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AMA-NGO-India

Distance Learning Programme

Certificate Programme on Essentials of Materials Management

Are You Aspiring To Be A Successful Professional?

As part of its mission to offer high quality, innovative management development programs, AMA, in association with NeoEd Academy, has launched the course “Essentials of Materials Management”.

This web-based e-Learning course has been designed to provide anytime, anywhere access to high-quality content. The course is developed by domain experts with decades of experience and validated by reputed academicians and industry professionals. The objective of the course is to enhance skills in Materials Management and empower you to meet increasingly demanding industry expectations.

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Course Contents

IM01: Introduction

What is Materials Management, Purpose and Importance, Materials Expenditure, Cost Reduction Factors, Turnover, Supply & Quality, Primary & Secondary Objectives, Key Concepts

IM02: Basic Concepts

Understanding Inventory, Why Manage Inventory, Financial Implications, Types of Consumption, Types of Inventory Costs, Cost Classification Examples

IM03: Economic Order Quantity (EOQ)

Origin & Definition of EOQ, Cost Components, Graphical Representation, Developing EOQ Formula, Methods of Determining EOQ, An Example Walkthrough, EOQ Assumptions and Limitations

IM04: Materials Requirement Planning (MRP)

Why MRP replaced EOQ, MRP Concepts & Components, Inputs for MRP, A Real-Life MRP Walk-through

IM05: Materials Classification

Objectives of Classification, The Basis of Classification, Method of Classification, ABC Analysis and Control, Overview of Other Methods

IM06: Purchase Management

Fundamentals, Role of Purchasing in Cost Reduction

Objectives and Functions, Optimal Design Principles, Transactions, Record Keeping, Stock Valuation, Stock Verification, Stock Adjustment – Write-off & Write-On

Who Should Participate?

Industry employees who want to enhance and refresh their knowledge in Materials Management.

Students who plan to pursue a career in Operations Management.

Anyone who wants to learn the basic concepts and practical application of Materials Management.

Fee: Rs. 5,000/- per participant.


AMA, in association with NEO-ED Knowledge Systems has launched The Soft Skills Foundation Course. This web-based e-Learning course has been designed to provide anytime, anywhere access to high-quality content developed by domain experts with decades of experience, and validated by reputed academics and industry professionals. The objective of the course is, to help individuals, through information and empowerment, to meet increasingly demanding industry expectations


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