SCMT 380 - Materials Management

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

Time Guidelines
The standard instructional time for this course is 60 hours. On campus evening/week-ends and fully online hours will vary.

Prerequisites

One of:
- SCMT 255
- SCMT 1255
- MNGT 370
- MNGT 2370

Concurrent Prerequisite

One of:
- SCMT 300
- SCMT 2300

Equivalents
SCMT 2380