Materials Management

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New answer posted

6 months ago

0 Follower 4 Views

P
Pallavi

Contributor-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 ago

0 Follower 1 View

M
Mohit Mishra

Contributor-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 ago

0 Follower 2 Views

P
Pallavi Rai

Contributor-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 ago

0 Follower 1 View

A
Abhay Dixit

Contributor-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 ago

0 Follower 1 View

P
Piyush Chatterjee

Contributor-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:

CoursesEligibility Criteria
Diploma Courses10+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 CoursesOpen 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 ago

0 Follower 1 View

K
Kritika Tyagi

Contributor-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 ago

0 Follower 1 View

A
Abhishek Arora

Contributor-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

Certified Purchasing and Material Management Professional

VSkills

INR 3,499

SAP MM (Materials Management) Certification Training

Udemy

INR 389

CERTIFICATE PROGRAM IN MATERIALS MANAGEMENT (CMT)

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 ago

0 Follower 1 View

S
Shruti Shukla

Contributor-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 ago

0 Follower 2 Views

H
Himanshi Bisht

Contributor-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.

New answer posted

6 months ago

0 Follower 1 View

A
Aashi Rai

Contributor-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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