Materials Management (5 cr)
Code: 5091182-3014
General information
- Enrollment
-
02.08.2023 - 07.09.2023
Registration for the implementation has ended.
- Timing
-
01.09.2023 - 25.12.2023
Implementation has ended.
- Number of ECTS credits allocated
- 5 cr
- Local portion
- 5 cr
- Mode of delivery
- Contact learning
- Unit
- Engineering and Business
- Campus
- Location-independent
- Teaching languages
- English
- Degree programmes
- Degree Programme in Industrial Management Engineering
Evaluation scale
H-5
Content scheduling
The student learns how to organize materials management in a company.
The student will also get to know how to manage inventories and control the inventory related costs.
The student will know which replenishment methods should be applied in different environments.
He/she will learn how to calculate the inventory related costs and replenishment parameters.
Warehousing- Advanced technologies both in warehouse material and information flow management- Inventory related costs- Different stocks and significance of those for customer service- Material management and replenishment methods in different environments- VMI concept
Objective
The student learns how to organize materials management in a company. The student will also get to know how to manage inventories and control the inventory related costs. The student will know which replenishment methods should be applied in different environments. He/she will learn how to calculate the inventory related costs and replenishment parameters.
Content
- Warehousing
- Advanced technologies both in warehouse material and information flow management
- Inventory related costs
- Different stocks and significance of those for customer service
- Material management and replenishment methods in different environments
- VMI concept
Materials
1.Arnold, Chapman, Clive: Textbook: Introduction to Materials Management, Chapter: Inroduction to Materials Management
2. Arjan J. van Weele: TextBook: Purchasing and supply chain Management: Chapter 1-4 (Section 1, pages 1-87)
3. Arnold, Chapman, Clive: Introduction to Materials Management, Chapter: Material Requirements Planning
4. Arnold, Chapman, Clive: Introduction to Materials Management, Chapter: Forecasting
5. Arnold, Chapman, Clive: Introduction to Materials Management, Chapter: Inventory Fundamentals
6.Arnold, Chapman, Clive: Introduction to Materials Management, Chapter: Independent Demand Ordering Systems
Teaching methods
6 Individual Assignments
Module Group Assignment
Course Exam
Exam schedules
Course Exam 4.12.23 at 8.15-11.00 ICT-CITY B-1032
Re-Exam date 14.12 at 9.00-11.00 ICT-CITY B-1038
Completion alternatives
-
Student workload
5 student point
Further information
paula.kullanmaki@turkuamk.fi