. This process plays a vital role in maintaining smooth operations and supply chain management.

What are the types of material management?

Materials management involves the acquisition of raw materials, quantity, quality, and the support of smaller products. The raw material accounts for most of the final product and overall manufacturing cost. This process is the most significant part of the finished product; thus, it should be treated with extreme caution. Material costs have a considerable impact on both the rate of production and the amount of profit that a business generates. Materials management is in charge of formulating policies for material acquisition, taking into account factors such as quality, quantity, and cost.

This Zoe course is the most acceptable professional development program on port management in today’s global economy. Material management is one of the branches of logistics that handles the physical components of the supply chain. Materials management is the study of raw material management, optimal manufacturing, and product delivery to the customer. This Zoe training course will empower individuals capable of handling managerial and administrative roles in the shipping and allied industries.

Course Objectives

The foremost objective of this training course is to empower professionals with:

•  Understanding of the latest recent advancements, information, and techniques in the shipping and port sectors’ logistics and supply networks
•  The strategic significance of materials management in building and strengthening a company’s competitive advantages
•  Understanding of the interdependence of the Materials Management function with the other key functional areas of a firm
• The necessary self-assurance and expertise to instruct others in production management and material needs planning
• The required understanding and information to buy operations, standardization and quality control, value analysis, and engineering
• Enhanced skills to determine the link between the buying and materials management functions
• Improved analytical skills about the legal implications of purchasing as well as the logistics of warehousing

• Application of analytical abilities and problem-solving approaches to solving material management challenges

• The awareness and understanding of the mathematical ideas that underpin inventory control and linear programming in a clear and concise manner

• The mathematical ideas that underpin inventory control and linear programming in a clear and concise manner

Training Methodology

Training courses at Zoe Talent Solutions are designed to be customized based on the academic and professional backgrounds of each batch’s training audience. This course entails a comprehensive examination of the training content before each training session:

• Classes reinforce lecture content through practicals, case studies, and interaction with industry   speakers
• Time outside class sessions consists of watching lectures, reading material, completing exercises to prepare for class, and completing individual and group assignments

Like all our acclaimed courses, this material management certification follows the ‘Do-Review-Learn-Apply’ methodology.

Organisational Benefits

By professionals enrolling for this material management course, organizations will derive the following benefits:

• Improved knowledge management and insight into the execution of materials management
• A thorough understanding of analytical skills to assess material requirements and plan accordingly
• Trained and experienced professionals overseeing material management
• Audits and reviews of existing processes and systems conducted regularly, resulting in continual improvement in operations
• In-depth awareness and information about material management for continuous improvement in procedures
• Better understanding to review the current status of the materials management department
• Improved experience and skills to influence the growth and development of the organization through enhanced customer experience and procedures.
• Yield improved outcomes by applying an effective strategy
• The enhanced knowledge, skills, and instruments to strengthen material management and project work in both the long term and short term
• Improved employees’ skills and morale by increasing their knowledge, confidence, and capacity

Personal Benefits

Professionals enrolling in this Material Management course will derive the following benefits:

• A clear understanding of how to put the best practices into action
• Benefited from the knowledge and expertise of other delegates as well as the trainer
• Enhanced competence and expertise to train other professionals on quality standards in material requirements planning
• Improved skill set and capacities for taking on and effectively completing higher-level tasks and responsibilities in material requirements planning
• Improved foresight and attention to detail in auditing operations to ensure compliance and efficiency
• Demonstrate a thorough understanding of materials management principles
• Increase of the knowledge and abilities to gain more self-confidence as well as better job opportunities
• Self-improvement can help advance more job prospects

Who Should Attend?

• Production managers and supervisors accountable for overseeing material management of an organization
• Executives who are responsible for material forecasting and planning to ensure that raw materials are readily available for manufacturing
• Senior members and top management of an organization are accountable for making crucial raw material planning and production management decisions.
• Internal and external auditors in charge of ensuring compliance with industry standards
• Financial advisers need to know about client demand forecasts and the organization’s potential costs.
• Individuals who are seeking to learn material management planning

Course Outline

Module 1 – Material & Purchase Management

• Material management purview
• Objectives & importance of material management
• Materials management systematic methodology
• Forecasting and material organization
• Materials planning

Module 2 – Material Management Role

• Scope & materials definition
• Supply chain management
• Integrated materials management
• Just in Time (JIT)
• Kanban systems

Module 3 – Standards & Quality Assurance of Materials Management 

• Failure testing
• Statistical control
• Quality assurance overview
• Quality assurance vs. quality control
• Total quality control & Standards

Module 4 – Materials Management Procurement

• Purchasing and quality assurance
• Types of quality assurance & control
• Value investigation & engineering process
• Purchasing in the materials management system
• Activities related to purchase & materials management

Module 5 – Quality Control Practises 

• Statistical quality control
• Received material quality control
• Governmental purchasing practices
• Forecasting, assessment, and replacement
• International buying and import purchasing
• Equipment | Purchasing, plant & machinery

Module 6 – Inventory Management System and Logistics – I 

• Inventory management and control systems
• Stores management objectives, types, and classification
• Foremost processes of a store
• Materials accounting
• The flow of costs & inventory valuation

Module 7 – Inventory Management System and Logistics –II 

• Physical verification
• Safety and materials audit
• Transpiration and its types
• Physical distribution management
• Freight claims materials management and storage systems

Module 8 – Information System

• Components of information system
• Computer-based information system
• Operations research and significance
• Materials Management Information System
• Operation research techniques & Characteristics

Module 9 – Materials Management & Other Operational Areas

• The material flow economic & process
• Material & spare parts management
• Disposal of surplus, obsolete scrap, or processed waste
• Materials management role in productivity
• Cost-effectiveness and performance evaluation