Lovely Professional University, Phagwara

INSTRUCTIONAL PLAN (for Lectures)

Term: M.B.A-IV
Course No. MGT469 Course Title: Materials Management L: 3 T: 1 P: 0
Textbook: 1.. Shridhar Bhat. K, Production and Materials Management, Himalaya
Publishing House
Other books: 2. Stevenson William. J, Operations Management, Tata McGraw Hill
3. Chary S.N., Production and Operations Management, Tata McGraw Hill
4. Krajewski, Ritzman, Malhotra, Operations Management, PHI, New Delhi
5. K.N.Krishnaswamy,M.Mathirajan,Cases in Operations Management,PHI Learning
Private Limited,New Delhi
Other readings:
S.No. Journal articles as compulsory readings
6. Kraljic P., ’Purchasing Must Become Supply Management’, Harvard Business Review,
sept-oct 1983, pp109-117
7. Meitz A.A. and B.B. Castleman, ’How To Cope with Supply Shortages’, Harvard Business
Review, Jan-Feb 1975, pp91-96
8. Kim Y.H. and K.H. Chung, ‘Economic Analysis of Inventory Systems: A clarifying Analysis’,
Inter. Jour. Prod. Res. Vol.23, no.4, Jul-Aug 1985, pp761-767
9. Jeya Chandra M. and M.L., Bahner, ‘The Effect of Inflation and the Time Value of Money
on Some Inventory Systems’, Inter. Jour. Prod. Res. Vol. 23, no.4,1985, pp723-730
Relevant websites:
S.No. Web address Salient Features
10. http://www.inventoryops.com/dictionary.htm Real inventory issues, articles on
materials management and
warehouses
11. www.materialsmanagement.net Strategic planning, risk management
and inventory control
12. http://www.sixsigmasystems.com/case_studies.h Case studies of inventory
tm management, production management
Detailed Plan for Lectures
Lecture Topic Chapters/ Assignment/ Pedagogical aid Date
No. Sections of Task to be Demonstration/ Delivered2
Textbook/ assigned to case study/
other students images/
reference1 animations etc.5
3
DoS4
1-2 Introduction: Meaning and scope, Chap. Case:
Objectives and Significance of 9/pp437- Integrated
Materials Management; 449/bk-1 Materials
Relationship of Material Management
management with other areas of In Moti
Management functions Engineering
Works/Ref.5
3-6 Material Requirement planning, MRP Ch.13/p575 Ass- Case:
calculations, prerequisites, handling
-602/bk-2 1 Material
 uncertainties, combining EOQ with Ch.23/23.1 Control at
MRP, evolution of MRPII
-23.7/bk-3 HYPO/Ref.5
7-8 evolution to ERP, benefits of ERP, Chap.23/ Video/C.D by
Implementation of ERP, leading ERP
software vendors
23.8- Tata McGraw
23.12/bk-3 Hill
9-12 Electronic Commerce, B2B, B2C e- Chap.23/
commerce, significance of e-
commerce
23.13-
23.16/bk-3
13-15 Codification and standardisation: Chap. 24
basis of codification, characteristics
of good coding system, types of
Pp 537-538
coding, standardization and its Bk-1 &
benefits, stores management ch.24.1-
24.5/bk-3
16-17 Purchasing management— Ch.21/p461 Ass- Case:
Objectives and Functions of -486/bk1 2 Purchase
purchasing department; Purchase Ch.22/p487 Control at
policy and procedure; -502/bk1 Kalpavruksha
negotiations, types of Silk
Purchasing--- Centralized and Company/
Decentralized. Ref.5
18-19 Suppliers, selection, and vendor Ch.20/20.3
rating, vendors development, 20.9,
20.12/bk-3
20-25 Inventory management, different Ch.20/p566 Ass- Video/C.D by
costs of inventory, optimal order
quantity, EOQ, inventory models
-615/bk1 3 Tata McGraw
with purchase discounts, buffer Ch.21/21.1 Hill
stocks, fixed order period model, -21.16/bk3
safety stocks, optimum level of
safety stock
26-30 Inventory control, need of carrying Ch.22/22.1 Ass- Case:
inventories; Elements of Effective -22.6/bk3 4 Inventory
Inventory Control, advantages, Control
Procedure for setting up an Procedures
efficient Inventory Control at
System; ABC method of Magi
inventory control, V.E.D. Corporation/
Analysis, S.D.E. classification; Ref.5
F.S.N. analysis; X.Y.Z. analysis
31-36 Value analysis, purchasing research, Ch.20/20.7,
price forecasting, forward buying,
make or buy decision
20.9,20.14,
20.15/bk3

Additional material for spill over (for at least 2XL lectures)

37-38 Purchasing function and Chary Video/C.D by
supply chain management Chap. 27 Krajewski
&Ritzman,7th
edition
39-40 Implementation of supply chain Chary
principles within a company Chap. 27
41-42 Logistics management and its Chary
links with inventory control and Chap. 25
other areas
Notes: 1. Use S. No. Of the readings above
 2. To be filled in on the date of delivery of lecture by the instructor
3. Put assignment number from Assignment Table (below) against the lecture in which planned to be
assigned (by co-ordinator)
4. To be filled in on the date of assignment (by the instructor)
5. Do not write Lecture, OHP, LCD projector etc.

Details of Assignments Planned:

Assignmen Details Nature of Expected outcome
t No. Assignment
1 Practical problems for working out Quantitative Application of MRP
MRP in a manufacturing unit concept
2 Drafting of atleast three types of Qualitative Application of purchase
purchase orders along with ‘Terms policies and negotiations
and Conditions’ for different types
of items like equipment, raw
materials etc. both indigenous and
imported items
3 Practical problems for working out Quantitative Application of minimum
safety stock levels and optimum inventory levels
order quantities
4 Practical problems of inventory Quantitative Classification of
control methods like ABC and VED inventory items
5 Case analysis and presentation Case Studies Enhancing analysis and
presentation skills
6 Case analysis and presentation Case Studies Enhancing analysis and
presentation skills
Term paper to be allotted by lecture no. 29_____ Due date of term paper: 2 wks before the close of term

Scheme for CA: (out of 100)

Component Frequency Marks out of 100
Attendance
Continuous 10
Homework based tests/quizzes
2 20
Assignments
6 60
Term paper
1 10

List of suggested topics for term paper

S.No. Topic
1 If a buyer is interested in minimizing the risk resulting from fluctuating market prices, what techniques should he apply?
2 How would you go about operationalizing the concept of ‘materials management as a profit centre’? What advantages
would you expect from making it into a profit centre?
3 In the case where multiple number of items are procured, how would you apply EOQ concepts to aggregate inventory
control as opposed to individual items inventory control?
4 Does the learning curve affect ‘make or buy’ decisions? In what type of production situations, is the make or buy decision
very crucial?
5 In an unstable market for raw materials what type of buying policy should be followed?
6 What are the implications of B2B and B2C on production and operation management? List the socio-economic conditions
necessary for B2B and B2C to flourish and explain.
7 Illustrate how does “Installing MRP system tend to bring in an integration of material management, production management
 and other functions in the organization” ?
8 How would you go about installing a new computerized codification system in an organization? Illustrate the steps involved,
problems anticipated, if any and your proposal to overcome these problems.
9 For a manufacturing organization of your choice, discuss how an ERP system could be used and whether it could increase
effectiveness.
10 For service sector like major airlines, discuss how an ERP system could be used and whether it could increase
effectiveness.
11 How has the technology aided inventory management? How have the technological improvements in products such as
automobiles and computers impacted inventory decisions?
12 How does ERP fit with e-commerce and supply chain management? What are some hidden costs of ERP? And what are
the main reasons firms adopting ERP?
13 What are the basic assumptions underlying the classical EOQ model? Mention a few situations where these assumptions
may not be valid and therefore EOQ model can be used straightaway. In such situations, check the validity of basic
concepts behind EOQ model. How could these concepts , if they are valid, be used in such situations?
14 In what different ways can the risk of stock out be expressed and measured? What is the function of a safety or buffer
stock? What are all the different uncertainties against which you would like to protect the inventory?
15 You are asked by your superior to look after the problem of scrap. What will your actions be? Explain the importance of
good preservation, packing, and marking of the materials.

Proposed Changes from the standard pedagogy for the course:

_______________________
Prepared by (Instructional Planner: Name, signature & date)

Comments of HoFD(Chief Academic Officer)

Signature & Date

Comments of Dean of Faculty

Signature & Date

Report
(to be filled by the instructor and submitted at the end of term to HoS through HoD)
Lectures
S.No. Innovation introduced [New pedagogy, new demonstration, case Topic and lecture number where
study, teaching aid, etc. NOT part of the instructional plan introduced
General Comments of the Instructor about the suitability of IP

Conduct of Tutorials
Tutorial Date Topics covered in the tutorial Activities (like quiz, case
no. (Week no.) study, doubt clearing, any
other)
1 1 Inventory Management at Wal-Mart
2 2 Improving customer service through
inventory management at
Amazon.com
3 3 Doubt clearing/Problem solving
4 4 Case study - Presentations
5 5 Case study - Presentations
6 6 Doubt clearing/Problem solving
7 7 Periodic Review of Inventory system-
Parts Emporium, Inc.
8 8 Doubt clearing/Problem solving
9 9 Case study - Presentations
10 10 Case study - Presentations
11 11 Doubt clearing/Problem solving
12 12 Doubt clearing/Problem solving

General Comments of the lab Instructor about the suitability of IP or new

pedagogy attempted in labs:

Syllabus Coverage Report

Syllabus coverage by one week before MTE

Satisfactory/ Lagging by ____ lectures.

Syllabus coverage by two week before E TE

Satisfactory/ Lagging by ____ lectures.

_____________________________ ___________________
Signature of Instructor & Date Signature of HoD & Date