Material Management Certification Course

Why Select this Training Course?

Materials management is a crucial part of supply chain management that involves orchestrating and implementing material demands in supply chains to meet an organisation’s or corporation’s material needs. Demand, pricing, availability, quality, and delivery dates are just a few of the factors that must be considered while managing and regulating the material flow. Material managers establish inventory levels for each type of item, calculate the quantity of material needed and kept in stock, and schedule the replenishment of these stocks. As part of materials management, materials quality is evaluated to ensure that it satisfies customer needs while adhering to a production schedule and paying the least amount of money.

This Rcademy Material Management Certification Course is to equip participants with a comprehensive comprehension of the information, skills, and competency necessary for effectively planning and managing inventory in the workplace. This training programme offers thorough instruction and a recognised certification, enabling you to proficiently manage duties related to participants’ area without assistance. In this course, ensure that participants possess the necessary expertise to provide comprehensive solutions for optimising warehouse management and streamlining inventory operations.

What is the role of a material manager?

Materials managers are responsible for supervising a company’s inventory and procurement activities. They work in collaboration with engineers and designers to ascertain the necessary materials for the successful execution of manufacturing or building projects, adhering to specified requirements. They do research to identify suitable vendors for these supplies and subsequently place orders.

Is material management the same as logistics management?

Logistics management is a huge part of supply chain management that specifically concentrates on managing the movement of goods and services to meet client demands. The primary goal is to meet the demands for order fulfilment, delivery, quality, and cost. On the other hand, material management is a form of management that primarily focuses on overseeing supply chain activities, namely those linked to materials and inventory requirements. The process of material management involves strategic planning, systematic organisation, and effective control of operations related to the movement of materials inside an organisation or firm.

Who Should Attend?

This Rcademy Material Management Certification Course is designed for specialists who possess advanced knowledge and expertise in the fields of sales and manufacturing, such as:

• Production managers and supervisors accountable for an organisation’s material management.
• Executives in charge of material forecasting and planning to guarantee raw materials are readily available for manufacturing. Internal and external auditors charged with monitoring compliance with industry standards.
• Financial advisers in charge of client demand estimates as well as the organisation’s prospective expenditures.
• Senior executives and senior management officials responsible for making critical raw material planning and production management choices.
• Individuals who seek to understand planning in material management.

What are the Course Objectives?

The objectives of this Rcademy Material Management Certification Course are to equip professionals with the knowledge and abilities to:

• Define the mathematical concepts behind inventory control and linear programming with excellent clarity.
• Discuss store and buy operational aspects, standardisation and quality control, as well as value analysis and engineering.
• Determine the connection between the material management and purchasing function.
• Investigate the legal elements of warehousing, purchasing, and logistics handling.
• Understand the materials management organisation’s purpose and goals, as well as its impact on profitability and the bottom line.
• Acquire skills to influence the organisation’s growth and development through better customer service and procedures.

How will this Course be Presented?

This Rcademy Material Management Certification Course is designed to meet the requirements of its participants, ensuring that it is simple and understandable. Additionally, It also makes learning new things easier for them and helps them develop their skills. The training session will utilise a variety of methods and approaches to promote active learning among participants.

This course combines classroom instruction with hands-on experience, using lecture notes, topic-specific presentations, and realistic scenarios. To expand their learning experience, participants will be asked to participate in seminars, workshops, tests, and case study analyses. Participants will also be required to offer continuing feedback on their enrolled courses.

What are the Topics Covered in this Course?

Module 1: Introduction to Material Management

• Definition and importance of material management
• Key objectives of material management
• Functions and scope of material management
• Roles and responsibilities of a material manager
• Overview of the material management process

Module 2: Inventory Management

• Types of inventory
• Raw materials
• Work-in-progress
• Finished goods
• Inventory control techniques
• Inventory valuation methods
• Dropshipping
• Just-in-Time (JIT) inventory system
• Inventory auditing and cycle counting
• Perpetual inventory management
• ABC analysis
• Batch tracking
• Reorder point
• Cross-docking
• Consignment inventory
• Safety stock
• Bulk shipping
• Demand forecasting
• Par levels
• LIFO & FIFO
• MOQ – Minimum Order Quantity
• EOQ – Economic Order Quantity
• Inventory management software

Module 3: Procurement Management

• Procurement process and cycle
• Supplier selection and evaluation
• Contract negotiation and management
• Purchase orders and requisition management
• Ethical considerations in procurement

Module 4: Warehouse and Storage Management

• Types of warehouses and storage facilities
• warehouse layout and design
• Storage techniques and equipment
• Warehouse safety and security
• Technology in warehouse management (WMS)

Module 5: Logistics and Transportation

• Modes of transportation (Road, Rail, Air, Sea)
• Transportation management systems (TMS)
• Freight and shipping cost management
• Route planning and optimisation
• Legal and regulatory compliance in transportation

Module 6: Demand Planning and Forecasting

• Importance of demand planning in material management
• Demand forecasting techniques (qualitative and quantitative)
• Sales and operations planning (S&OP)
• Forecast accuracy and error measurement
• Collaborative planning, forecasting, and replenishment (CPFR)

Module 7: Material Requirement Planning (MRP)

• MRP concepts and objectives
• MRP Inputs and Outputs
• Bill of materials and master production schedule (MPS)
• Capacity requirements planning (CRP)
• MRP II (Manufacturing Resource Planning)

Module 8: Quality Management in Material Management

• Quality control vs. quality assurance
• Total quality management (TQM)
• Six sigma and lean manufacturing principles
• Quality audits and inspections
• Supplier quality management

Module 9: Sustainable and Ethical Material Management

• Green supply chain management
• Sustainable procurement practices
• Ethical sourcing and fair trade
• Waste reduction and recycling
• Corporate social responsibility (CSR)

Module 10: Technology and Trends in Material Management

• Role of ERP systems in material management
• Use of IoT and radio frequency identification in material tracking
• Big data analytics for material management
• Automation and robotics in warehousing
• Distributed inventory management
• Multiple warehousing
• AI and cloud computing
• Future trends in material management technology