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PSM 314 Materials Planning and Control

HND1 levelManagement & Administration45 topics

PSM 314 covers 45 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. Materials planning and control function
  2. Product development plans and innovation
  3. Production control methods
  4. Production planning and control principles
  5. Preparation of production planning programmes
  6. Productivity and work-study techniques
  7. Materials planning and control functions
  8. Corporate role of materials planning
  9. Budgets for procurement and materials
  10. Material flow and requirement planning
  11. Manufacturing orders and materials requirements systems
  12. Innovation and new product development
  13. Cross-functional product development
  14. Early supplier and procurement involvement
  15. Management and industrial control systems
  16. Production methods and operational requirements
  17. Quality control, value analysis and value engineering
  18. Production programming, routing, scheduling and loading
  19. Sales forecasting and production planning
  20. Productivity, benchmarking and work study
  21. Public vs private sector procurement
  22. Scope of public procurement
  23. Public Procurement Act 2007
  24. Fairness, transparency and competition
  25. Evolution of procurement regulation in Nigeria
  26. Procuring entities and their roles
  27. Contract award procedures
  28. Private sector best practices in procurement
  29. Public accountability constraints
  30. Competitive bidding and tendering process
  31. Selection of suppliers, contractors and service providers
  32. Value and scope of public procurement
  33. Roles of key public procurement institutions
  34. Procurement policy, fraud and risk management
  35. Financial accountability cycle and audit in procurement
  36. Procurement budgeting
  37. Forecasting techniques
  38. Materials planning and control
  39. Manufacturing orders
  40. Innovation in organizations
  41. Organizational control systems
  42. Quality assurance inspection
  43. Programming methods
  44. Production programming
  45. Product research

A sample from this course

One topic, as StudyPath teaches it.

Materials planning and control function

Materials planning and control is the core function that ensures the right material is available at the right time, in the right quantity, and at the right cost. Mastering this topic helps students understand how to link demand forecasts with procurement, production, and inventory management, which is critical for efficient operations and cost control in the NUC CCMAS / NBTE / NCCE syllabi.

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