course | Materials Management

Foundations of Materials Management

Module 1: Understanding Materials Management

• Role and scope of materials management
• Materials management vs. inventory control
• Impact on cost, service, and operations

Module 2: Materials Lifecycle Perspective

• Planning, sourcing, storage, use, and disposal
• Cross-functional coordination
• Common materials management failures

Materials Planning and Control

Module 3: Materials Planning Principles

• Demand-driven vs. consumption-based planning
• Safety stock concepts
• Balancing availability and cost

Module 4: Materials Control Mechanisms

• Reorder points and control methods
• Managing critical and non-critical materials
• Preventing shortages and overstock

Inventory Management and Optimization

Module 5: Inventory Classification and Prioritization

• ABC and criticality concepts
• Differentiated control strategies
• Focus on high-impact materials

Module 6: Inventory Optimization Approaches

• Reducing slow-moving and obsolete items
• Improving turnover and utilization
• Coordination with maintenance and operations

Coordination, Performance, and Risk

Module 7: Coordinating Materials Across Functions

• Alignment with procurement, warehousing, and users
• Managing information flow
• Preventing duplication and miscommunication

Module 8: Materials Performance and Risk Management

• Material-related risks
• Monitoring service levels and availability
• Managing disruptions and contingencies

Governance and Continuous Improvement

Module 9: Materials Management Policies and Controls

• Roles, responsibilities, and authority
• Documentation and procedures
• Compliance and accountability

Module 10: Continuous Improvement in Materials Management

• Identifying improvement opportunities
• Measuring success and performance indicators
• Building sustainable materials practices