Revised Syllabus of Materials and Logistics Management  for MBA Pune University 2008 pattern

    Subject Code: 205

    1. Introduction:

    Materials Management – Evolution, Importance, Scope and Objectives – Interface with other functions. Concept of Logistics and Supply Chain Management and evolution to 4PL (6)

    2. Logistics –

    Objectives, Components, Significance. Supply Chain Management – Objectives, Components, Significance, Trade off Customer Service & Cost. (6)

    3. Inventory –

    Need of Inventory – Costs associated with Inventory – Types of Inventory – Basic EOQ Model – EOQ with discounts – Classification of material – ABC Analysis – VED, HML, FSN, GOLF, SOS (Numericals expected on Basic EOQ, EOQ with discounts & ABC) (10)

    4. Material Requirement Planning

    Advantages over conventional planning (Order Point Method) – Input and output of MRP system – Forecasting – Overview of quantitative and qualitative methods of forecasting – Master Production Schedule – Bill of Materials – BOM Explosion – Material flow in MRP. MRP II. Concept of ERP. (Numericals expected on BOM Explosion, estimating Net requirements) (12)

    5. Purchasing Management –

    Responsibilities of Purchase Department – Purchase Cycle – Negotiation & Bargaining – Vendor relations – Purchasing Methods – Global sourcing (8)

    6. Stores –

    Functions, Importance, Organization of stores & Stores layout. Stores procedure – documentation. (5)

    7. Inventory control & Cost Reduction techniques:

    Inventory turns ratios – Standardization – need and importance. Codification – concept, benefits. Value Engineering and Value Analysis – concept and process. (8)

    8. Materials Handling –

    Principles of Materials Handling system – Materials Handling Equipments – Safety issues. (5)

    Reference Books

    Materials Management

    Logistics Management

    Supply Chain Management