Materials And Logistic Management (Dept. Elec. – III) (183405)  


Sr. Topics Teaching Hours Module Weightage
Materials Management
Introduction to Material Management functions, scope, objectives, tools and techniques. Make or buy decision, Material Requirement Planning (MRP1).
Value analysis: Value analysis / Value analysis engineering, concepts, advantages, applications, problem recognition, role of creativity, analysis of functions, use, esteem and exchange values elimination of unnecessary costs, value engineering techniques.
Purchase Management
Objectives, functions, purchase cycle, documents in purchasing, purchasing with 5 R’S (Quality, Quantity, Time, Supplier, Price), vendor rating and vendor development.
Import and Import Substitution: Factors affecting National and International markets, Import procedure and documents (Bill of lading, letter of credit etc.)
Stores Management
Functions of stores, types of stores, stores identification, receipt-issue, recording system, stock taking system.
Waste Management: Importance of waste management and techniques - Waste management system, Disposal of surplus and obsolete items - Mechanical and thermal disposal system.
Logistic Management
Operating Responsibility, Logistical performance Cycle, Work of Logistics, Functional areas of logistics.
Warehouse Management: Nature and importance of warehousing, warehouse location, warehousing operations and Facility development. Economic and service benefits of warehouse.
Transportation Management: Transport planning parameters, Basic Economics & pricing factors affecting transportation cost.
Supply Chain Management
Introduction, Types of supply chain, Components, Drivers, Role of supply chain in manufacturing, Supply chain performance and its measurement, Planning, Demand and supply in supply chain, Risk in supply chain and managing the risk, Coordination in supply chain
Inventory Control of Finished Goods
Economic Manufacturing Quantity (EMQ), Fixed Order Quantity and Fixed Order Interval System, Probabilistic models, Safety stocks, service levels, inventory control of finished goods, single order inventory policies. Inventory models under risk and under uncertainty.