Academy of Management
Job Oriented Course – Material Management – MM
MM is associated with organizing, planning and controlling the flow of materials. The scope of MM varies from company to company. The prime goals of MM are reaching the right quality, right quantity, at the right time, at the right prices and from the right resources. Material management is the process of reducing cost without harming the quality of materials. The course aims to teach the skills of good supplier relationships, maintaining good records by providing an audit trail and leadership quality. Under material planning and control, candidates get knowledge of sales forecasting, production plans and inventory control and stores management. Supply management or logistic management is also covered in the course.