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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