Materials Management
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New answer posted
6 months agoContributor-Level 10
SAP (Systems, Applications and Products in Data Processing) is one of the world's leading Enterprise Resource Planning (ERP) software solutions used by businesses to manage various operations including finance, supply chain, human resources and materials management. It integrates different business processes into a centralized system to improve efficiency, reduce errors, and enhance decision-making in the organization.
SAP has a specialised module called SAP MM (Materials Management) that helps businesses handle procurement, inventory management, supply chain logistics and warehouse operations efficiently.
New answer posted
6 months agoContributor-Level 7
Here is the list of best Materials Management Colleges with low fees in India:
- College of Vocational Studies, University of Delhi
- Gujarat University
- Madhya Pradesh Bhoj Open University
- Indian Institute of Materials Management
- Gondwana University
New answer posted
6 months agoContributor-Level 7
Yes, Materials Management is closely related to Supply Chain, Logistics and Procurement Management. Many professionals switch to supply chain management roles after gaining experience.
New answer posted
6 months agoContributor-Level 7
A Graduate with Materials Management Degree can work in the following sectors or Industries:
- Manufacturing & Production
- Logistics & Supply Chain
- Retail & E-commerce
- Automobile & Aerospace
- Healthcare & Pharmaceuticals
- FMCG & Consumer Goods
- Government & Defense Logistics
New answer posted
6 months agoContributor-Level 7
The eligibility criteria of Materials Management Courses vary depending on the course level. Students can check the table below to more about the eligibility criteria for Materials Management Courses:
Courses | Eligibility Criteria |
---|---|
Diploma Courses | 10+2 (Class 12) with at least 50% marks. |
Undergraduate Courses (BBA, B.Tech, B.Com in Materials Management) | 10+2 with Commerce/Science background. |
Postgraduate Courses (MBA, PGDM, M.Tech in Materials Management) | Graduation (BBA, B.Com, B.Tech, or related field) with at least 50% marks. |
Certificate Courses | Open to anyone interested in logistics, procurement, and inventory control. |
Note: This information is sourced from the official website of the institute and may vary.
New answer posted
6 months agoContributor-Level 7
Materials Management professionals can earn between INR 4 Lacs to INR 15 Lacs depending upon the job profile they are working The salaries depend upon the work experience and degree obtained.
Level of Experience | Salary Range (in INR) |
---|---|
Entry Level | INR 2 Lacs to 5 lakh |
Mid Senior Level | INR 5 Lacs to 10 lakh |
Senior Level | INR 10 Lacs to 15 lakh |
Note: The salary information is taken from Ambitionbox.com.
New answer posted
6 months agoContributor-Level 7
Yes, students can pursue certification courses in Materials Management from several online learning platforms like Udemy, Coursera, Indeed Learning, and Student Zone. Students can see the table below to learn certification courses in Materials Management:
Name of Certificate Programme | Course Provider | Fees |
---|---|---|
VSkills | INR 3,499 | |
Udemy | INR 389 | |
Welingkar Institute of Management Development | INR 23,600 |
Note: This information is sourced from the official website of the institute and may vary.
New answer posted
6 months agoContributor-Level 7
The main subjects included in Materials Management include Logistics, e-business, Quantitative Methods, Packaging, Distribution Management, Strategic Cost and Financial Management, and Management Information Systems.
To ensure efficient and effective management of materials and resources within an organization's supply chain, materials management is a multidisciplinary profession that includes a wide range of issues and topics.
New answer posted
6 months agoContributor-Level 7
Students interested in joining this field can do undergraduate, postgraduate, diploma, and certification courses in Materials Management. Some of such programmes are mentioned below:
Level of Programme | Courses |
---|---|
Bachelor's Degree Programmes | Bachelor of Science (B.Sc.) in Materials Management Bachelor of Business Administration (BBA) in Supply Chain Management |
Postgraduate Programmes | Master of Business Administration (MBA) in Supply Chain Management Master of Science (M.Sc.) in Materials Management |
Diploma and Certificate Programmes | Diploma in Materials Management Certificate in Logistics and Supply Chain Management |
Online Courses and Certifications
| A number of online platforms offer courses and certifications in materials management, inventory control, procurement, and supply chain management. |
Note: This information is sourced from the official website of the institute and may vary.
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New answer posted
6 months agoContributor-Level 7
The field of management studies known as "Materials Management" is concerned with the organisation, acquisition, storage, and facilitation of transportation of raw materials needed for product manufacturing and customer delivery.
It is essential to ensure that a business has the appropriate materials for its activities in the appropriate quantities, at the appropriate times, and for the appropriate price. In order to avoid production delays and disruptions, make sure that supplies and components are available when and where they are required.
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