Procurement, Contracts & Supply Chain

Materials Management Planning Course: Optimize Supply Chain

Master materials management planning to streamline operations, reduce costs, and improve efficiency in this comprehensive 5-day course for supply chain professionals

Duration
5 Days
Credits
5 per day
Mode
Full-time
Provider
Blackbird Training Centre

Course Overview

Course Description

This intensive 5-day course provides a comprehensive overview of materials management planning, focusing on optimizing supply chain operations. Participants will learn key concepts and strategies for effective inventory control, demand forecasting, and materials flow management. The course combines theoretical knowledge with practical applications to enhance decision-making skills in materials management.

Learning Objectives

  • Understand the principles and importance of materials management in supply chain operations
  • Develop skills in inventory control, demand forecasting, and materials requirement planning
  • Learn strategies for optimizing warehouse operations and logistics
  • Gain insights into sustainable materials management practices
  • Enhance decision-making abilities for effective materials management

Course Modules

Day 1: Introduction to Materials Management

  • Overview of materials management concepts
  • Role of materials management in supply chain
  • Materials management systems and technologies
  • Key performance indicators in materials management

Day 2: Inventory Control and Management

  • Inventory classification and ABC analysis
  • Inventory costing methods
  • Economic Order Quantity (EOQ) model
  • Just-In-Time (JIT) and lean inventory management

Day 3: Demand Forecasting and Planning

  • Demand forecasting techniques
  • Sales and Operations Planning (S&OP)
  • Materials Requirements Planning (MRP)
  • Capacity planning and management

Day 4: Warehouse Management and Logistics

  • Warehouse layout and design principles
  • Storage systems and material handling equipment
  • Order picking and packing strategies
  • Transportation management in materials flow

Day 5: Sustainable Materials Management

  • Green supply chain management
  • Reverse logistics and returns management
  • Waste reduction and recycling strategies
  • Technology applications in sustainable materials management

Practical Wins for Participants

  • Develop a comprehensive materials management strategy for your organization
  • Implement effective inventory control techniques to reduce costs
  • Create accurate demand forecasts to improve planning and reduce stockouts
  • Design an optimized warehouse layout to enhance operational efficiency
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