SCMT 2380 - Materials Management

Course Description:
For most organizations, inventory is the largest asset on the balance sheet, and minimizing inventory frees up money for use elsewhere in the organization. Materials management addresses techniques to manage inventory in such a way to allow processes or entities in the supply chain to operate interdependently. In this course, you will review the fundamental nature of inventory from a financial, physical, forecasting and operational standpoint. Topics include inventory classification; warehousing; matching supply with demand; tools and methods for managing inventory of items with different demand and supply characteristics; forecasting; just-in-time production; materials requirements planning; and supplier management.

3 Credits

Prerequisite(s):

One of:
- SCMT 1255
- MNGT 2370
- SCMT 2300

Equivalent(s):
SCMT 380

Technical Requirements
SCMT 2300 - Operations Planning and Scheduling can also be taken at the same time as SCMT 2380.

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