Diploma In Material Management
Subjects
- Introduction to Material Management
- Material Requisition Procedure
- Inventory Management
- Storing Management
- Forecasting of Materials Requirement
- Material Handling Equipment
Details
Description
Course Name: Diploma in Material Management
Course Id: DMM
Eligibility: 10th Grade (High School) or Equivalent.
Objective: The primary goal of this diploma program is to equip students with the necessary skills and knowledge to manage the flow of materials efficiently within an organization. This includes learning about inventory control, procurement strategies, logistics, and material handling techniques.
Duration:ONE YEAR
Syllabus
Introduction to Material Management: Introduction to material management, production planning system, master scheduling, material requirement, Capacity Management, Production Activity Control, Purchasing, Forecasting, inventory fundamentals, order quantities, independent demand ordering system, Physical inventory & warehouse management, Physical distribution, Products & Process, Total quality Management.
Material Requisition Procedure: Introduction to Material Requisition, Process of Material Requisition, Documentation and Record Keeping, Inventory Control and Material Requisition, Handling Emergencies and Expedited Requests, Challenges in Material Requisition, Technology in Material Requisition, Review of Material Requisition in Different Industries, Material Requisition Reports and Analysis, Case Studies & Practical Exercises.
Inventory Management: Meaning and Definition of Inventory, Management of Inventories, Objectives of Inventory Management, Problems faced by Management, Inventory Control, Inventory Control Techniques, and Factory influences the Level of Each Component of Inventory, Measures of Effectiveness of Inventory Management.
Storing Management: Introduction to Stores Management, Functions of Stores Department, Storage Systems and Layouts, Inventory Control in Storage, Safety and Security in Storage, Technology in Storing Management, Managing Storage Operations, Performance Measurement and Improvement in Storage, Case Studies and Practical Applications.
Forecasting of Materials Requirement: Introduction to Forecasting, Fundamentals of Material Requirement Planning (MRP), Material planning & Forecasting Techniques, Quantitative Forecasting Methods, Qualitative Forecasting Methods, Demand Forecasting Models for Material Requirements, Statistical Techniques in Forecasting, Forecasting in Different Industry Contexts, Use of Software Tools in Material Forecasting, Forecasting Accuracy and Performance Measurement, Inventory Control Based on Forecasting, Challenges and Limitations in Forecasting of Material Requirements, Case Studies and Practical Applications, Emerging Trends in Material Forecasting.
Material Handling Equipment: Introduction to material handling, Objective of material handling, principle of material handling, selection of material management, material handling equipment, classification of material, Conveyor equipment, types of belt conveys, types of chain.
Job Opportunities after completion of Diploma in Material Management Course:
Graduates of the Diploma in Material Management program can explore a wide variety of career options in industries that require effective handling, storage, and distribution of materials. This program equips individuals with the skills needed for roles in supply chain management, logistics, and procurement. Some potential career paths include:
- Material Manager
- Supply Chain Manager
- Procurement Manager
- Inventory Control Manager
- Logistics Coordinator
- Warehouse Manager
- Purchasing Officer
- Production Planner
- Stores Manager
- Distribution Manager
- Material Planner
- Inventory Analyst
- Purchase Coordinator
- Logistics and Supply Chain Consultant
- Operations Manager
These roles are available in various industries such as manufacturing, construction, retail, pharmaceuticals, automobile, consumer goods, food and beverages, and e-commerce. Graduates can work in areas like procurement, inventory control, production planning, warehouse management, and logistics.
Key responsibilities in these roles include overseeing the flow of materials, managing inventory levels, ensuring timely delivery of materials to production or sales departments, and implementing cost-effective strategies for material procurement and distribution. Graduates can also take on supply chain roles, managing the end-to-end process of sourcing, storing, and distributing products across global supply chains.
Multinational companies, large manufacturing units, and retail chains often offer ample career opportunities, and graduates can even work as independent consultants to advise businesses on material handling, procurement strategies, and inventory optimization.
The salary range for graduates of the Diploma in Material Management program varies depending on factors like industry, experience, and location. Here’s a general breakdown: