Materials Management & Planning

Course Info

Date: Dec-02-2024

Length: 1 Week

City: London

Fees: 4,350

Type: In Classroom

Available Dates

  • Dec-02-2024

    London

Dates in Other Venues

  • Nov-25-2024

    Paris

  • Nov-25-2024

    Singapore

  • Dec-02-2024

    Amsterdam

  • Dec-09-2024

    Barcelona

  • Dec-09-2024

    Dubai

  • Dec-16-2024

    Kuala Lumpur

  • Dec-16-2024

    Istanbul

  • Dec-23-2024

    Singapore

  • Dec-30-2024

    Paris

  • Jan-13-2025

    Kuala Lumpur

  • Jan-13-2025

    Istanbul

  • Feb-10-2025

    Istanbul

  • Feb-10-2025

    Kuala Lumpur

  • Mar-10-2025

    Istanbul

  • Mar-10-2025

    Kuala Lumpur

  • Apr-14-2025

    Istanbul

  • Apr-14-2025

    Kuala Lumpur

  • May-12-2025

    Istanbul

  • May-12-2025

    Kuala Lumpur

  • June-09-2025

    Kuala Lumpur

  • June-09-2025

    Istanbul

  • July-14-2025

    Istanbul

  • July-14-2025

    Kuala Lumpur

  • Aug-11-2025

    Kuala Lumpur

  • Aug-11-2025

    Istanbul

  • Sep-08-2025

    Istanbul

  • Sep-08-2025

    Kuala Lumpur

  • Oct-13-2025

    Istanbul

  • Oct-13-2025

    Kuala Lumpur

  • Nov-10-2025

    Istanbul

  • Nov-10-2025

    Kuala Lumpur

  • Dec-08-2025

    Istanbul

  • Dec-08-2025

    Kuala Lumpur

Course Details

Course Outline

5 days course

Introduction to Materials Management

  • Introducing materials management and its key concepts
  • Understanding the operating environment of operations management
  • Determining the role of materials managers within the organization
  • Grasping supply chain concepts and metrics
  • Discussing the process of manufacturing resource planning
  • Exploring production planning systems
  • Case studies of materials management in actions

Elements of Materials Management

  • Understanding the function of bills of materials and its structure
  • Exploring materials requirement planning (MRP) techniques
  • Recognizing the steps of developing a master production schedule
  • Understanding how to manage capacity:

  •          Capacity planning
  •          Capacity available
  •          Capacity required

  • Understanding the process of capacity requirement planning and its role in load management
  • Discussing the overall process of developing materials plan
  • Case studies on materials management elements

Handling Challenges in Materials Management

  • Exploring techniques for scheduling and preparing production orders
  • Understanding load levelling and how to build load profile
  • Grasping the meaning of scheduling bottlenecks and the principles of bottlenecks
  • Understanding the theory of Constraints and Drum-Buffer-Rope
  • Discussing how to implement and control work orders
  • Exploring how to generate production reports and its elements
  • Case study that addresses challenges in materials management

 

Integrating Materials Management with other Supply Chain Functions

  • Understanding the integration between materials management and purchasing/ procurement department
  • Discussing the process and requirements for establishing specifications for materials
  • Exploring how to select the right suppliers that align with materials planning
  • Determining the impact of material requirement planning on purchasing
  • Discussing the characteristics of demand, and how to forecast and manage it
  • Exploring different models and methods for forecasting demand
  • Case study on integrated materials management

 

 

Materials Management Metrics & Controls

  • Understanding aggregate inventory management and its elements
  • Understanding what is economic-order quantity (EOQ) and its formula
  • Understanding what is periodic-order quantity (POQ) and its formula
  • Discussing how to determine safety stock
  • Recognizing how materials management can support just-in-time (JIT) and Lean production
  • Determining the importance of implementing quality control in materials planning system
  • Case study about materials control and metrics