Syllabus of National Institute of Technology - Tiruchirappalli (NIT-T) MBA - MB766 Advanced Materials Management

The role of Materials Management in Business - Purchasing - Its Role in Business - Purchasing & Quality Sources of Supply.

International Buying - Importance - Global sourcing - Global Trading - Green purchasing - Supply Chain Management (SCM) - EXIM Policy - Exchange Rate Management - Forward Contracts - INCOTERMS. Contracts & Pricing Practices - Negotiation - Purchase Timing - Make or Buy - Capital Equipment Purchase - Sourcing of Projects.

Strategic Material Planning - Materials Budgeting - Inventory Management -Approach to System Design.

Stores and Transportation. Stores Management - Insurance - Sales Tax - Transportation - Marine Insurance.

Policies - Standards and practices - Procedures.

Books :

1. Gopalakrishnan P. & Sundaresan M., 'Materials Management: An Integrated approach', TMH.,New Delhi, 1996.

2. Interms 1990.