Materials constitute the largest share of costs in manufacturing and significantly high percentage in others. Materials therefore represent highest potential for cost optimization and profit improvement in any enterprise.
DurationMaterials constitute the largest share of costs in manufacturing and significantly high percentage in others. Materials therefore represent highest potential for cost optimization and profit improvement in any enterprise.
The modern approach is not to view materials management in isolation, but as an ingredient of supply chain. A high performing supply chain supports operations and market strategies and drives integrated planning and execution.
It is designed to optimize service, inventory, investment and costs. The purpose of SCM is to improve trust and collaboration among supply chain partners, thus improving inventory visibility and velocity.
Successful SCM requires business process integration involving collaborative work between buyers and suppliers, joint product development, common systems and shared information. This programme is highly practical and interactive.
Program outline :
Overview of Materials Management: Its functions and profit improvement potential
Supply Chain Management: The key supply chain processes: Demand Management & Forecasting, SCOR Model of SCM, Triple-A Supply Chain, De-risking the Supply Chain, Lead Time Analysis & control, Measuring SCM Performance, Best Practices in SCM in Indian & Overseas industries.
The Role & Importance of Purchasing : Purchasing Cycle/ Process, Purchasing Market Research. 7 Rs of Purchasing: Buying Materials of Right Quality, in Right Quantity, at Right Price, & from the Right Source.
Modern Trends in Purchasing– Spend Analysis & Management, Green Purchasing, SA-8000, P-Cards, Lead Time Analysis & Management, Purchase Market Research (PMR)
E-Procurement : Reverse Auctions, EDI : How does e-Procurement benefit ?
Legal Aspects of Purchasing: Indian Contracts Act & Indian Sale of Goods Act.
Overseas Buying: INCO Terms 2010 of the International Chamber of Commerce, Paris.
Vendor Management & Rating: Key Supplier Account Management, Supplier Relationship Management
Negotiations: Characteristics of Successful Negotiators. Strategies & Tactics.
Inventory Management/ Control: Concepts & Techniques, ABC to XYZ Analysis, Cost- Criticality Analysis, Movement Analysis, MUSIC-3D, Spare Parts Management, Ordering Systems, Minimum–Maximum & Reorder Levels, Financial Aspects, Control of Non-moving & Obsolete Inventory (SLOBs) , Just-in-Time Inventory, Zero Inventory, Vendor Managed Inventory, Measures of Inventory Performance.
Financial Aspects: Inventory & Balance Sheet, Cost of Holding Stock: K-Factor, Replenishment Cost: R-Factor, Valuation of Receipts & Issues, Valuation of Stocks & Writeoff/ Write-on.
Principles of Storekeeping, Stores Layout & Facilities, Physical stock-taking and stock verification, Cycle Counting Systems.
Modern Storage and Warehousing Practices: Automated Storage & Retrieval Systems, Automated Guided Vehicles, Automated Identification Systems: Bar Coding & RFID,
Codification, Standardisation & Variety Reduction
Material Handling, Transportation & Logistics: Role of 3PL/4PL Service Providers.
Risk Management in Supply Chains: Its importance & mitigation of risks.
Cost Reduction Techniques: Value Analysis and Value Engineering.
Human Resource development for Materials & Supply Chain functions
Case Studies
Role Plays.
About Us
AMA is one of the promoters and founder member of All India Management Association, the apex body for management profession in India, and has been collaborating and participating in all its educational and professional activities offered throughout the country.
AMA is also an ISO 9001 certified organization and an approved institute for Management Training by Government of Gujarat.
AMA has received 16 times (1990 to 2008, the Best Local Management Association Award Category-I by the All India Management Association for its Outstanding Contributions in professional management.
AMA also won the National Excellence Award 2009-10 in recognition of its contribution to the professional management through its innovative programmes.
We are situated in the posh area of Ahmedabad, AMA’s 30,000 square metres Management Complex was set up in 1997 and the complex is surrounded by well-known institutes like IIM, ATIRA, PRL, Gujarat University, B K School of Management, L D Engineering College and Polytechnic College.
During its existence of nearly fifty-seven years, AMA has conducted several programmes from which a large number of individual and organizations have benefited.
AMA today commands the highest respect and recognition from all quarter be it Business, Profession, Industry, Government or Academics.
And this, not only in Ahmedabad or Gujarat, but all over India. From a handful members in 1956, our family today has around 400 institutional members and over 3000 individual members.
This are people who come together on this forum, to exchange ideas, information and experience that enrich their managerial skills and competence.
The programmes that AMA conducts are always need-based. To enable maximum people to take advantage of our facilities/activities, we impart quality services and programmes at a nominal fee.
The way forward:
AMA will continue to
Upon completion of the PMPPC course, participants will be able to: Apply advanced procurement planning strategies Differentiate between global and domestic negotiations Identify global trading barriers Implement different acquisition methods
The Procurement Management Course is designed keeping in view the International Process and Standards being followed by the industry across globe while Procuring and Sourcing.
This Procurement certification provide an in-depth understanding of the increasingly complex technical aspects of procurement and substantially increase the chances of career progression.
ISCM has developed a comprehensive certification credential – The Certified Strategic Procurement Professional (CSPP) to develop multi-disciplinary capability including Strategy, Forecasting, Analytics, Category Management, Risk Management, Supplier Segmentation and Relationship Management.
With the growing importance of well-structured purchasing, and supply chain practices, the scope for professionals in these fields is expanding. The CIPS Level 2 Certification ensures the essential competency for related roles, facilitating easier access to these opportunities.Â
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