Revised Course Structure for Master in Business Administration
MBA Semester III Specialization: - Production & Operation Management
Elective OP 306 D: Purchasing and Materials Management
Role of Purchasing and Material Management – Objectives. Organisation and Interrelationship, Determination and Description of Material Quantity, Material Planning in Push and Pull System, MRP and JIT; Determination and Description of Material Quality – Receiving and Incoming Quality Inspection, Acceptance Sampling Plans, Vendor-Process Capability; Cost-Reduction Techniques – Standardisation, Simplification & Variety Reduction; Value Analysis and Engineering, Make or Buy Decisions, Purchasing Research, Sources of Supply, Price Determination and Negotiation, Vendor Rating, Selection and Development; Legal Aspects of Purchasing, Public Purchasing and Tendering; International Purchasing-Procedures and Documentation; Purchasing of Capital Equipment – Appraisal Methods, Evaluating Suppliers Efficiency, Stores Layout, Classification and Codification; Material Logistics – Warehousing Management, Material handling, Traffic and Transportation , Disposal of Scrap, Surplus and Obsolete Materials; Inventory Control of Spare Parts, Materials Information System.
Ansari A and Modarress B. JIT Purchasing. New York, Free Press, 1990.
Baily P etc. Purchasing Principles and Management. London, Pitman, 1994.
Burt, David N. Proactive Procurement. Englewood Cliffs, New Jersey, Prentice Hall Inc., 1994.
Dobler, D W. etc. Purchasing and Materials Management, New York, McGraw Hill, 1990.
Note :- At least 10 Case Studies should be taught in class on relevant