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Old 25th October 2016, 12:00 PM
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Default MBA 525 Syllabus

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Old 3rd April 2018, 09:20 AM
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Default Re: MBA 525 Syllabus

I am pursuing MBA Program from LPU University. I have selected Operation Management Specialization. I need syllabus of DMGT525 MATERIALS MANAGEMENT Subject. So tell me what should I do to download syllabus of DMGT525 MATERIALS MANAGEMENT Subject of MBA Operation Management Program of LPU University?
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Old 3rd April 2018, 09:21 AM
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Default Re: MBA 525 Syllabus

As you are looking for syllabus of DMGT525 MATERIALS MANAGEMENT Subject of MBA Operation Management Program offering by LPU University, so here is complete syllabus:

DMGT525 MATERIALS MANAGEMENT
1. Introduction: Meaning and Scope, Objectives and Significance of Materials Management;
Material Management other Areas of Management Functions

2. ABC Analysis: Meaning, Advantages, Objective, Purpose and Limitations. Simple Numerical of ABC Analysis .

3. Codification and Standardization: Basis of Codification, Characteristics of Good Coding System, Types of Coding, Standardization and its Benefits.

4. Purchasing Management Objectives and Functions of Purchasing Department; Purchase Policy and Procedure; Negotiations; Purchase of high Capital Equipment and there Feasibilities. Supply Chain Management. Implementation of Supply Chain Principles within a Company

5. Suppliers Selection, Vendor Rating and Vendor Rating Techniques, Vendors Development and Vendors Relationship.

6. Inventory Management - Different Costs of Inventory, Optimal Order Quantity, EOQ, Inventory Models with Purchase Discounts, Buffer Stocks, Fixed Order Period Model, Safety Stocks, Optimum level of Safety Stock, Inventory Control, Elements of Effective Inventory Control, Advantages, Procedure for setting up an Efficient Inventory Control System; V.E.D. Analysis, S.D.E. Classification; F.S.N. Analysis; X.Y.Z. Analysis, Logistics Management and its link with Inventory Control and other Areas

7. Value Analysis, Purchasing Research, Price Forecasting, Forward Buying, Make or Buy Decision

8. Stores Management: Purpose of Store Management, Location and Layout , Cost Aspects and
Productivity . Problems and Developments .New Developments in Storing.

9. Evaluation of Materials Management: Organization, Difficulties, Process and Criteria , Reporting and Purchasing .

10. Computers in Material Management :Electronic Computer ,Integrated Computer System for
Materials Management , Material Planning,

READINGS: SELF LEARNING MATERIAL

ADDITIONAL READINGS:
1. P.Gopalakrishanan ,M.Sundaresan
2. J R Tony Arnold,Stephen,RV Ramakrishnan, 2007, Introduction to Materials Management, 5th Edition, Pearson
3. Shridhar Bhat. K, Production and Materials Management, Himalaya Publishing House
4. Chary S.N., Production and Operations Management, Tata McGraw Hill
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