Certified Material Management Professional

Course details

Vskills certification for Material Manager assesses the candidate as per the company’s need for material and inventory management. The certification tests the candidates on various areas in purchasing procedures, stores management, RFID, EOQ, codification, ERP, accounting system, foreign exchange regulation, e-commerce and electronic applications.

Why should one take this certification?
This Course is intended for professionals and graduates wanting to excel in their chosen areas. It is also well suited for those who are already working and would like to take certification for further career progression.
Earning Vskills Material Manager Certification can help candidate differentiate in today's competitive job market, broaden their employment opportunities by displaying their advanced skills, and result in higher earning potential.

Who will benefit from taking this certification?
Job seekers looking to find employment in material, stores and inventory departments of various companies, students generally wanting to improve their skill set and make their CV stronger and existing employees looking for a better role can prove their employers the value of their skills through this certification.

Table of Contents

1. Overview of Materials Management

• Overview 
• Role of Material Management
• Meaning of Quality Assurance Standards Of Material Management
• Corporate Policy of MM/JIT/Kanban
• Organization of Materials Management Functions

2. Purchasing Procedures

• Purchasing
• Purchasing Systems
• Pricing Objectives
• Selection of Source (Supplier)
• Vendor Management, Legal Aspects E-Procurement Purchase Auction

3. Stores Management

• Introduction
• Stores Systems and Procedures
• Incoming Materials Control
• Radio Frequency Identification (RFID) Technology

4. Inventory Control

• Overview
• Economic Order Quantity( EOQ)
• Codification / Cataloguing
• Management Of Automatic Procurement Items
• Abc Analysis/Xyz Analysis

5. Input Systems of Inventory Management

• Glossary of Materials Management Terms
• Activity-Based Costing
• Acceptance Sampling Plans
• Accounting System
• Advance Payment
• Foreign Exchange Regulation

6. Importance of Materials Management

• Knowledge Management Introduction
• Import and Export Documentation
• Excise Documentation

7. Importance of E-Commerce

• E-Procurement
• Components of an E-Procurement System
• E-Procurement Processes
• User Maintenance
• Data Transmission
• Advantages of Implementing E-Commerce
• E-Enabled Way to Buy
• Impact of E-Procurement In Bottom Line
• Choosing an E-Procurement Package

8. ERP and Its Implementation

• Definition of ERP
• The Importance of ERP   
• Globalization and ERP    
• Documentation and ERP
• Evolution of ERP
• Selecting the Software
• Cost of ERP Implementation

9. Other Issues

• Organizational Structure
• Communication Skills      
• Raw Materials Purchase
• Recruiting and Training

Updated on 01 February, 2019