Definitions of Materials Management

• The Functions and Objectives of Materials Management
• The Materials Organization; Policies and Procedures
• The Importance of Customer Service in Materials & Supply Chain
• Problems in Materials Management in the Arab World

Forecasting and Planning in Materials Management

• How to Deal with Conflicting Objectives
• Forecasting Objectives
• Different Forecasting Models
• Evaluation of Forecasts

Inventory Planning and Stock Control

• Inventory Costs
• The ABC Classification
• Application of the ABC classification

Materials Planning and Control

• The Economic Order Quantity
• The Maximum/Minimum System
• The Importance of Controlling the Lead Time
• Setting the Re-Order Levels for Different Scenarios
• Setting of Safety Stocks
• How to Deal with Constrained Quantity Discount Schemes

The Purchasing Function

• Basic Purchasing Process
• Factors to Consider when Selecting Suppliers
• Definition and Application of Incoterms
• Suppliers Evaluation
• Negotiating with Suppliers

Warehousing

• Receiving, Storage and Issuing
• Inventory Record Accuracy
• Periodic Cycle Counting

The Transport Function

• Responsibilities of Traffic
• Cost-Reduction Opportunities

Productivity in Materials

• Definition of Productivity
• Causes of Lost Time
• Materials and Supply Chain Management through Performance Analysis (KPIs)
• How to set KPI's
• The Most Important KPIs in Materials and Supply Chain