Purchasing and Materials Management

• Material Management • Integrated Materials Management • Computer Application and System Analysis for Material Management • Standardization and Variety Reduction • Classification and Codification of Materials • Materials Planning and Budgeting • Stores and Stores Management • Automatic Storing and Warehousing • Stores in Stock Yards • Preservation of Materials • Materials Handling • Inventory Planning and Control • Inventory Management Models • Selective Inventory Control • Make or Buy Decisions • Purchasing Principles, Procedure and Organization • Vendor Evaluation and Performance Rating • Value Analysis (VA) • Just-in-Time Purchasing • Purchasing Negotiating Skills • Quality Control in Material Management • Surplus, Obsolete and Waste Management • Stock Maintenance and Accounting • Legal Aspects in Purchasing • Cases and Review Questions