Material Management

Material Management, as a core Supply Chain function, focuses primarily on the assured supply of material, maintaining optimum quantity of inventory and ensuring the least deviation between the desired outcome and the actual outcome. It refers to the process of planning, sourcing, purchasing and coordinating the movement of materials as well as their proper storage and directing and controlling the flow of these materials in an optimum manner to fulfill a predetermined outcome at minimum cost.

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These Colleges are providing Material Management

Learning Outcomes

Material Management programs provide an in-depth understanding of the objectives of material planning, handling as well as forecasting and the importance of ISO (International Standards Organization) guidelines. Learners are acquainted with the principles, techniques and the tools of quality management and acquire knowledge about vendor evaluation process, value analysis framework and the implementation of material management in ERP and SAP. Students of Material Management programs gain managerial competencies along with business communication and negotiation skills, which give them a competitive edge for succeeding in their careers.

Subjects

A combination of the following topics is taught in Material Management programs-

Economy & Policy International Business Principles of Management Management Information System
E-commerce Business Communication Accounting for Managers Marketing Management
Consumer Behaviour Research Methodology Human Resource Management Legal and Business Environment
Management Decision Managerial Economics Inventory Management Total Quality Management
Transport Management Strategic Management Business Analytics Financial Management
Project Management Production, Planning & Control Packing Distribution Management Quantitative Techniques for Management
Materials Management Warehouse Management Shipping & Transport Logistics

Programs in Material Management are apt for fresh graduates or working professionals who either aspire to have successful and lucrative careers in the field of Material Management or are looking to boost their career growth in this realm by gaining relevant knowledge and essential skills.

Programs in Material Management open employment avenues for the following profiles-

  • Purchase Manager
  • Procurement Manager
  • Inventory Manager
  • Inventory Analyst
  • Quality Manager
  • Supply Chain Manager
  • Materials Analyst
  • Materials Manager
  • Strategic Planner
  • Strategic Sourcing Manager
  • Sourcing Manager
  • Commodity Manager
  • Warehousing Manager
  • Production Planning Manager