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PSM 213 Principles of Materials Management

HND1 levelManagement & Administration40 topics

PSM 213 covers 40 topics. StudyPath paces them into daily study sessions that finish before your exam date, with practice questions and worked answers for each one.

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Course outline

The topics this course covers, in teaching order.

  1. Concept and scope of materials management
  2. Adoption, benefits and problems of materials management
  3. Quality management and TQM
  4. Quality control, quality assurance, value analysis and specifications
  5. Production concepts, classifications and methods
  6. Materials management contribution to production planning
  7. Delivery promises, quantity determination and make-or-buy decisions
  8. Authority to procure
  9. Merchandising and promotional activities
  10. Demand patterns, seasonal trends and special promotions
  11. Procurement-marketing interface and liaison
  12. Materials control and notification/recording of requirements
  13. Stock control methods and inventory levels
  14. Provisioning methods and EOQ
  15. Identification, standardization, obsolescence and surplus stock
  16. Inventory control concepts and objectives
  17. Stock control policies and reasons for holding stock
  18. Methods and sources of inventory control
  19. Inventory analysis
  20. Inventory control techniques
  21. Stock valuation and stores accounting
  22. JIT, Kanban, MRP and ERP
  23. Stores coding and identification systems
  24. RFID, QR codes and barcode applications
  25. Surplus, scrap and redundant materials control
  26. Rationalization, standardization and variety reduction
  27. Materials issue and dispatch methods
  28. Store and warehouse design and layout
  29. Materials handling, storage equipment and work study
  30. Storehouse operations, security, safety and maintenance
  31. Materials management structure
  32. Functions in management structure
  33. Specification by drawings
  34. Methods of production
  35. Production planning
  36. Promotional activities
  37. Materials recording methods
  38. Stock level calculations
  39. Reorder levels
  40. Slow-moving and surplus items

A sample from this course

One topic, as StudyPath teaches it.

Concept and scope of materials management

Materials Management is the systematic planning, sourcing, storing, and controlling of materials to meet production and service requirements. Mastering its core concepts—definition, objectives, and scope—helps students understand how material flow underpins operational efficiency and cost control, which is essential for the NUC CCMAS, NBTE, and NCCE exams.

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