Certification in Purchasing and Materials Management
Certification in Purchasing and Materials Management, available at $84.99, has an average rating of 3.92, with 145 lectures, based on 107 reviews, and has 863 subscribers.
You will learn about You will learn the key factors in the purchasing and materials management, importance of purchase materials and its activities. Materials Management. Learn Materials requirement planning and its characteristics. Basic details of JIT and uses of JIT. Quality inspection and its objectives Responsibilities of receiving and stores. Stages of quality inspection. Importance of quality inspection in related to its receiving and incoming materials and parts Acceptance sampling plans, Its different procedures and its basic information related to the sampling plans Vendor process capability and material handling Learn about the standardization, simplification and variety reduction related to the process for creating standardized work, international standard from ISO Learn all the other details related to standardization, simplification and variety reduction. Value analysis and engineering, its detailed techniques, definition and the details under this particular chapter. Appraisal for buying capital equipment, details of make or buy decisions. Learn about the materials logistics and warehousing management: store layout. and its different related information that will be required for you to study. This training will be useful if your job involves price determination and negotiations and how to maintain the profitability level, store operational resource Learn activity based costing and different other analysis. This course is ideal for individuals who are Professionals with purchasing and materials management responsibilities, acceptance sampling plan. Quality inspection and responsibilities related to it. or New professionals who are looking to see them successful in materials handling. or Existing materials management professional who is looking to get more engagement and innovation from their teams and organizations It is particularly useful for Professionals with purchasing and materials management responsibilities, acceptance sampling plan. Quality inspection and responsibilities related to it. or New professionals who are looking to see them successful in materials handling. or Existing materials management professional who is looking to get more engagement and innovation from their teams and organizations.
Enroll now: Certification in Purchasing and Materials Management
Summary
Title: Certification in Purchasing and Materials Management
Price: $84.99
Average Rating: 3.92
Number of Lectures: 145
Number of Published Lectures: 145
Number of Curriculum Items: 145
Number of Published Curriculum Objects: 145
Original Price: $174.99
Quality Status: approved
Status: Live
What You Will Learn
- You will learn the key factors in the purchasing and materials management, importance of purchase materials and its activities. Materials Management.
- Learn Materials requirement planning and its characteristics. Basic details of JIT and uses of JIT.
- Quality inspection and its objectives Responsibilities of receiving and stores. Stages of quality inspection.
- Importance of quality inspection in related to its receiving and incoming materials and parts
- Acceptance sampling plans, Its different procedures and its basic information related to the sampling plans
- Vendor process capability and material handling
- Learn about the standardization, simplification and variety reduction related to the process for creating standardized work, international standard from ISO
- Learn all the other details related to standardization, simplification and variety reduction.
- Value analysis and engineering, its detailed techniques, definition and the details under this particular chapter.
- Appraisal for buying capital equipment, details of make or buy decisions.
- Learn about the materials logistics and warehousing management: store layout. and its different related information that will be required for you to study.
- This training will be useful if your job involves price determination and negotiations and how to maintain the profitability level, store operational resource
- Learn activity based costing and different other analysis.
Who Should Attend
- Professionals with purchasing and materials management responsibilities, acceptance sampling plan. Quality inspection and responsibilities related to it.
- New professionals who are looking to see them successful in materials handling.
- Existing materials management professional who is looking to get more engagement and innovation from their teams and organizations
Target Audiences
- Professionals with purchasing and materials management responsibilities, acceptance sampling plan. Quality inspection and responsibilities related to it.
- New professionals who are looking to see them successful in materials handling.
- Existing materials management professional who is looking to get more engagement and innovation from their teams and organizations
Welcome to the comprehensive online course on Purchasing and Materials Management! In today’s global business environment, effective procurement and materials management are essential for organisations to thrive and remain competitive. This course has been meticulously designed to equip you with the knowledge and skills needed to excel in this critical field.
This comprehensive course provides an in-depth understanding of the principles and strategies involved in purchasing and materials management. From sourcing and procurement to inventory control and supplier management, you will learn the essential skills needed to successfully manage the purchasing and materials function in any organization.
Key Highlights:
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Master the strategic sourcing process
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Optimize inventory levels and control costs
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Develop effective supplier relationship management
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Implement best practices in procurement
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Apply industry-standard techniques in materials management
Learning Objective:
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Learning Outcome 1
Understand the fundamentals of purchasing and materials management, including key concepts, strategies, and principles. -
Learning Outcome 2
Learn how to analyze suppliers, evaluate their capabilities, negotiate contracts, and develop strategic relationships. -
Learning Outcome 3
Gain insights into inventory management techniques, demand forecasting, and JIT (Just-in-Time) inventory systems. -
Learning Outcome 4
Explore cost reduction strategies, value analysis, and total cost of ownership (TCO) concepts to improve purchasing efficiency. -
Learning Outcome 5
Discover the role of technology and information systems in streamlining purchasing and materials management processes.
Description
Take the next step in your career!Whether you’re an up-and-coming professional, an experienced executive, aspiring manager, budding Professional. This course is an opportunity to sharpen your purchasing and materials management capabilities, increase your efficiency for professional growth and make a positive and lasting impact in the business or organization.
Course Format:
This online course consists of a combination of video lectures, reading materials, quizzes, assignments, and discussions. You will have access to a dedicated learning platform where you can interact with instructors and fellow participants. Additionally, real-world case studies and practical exercises will help you apply your knowledge to real-life scenarios.
Who Should Enroll?
· Procurement professionals seeking to enhance their skills and advance their careers
· Supply chain and logistics managers
· Small business owners and entrepreneurs looking to optimize their procurement processes
· Students and recent graduates interested in pursuing a career in procurement and materials management
By the end of this course, you will have the expertise needed to excel in the field of Purchasing and Materials Management, whether you are a seasoned professional or just starting your career. Join us on this educational journey and gain a competitive edge in the dynamic world of procurement. Enroll now and take the first step towards becoming a procurement and materials management expert!
With this course as your guide, you learn how to:
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All the basic functions and skills required for purchasing management skills.
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Transform purchasing and materials management knowledge and how information system can be used for managing retail marketing stores in an efficient way for the current retail business climate.
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Get access to recommended templates and formats for the detail’s information related to retail management.
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Learn useful case studies, understanding the customers, retail strategy, , enhancing decision making related to store site selections and store operations and profitability with useful forms and frameworks
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Invest in yourself today and reap the benefits for years to come
The Frameworks of the Course
Purchasing and materials management will help you to understand and how it should get maintained and managed accordingly to the functions in related to the acceptance of sampling plan. This video will also help to understand the details related to vendor process capabilities and materials handling, Standardisation, simplification and variety reduction, its various challenges related to the value analysis and engineering that will help to understand the appraisal methods for buying capital equipment. Price Determination and the negotiations, objectives of the planning and its related information to the negotiations including processes and its skills for maintaining successful negotiating. Vendor rating, selection and development and its process. Public purchasing and international purchasing. Law of agency and the law of sale of goods.
The course includes multiple Case studies, resources like formats-templates-worksheets-reading materials, quizzes, self-assessment, film study and assignments to nurture and upgrade your Purchasing and materials management in details.
In the first part of the course,you’ll learn the most Purchasing and materials management, Its relation to introduction to purchase and materials management. Materials requirement planning and JIT. Quality Inspection and how it is related to the materials management. Acceptance sampling plan.
In the middle part of the course, you’ll learn how to develop a knowledge of vendor process capabilities and materials handling. Standardisation, simplification and variety reduction. Value analysis and engineering. You will get a knowledge on appraisal methods for buying capital equipment and Material Logistics and warehouse management.
In the final part of the course, you’ll develop the price determination and negotiation vendor rating, selection and development. Public purchasing and tendering & International purchasing. . You will get full support and all your quarries would be answered guaranteed within 48 hours.
Course Content:
Part 1
Introduction and Study Plan
· Introduction and know your Instructor
· Study Plan and Structure of the Course
1. Introduction to Purchasing and Materials Management.
1.1. Introduction
1.2. Purchasing Management
1.3. Important of Purchase Management.
1.4. Purchasing Activities.
1.5. Types of purchase
1.6. Purchasing Cycle
1.7. Characteristics of a Purchasing Manager.
1.8. Materials Management.
1.9. Classification of manufacturing materials.
1.10. Objectives of the materials management Department.
1.11. Relationship between Materials management department and other departments.
1.12. Risks to be considered by Purchase Material Manager.
2. Material Requirements planning and JIT.
2.1. Introduction- Materials Requirement Planning.
2.2. Basic Characteristics of MRP.
2.3. MRP-Inputs
2.4. MRP-Outputs.
2.5. JIT-Introduction
2.6. Pre-requisites of JIT Implementations.
3. Quality Inspection and How it is related to the Materials Management.
3.1. Introduction
3.2. Broad Objectives of the Quality inspection.
3.3. Responsibilities of the Receiving and stores.
3.4. Stages of Quality Inspection.
3.5. Receiving and Incoming Quality Inspection.
3.6. Importance of receiving and Incoming quality inspection.
3.7. Check-Lists for receiving and Incoming Materials and Parts.
3.8. Inspecting a Shipment.
3.9. Inspection of Goods at receiving and in Manufacturing System.
3.10. Methods of Inspection.
4. Acceptance sampling plans.
4.1. Introduction
4.2. Acceptance Sampling- Brief History
4.3. Acceptance Sampling – Definition.
4.4. Acceptance Sampling Procedure.
4.5. Role of Acceptance Sampling.
4.6. Acceptance Sampling plan.
4.7. Types of Acceptance sampling plans.
4.8. Type I and Type II Errors.
4.9. Advantages of Acceptance sampling.
4.10. Disadvantages of Acceptance Sampling.
4.11. The Operating Characteristics (OC) Curve.
5. Vendor process capability and Material Handling
5.1. Introduction to process capability.
5.2. Concept of Process.
5.3. Concept of Process capability.
5.4. Handling the vendor process capability.
5.5. Advantages of Vendor Process capability.
5.6. Introduction to Materials Handling.
5.7. Scope of Materials Handling.
5.8. Material- Handling- Definition.
5.9. Objectives of Materials Handling.
5.10. Material Handling costs.
5.11. Types of Material Handling.
6. Standardisation, Simplification and Variety Reduction.
6.1. Introduction
6.2. Standardisation
6.3. Standardised (Consistent Process) versus Non- Standardised (Inconsistent Process).
6.4. Process for creating Standardised work.
6.5. International Standards from ISO.
6.6. Benefits of Standardisation.
6.7. Limitations of Standardisation
6.8. Standardisation as Winning Strategy.
6.9. Simplification
6.10. Variety Reduction.
7. Value Analysis and Engineering.
7.1. Introduction
7.2. A brief History.
7.3. Meaning of Value.
7.4. Meaning of Value analysis.
7.5. Difference between Value Analysis and Value Engineering.
7.6. Objectives of Value Analysis/Value Engineering.
7.7. Techniques of Value Analysis.
7.8. Value Analysis Process.
7.9. Benefits of Value Analysis/Value Engineering.
8. Appraisal methods for Buying capital equipment.
8.1.Introduction-Make or Buy Decisions.
8.2.Factors affecting Make or Buy Decisions.
8.3.Importance of Make or Buy Decisions.
8.4.Advantages of Make or Buy Strategy.
8.5.Reasons for Make Instead of Buy.
8.6.Risks involved in decisions “to make”
8.7.Reasons for buy instead of make.
9. Materials Logistics and Warehousing Management- Store Layout.
9.1. Introduction
9.2. Meaning of Warehouse Management.
9.3. Warehouse Operations.
9.4. Warehouse Administration and Management of Store Floor.
9.5. Duties and Responsibilities of a store manager.
9.6. Store Maintenance.
9.7. Energy Management.
9.8. Benefits of Warehousing.
9.9. Warehouse Management System.
9.10. Benefits of Warehouse Management System.
Part 2
10. Price Definition and Negotiation
10.1. Introduction.
10.2. Objectives of Pricing.
10.3. Factors influencing Pricing.
10.4. Types of Pricing Strategies.
10.5. Negotiation- Introduction.
10.6. Meaning of Negotiation.
10.7. Examples of Negotiation.
10.8. Types of Negotiations.
10.9. The process of Negotiation.
10.10. Skills for Successful Negotiating.
10.11. Obstacles to Negotiation.
11. Vendor rating, Selection and Development.
11.1. Introduction.
11.2. Vendor/Supplier Evaluation
11.3. Need for measuring Supplier Performance.
11.4. Categories of Suppliers.
11.5. Supplier evaluation and Selection process.
12. Public Purchasing and Tendering, & International Purchasing.
12.1. Introduction.
12.2. The Indian Contract act, 1872
12.3. Law of Agency
12.4. Law of Sale of Goods Act, 1930.
Part 3
13. Assignments
Course Curriculum
Chapter 1: 1. Introduction to Purchasing and Materials Management.
Lecture 1: Unit 1. Introduction to Purchasing and Materials management
Lecture 2: Unit 1.1.Purchasing and materials management (Introduction)
Lecture 3: Unit 1.2. Purchase management
Lecture 4: Unit 1.3. Importance of purchase Management
Lecture 5: Unit 1.4. Purchasing activities
Lecture 6: Unit 1.4. Continuation of Purchasing activities
Lecture 7: Unit 1.5. Types of purchase
Lecture 8: Unit 1.6. Purchasing Cycle
Lecture 9: Unit 1.7. Characteristics of a Purchasing manager
Lecture 10: Unit 1.8. Materials management
Lecture 11: Unit 1.9. Classification of Manufacturing materials
Lecture 12: Unit 1.10. Objectives of materials management department
Lecture 13: Unit 1.10. Continuation of objectives of Materials management department
Lecture 14: Unit 1.11. Relationship between Materials management department and other depart
Lecture 15: Unit 1.11. Continuation of relationship between Materials management department
Lecture 16: Unit 1.12. Risks to be considered by Purchase Materials Manager
Chapter 2: 2. Material Requirements planning and JIT.
Lecture 1: Unit 2. Materials requirements planning and JIT
Lecture 2: Unit 2.1. Materials requirements planning (Introduction)
Lecture 3: Unit 2.2. Basic characteristics of MRP
Lecture 4: Unit 2.3. MRP inputs
Lecture 5: Unit 2.4 MRP Outputs
Lecture 6: Unit 2.5. Just in time – Introduction
Lecture 7: Unit 2.6. Pre-requisites of JIT Implementation
Chapter 3: 3. Quality Inspection and How it is related to the Materials Management.
Lecture 1: Unit 3. Quantity Inspection and how it is related to Materials Management
Lecture 2: Unit 3.1. Quality inspections and how it is related to Materials Management (Int
Lecture 3: Unit 3.2. Broad objectives of quality inspections
Lecture 4: Unit 3.3 Responsibilities of the receiving and the store units.
Lecture 5: Unit 3.3. Continuation of responsibilities of receiving and the store units
Lecture 6: Unit 3.4. Stages of quality inspections
Lecture 7: Unit 3.5. Receiving and incoming quality inspections
Lecture 8: Unit 3.6. importance of receiving and incoming quality inspections
Lecture 9: Unit 3.7. Checklists for receiving and incoming materials part
Lecture 10: Unit 3.8. Inspecting a shipment
Lecture 11: Unit 3.9. Inspection of goods at receiving and in the manufacturing systems
Lecture 12: Unit 3.10 . Methods of inspection
Chapter 4: 4. Acceptance sampling plans
Lecture 1: Unit 4. Acceptance sampling
Lecture 2: Unit 4.1. Acceptance sampling plan (Introduction)
Lecture 3: Unit 4.2. Acceptance sampling -Brief history
Lecture 4: Unit 4.3. Acceptance sampling -Definition
Lecture 5: Unit 4.4. Acceptance sampling procedure
Lecture 6: Unit 4.5. Role of acceptance sampling
Lecture 7: Unit 4.6. Acceptance sampling plan
Lecture 8: Unit 4.7. Types of acceptance sampling plans
Lecture 9: Unit 4.8. Type I and Type Ii norms
Lecture 10: Unit 4.9. Advantages of Acceptance sampling
Lecture 11: Unit 4.10.Disadvantages of Acceptance sampling
Lecture 12: Unit 4.11. The operating Characteristics curve
Lecture 13: Unit 4.11. Continuation of The Operating Characteristics curve
Chapter 5: 5. Vendor process capability and Material Handling
Lecture 1: Unit 5. Acceptance sampling plan
Lecture 2: Unit 5.1. Introduction to Process Capability
Lecture 3: Unit 5.2. Concept of Process
Lecture 4: Unit 5.3. Concept of process capacity
Lecture 5: Unit 5.4. Characteristics of Vendor process capability
Lecture 6: Unit 5.5. Handling the Vendor process capability
Lecture 7: Unit 5.6. Advantages of Vendor process capability
Lecture 8: Unit 5.7. Introduction to materials handling
Lecture 9: Unit 5.8. Scope of materials handling
Lecture 10: Unit 5.9. Material handling
Lecture 11: Unit 5.10 Objectives of materials handling
Lecture 12: Unit 5.11. Materials handling costs
Lecture 13: Unit 5.11. Continuation of materials handling costs
Lecture 14: Unit 5.12.Types of materials handling
Lecture 15: Unit 5.12. Continuation of Types of materials handling
Chapter 6: 6. Standardisation, Simplification and Variety Reduction.
Lecture 1: Unit 6. Standardisation, Simplification and variety reduction
Lecture 2: Unit 6.1. Standardisation, Simplification and variety reduction (Introduction)
Lecture 3: Unit 6.2. Standardisation
Lecture 4: Unit 6.3. Standardised (Consistent ) vs. Non-Standardisation(Inconsistent)
Lecture 5: Unit 6.4. Process for creating Standardised work
Lecture 6: Unit 6.5. International standards from ISO
Lecture 7: Unit 6.6. Benefits of standardisation
Lecture 8: Unit 6.7. Limitations of standardisation
Lecture 9: Unit 6.8. Standardisation as winning strategy
Lecture 10: Unit 6.9. Simplification
Lecture 11: Unit 6.10.Variety Reduction
Chapter 7: 7. Value Analysis and Engineering.
Lecture 1: Unit 7. Value analysis and engineering
Lecture 2: Unit 7.1.Value analysis and engineering (Introduction)
Lecture 3: Unit 7.2. Value analysis and engineering (A brief history)
Lecture 4: Unit 7.3. Meaning of value
Lecture 5: Unit 7.3. Continuation of meaning of values
Lecture 6: Unit 7.4. Meaning of value analysis
Lecture 7: Unit 7.5. Difference between Value Analysis and value Engineering
Lecture 8: Unit 7.6 Objectives of Value analysis or value engineering
Lecture 9: Unit 7.7. Techniques of value analysis
Lecture 10: Unit 7.8. Value analysis process
Lecture 11: Unit 7.9. Benefits of Value analysis or Value Engineering
Chapter 8: 8. Appraisal methods for Buying capital equipment.
Lecture 1: Unit 8. Appraisal methods for buying capital equipment
Lecture 2: Unit 8.1. Introduction -Make or Buy Decision
Lecture 3: Unit 8.2. Factors affecting make or buy decisions
Lecture 4: Unit 8.3. Importance of make or buy decisions
Lecture 5: Unit 8.4. Advantages of make or buy strategy
Lecture 6: Unit 8.5. Reasons for make instead of buy
Lecture 7: Unit 8.6. Risks involved in decisions to make
Instructors
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Human and Emotion: CHRMI
E Learning, Consulting, Leadership Development
Rating Distribution
- 1 stars: 9 votes
- 2 stars: 5 votes
- 3 stars: 10 votes
- 4 stars: 31 votes
- 5 stars: 52 votes
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