Effective Materials Management Master Class

Organization: Neoedge Pte. Ltd.

Venue: Novotel Clarke Quay Singapore

Location: Singapore, Singapore

Event Date/Time: Feb 25, 2013 / 9:00 am - (GMT +8:00 hours) End Date/Time: Feb 27, 2013 / 5:00 pm - (GMT +8:00 hours)
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Description

About our Premier Master Class
Materials Management is related to planning, procuring, storing and providing the appropriate materials of right quality, right quantity at right place in right time so as to co-ordinate and schedule the production activity in an integrative way for an industrial undertaking. Most industries buy materials, transport them in to the plants, change the materials into parts, assemble parts in to finished products, sell and transport the finished products to the customers. In some industries, companies invest 60-70% of revenue in materials, or even more than that. All these activities, including purchasing materials, flow of materials, manufacturing them in to the products, supplying and selling the products at the market require various types of materials to manage and control their storage, flow and supply at various places. It is only possible by efficient materials management.

About 20-25 years ago, there were no cut-throat competitions in the market to sell various items manufactured by different industrial undertakings and the availability of materials to manufacture these items was not scarce. Therefore, materials management was not thought to be so important and its separate identity in the organization was not felt. But today, it has become an important management activity to streamline production. Not to mention, the current economic crisis increases its importance even further.

This course is designed for professionals and management personnel who have responsibilities for materials, spare parts and supplies needed to support productions and operations. Buyers, procurement or supply chain specialists, stock analysts, and logistics, warehouse, distribution or operations supervisors will benefit from this course by learning the techniques and principles for providing better service to their operations, reducing stock outs and surplus materials and maximizing the return on investment for inventory.

Topics covered include:
• Definition of Supply Chain
• Key Elements in Supply Chain Model
• Business Improvement Methodologies
• What Are the Key Elements of Lean
• Benefits of Lean Production
• Inventory Management Models
• Inventory Maintenance
• Critical Spares
• Inventory Classification
• Forecasting and Forecasting Techniques
• Max-min ordering Considerations
• Material Requirements Planning (MRP)
• Bills of Materials (BOM)
• MRPII
• Enterprise Resource Planning (ERP)
• Materials Procurement and Contracting Framework
• Total Quality Management
• Warehouse Management and Physical Inventory
• Considerations for Lean Implementation

Upon completion of this master class, you will learn to:

• Describe the structure, processes and key elements in the supply chain, particularly relating to materials management
• Gain insights into the key elements of Lean and discuss the Toyota Production System framework
• Describe Lean production and its benefits
• Identify Inventory management fundamentals, and practise forecasting techniques
• Increase your understanding of material requirements planning (MRP)
• Develop and understand enterprise resource planning (ERP) – for example, SAP, Oracle
• Discover the procurement and contracting processes for materials management
• Develop an understanding of contract sourcing for materials management
• Recognise the value of Total Quality Management
• Understand the quality framework for materials management and the standards

For full agenda, please email us your detail contact information to rueburn@neo-edge.com. Please indicate subject title "Effective Materials Management Master Class".

This workshop is designed for General Managers, Directors, Heads, Managers, Engineers, Analysts, and Executives of

• Materials Handling/Control/Management
• Supply Chain
• Purchasing/Procurement
• Inventory Planning/Management/Control
• Warehousing
• Stock Control
• Logistics
• Distribution/Operations
• Channel Development
• Production Planning
• Demand Planning/Forecasting

From across all industries, for example:

• Manufacturing
• Petroleum, Gas and Chemical
• Mining and Metal
• Energy, Power and Utilities
• Shipping and Logistics
• Healthcare and Pharmaceuticals
• Engineering and Construction
• Retail and Trading
• Telecom
• Government Agencies

Venue

177a River Valley Road
Singapore
Singapore
MORE INFO ON THIS VENUE

Organizations

Neoedge Pte. Ltd.