Materials_Management1102
Materials_Management1102
Procurement Cycle
Ethical Concepts in Purchase
Economic Order Quantity
Lead Time Analysis
Legal aspect of Purchasing: Indian Contract Act, Sale of Goods Act, Negotiable
Instrument Act, Indian Companies Act, Indian Patent Law, Arbitration Act,
Excise and Customs Act.
Competition Commission of India
E-Procurement guidelines, use of Digital Signature Certificate
Documentation & Process relating to Imports, INCOTERMS, Letter of Credit
etc.
3. Logistics, Stores and Inventory Control Management
Stores functions, Types of Stores, Stores Identification System, Receipts,
Inspection, Storage Procedure, Preservation Procedure, Safety and Security
aspects, Issue System, Disposal of unserviceable scrap including survey off and
disposal activity, stock verification and store accounting, Store records etc.
Definition of Inventory, Need for Inventory, Inventory Planning, Inventory
carrying cost, Inventory control measures, (ABC, XYZ Analysis – VED,
GOLF, FSN – HML etc.).
Role of Logistics in Supply Chain, Role of logistics in competitive strategy,
Role of transportation in logistics, transportation selection decision etc.
Importance of Warehousing, types of Warehouses, Warehousing functions etc.
Material handling – Objectives, guidelines & principles, selection of material
handling equipment packing. Packaging-role of packaging, packaging
materials, consumer & industrial packaging, material handling efficiency.
4. Information System in Supply Chain Management
Note*- The above syllabus is indicative in nature and not Exhaustive. The Topics, Acts
and Rules mentioned above includes the latest concepts in existence with regard to the
specified topics and in respect of Acts/Law, latest amendments upto date.