Master Diploma in Material Management

Description

Course Name: Master Diploma in Material Management

Course Id: MDMM/Q1001.
Education Qualification: Graduate.
Course Duration: 370 Hrs (Equivalent to One Year).

Total Credits: 18.

How You will Get Diploma Certificate:

Step 1- Select your Course for Certification.

Step 2- Click on Enroll Now.

Step 3- Proceed to Enroll Now.

Step 4- Fill Your Billing Details and Proceed to Pay.

Step 5- You Will be Redirected to Payment Gateway, Pay Course and Exam Fee by Following Options.

Card(Debit/Credit), Wallet, Paytm, Net banking, UPI and Google pay.

Step 6- After Payment You will receive Study Material and Online Examination link on your email id.

Step 7- After Completion of  Course Study give Online Examination.

Step 8- After Online Examination you will get Diploma Certificate soft copy(Scan Copy) and Hard Copy(Original With Seal and Sign).

Step 9- After Certification you will receive Prospect Job Opportunities as per your Interest Area.

Online Examination Detail:

Duration- 60 minutes.
No. of Questions- 30. (Multiple Choice Questions).
Maximum Marks- 600, Passing Marks- 40%.
There is No Negative marking in this module.

Benefits of Certification:

• Government Authorized Assessment Agency Certification.
• Certificate Valid for Lifetime.
• Lifetime Verification of Certificate.
• Free Job Assistance as per your Interest Area.

Syllabus

Evaluation of Materials Management- An Evaluation of Value Analysis, Value Analysis Process, Meaning of Purchasing Research, Price Forecasting, Techniques of Price Forecasting, Forward Buying, Make or Buy Decision, Summary, Keywords, Review Questions, Further Readings.

Codification and Standardization- Introduction, Classification of Materials, Codification, Standardization and Variety Reduction, Self-assessment Exercises, On the Basis of Nature of Materials, Raw Materials, Machinery and Equipment, Consumable Items, Chemicals, Inflammable Items, Packaging Materials, On the Basis of Usability of Materials.

Purchasing Management- Production Planning System, Introduction, Manufacturing Planning and Control System, The Strategic Business Plan, The Production Plan, The Master Production Schedule, The Material Requirements Plan, Purchasing and Production Activity Control, Capacity Management, Sales and Operations Planning.

Managerial Economics- Introduction to Economics, Definition, Microeconomics, Nature of managerial Economics, Scope of Managerial Economics, Operational issues, Demand Analyses and Forecasting, Pricing and competitive strategy, Production and cost analysis, Capital or investment analyses, Environmental or External Issues.

Project Management- Introduction, Project Definition, Project Characteristics, Project Performance Dimensions, Project Life Cycle, Conceptualization Phase, Planning Phase, Termination Phase, Life Cycle path, Project Classification, Project management, Benefits of Project Management Approach, Project Identification and Formulation.

Selection of Suppliers- Introduction, Selection of criteria in research, Quantification of criteria for supplier selection, Systems at Major Manufacturers, BHEL- Bharat Heavy Electricals Limited, Supplier Performance Rating, Supplier Qualification Status, Under Development, Qualified, Supplier Scorecard, ALCOA HOWMET, and The Company has the following Performance Categories for suppliers.