UNIVERSITY OF KERALA - College of Engineering, Trivandrum

08.807.6 Elective-V MATERIALS MANAGEMENT
L T P/D Cr
3 0 0 3
Module I
Importance of material management-objectives-Materials-categories-costs involved.
Purchasing principles - six rights – Organisation - Centralised - decentralised. Standardisation-Forms of
specification-different levels - How an Indian standard is born - Advantages of standardisation.
Module II
Store-coding system - benefits - store function-responsibilities and functions - stores records and stores
accounting.
Cost reduction through materials management-standardisation and variety reduction-value analysis-value
function-cost and worth-selection of items for value analysis-techniques-value analysis job plan.
Computer application in material management - ideal areas for computerisation.
Module III
Inventory management-types of inventory-aims of inventory control - inventory turn-over ratio - costs
associated with inventory-ordering cost - carrying cost - under-stocking cost - overstocking cost.
Selective control - ABC analysis - Economic order quantity-order point - lead time forecast usage per unit of
time - safety stock-stock order point.
Replenishment systems - Perpetual Review system-periodic review system - Quantity to be recouped.
References:
1. Purchasing and materials management - Gopalakrishnan, TMH
2. An Integrated Concept of Materials Management - N.N. Shaw
3. Materials management and inventory control - A.K. Datta
Question paper: Duration: 3 Hrs.
The question paper consists of Part A and Part B.
Part A is for 40 marks. There will be 8 compulsory short answer questions of 5 marks each covering the entire
syllabus.
Part B is for 60 marks. There will be two questions from each module. The candidate has to answer one
question from each module.
Note: No charts, tables, codes are permitted in the Examination hall .If necessary relevant data shall be given
along with the question paper by the question paper setter.
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