Material Management

Need of the course:

In any industry there is need for material management, which includes things from raw material to finished or semi-finished product. Previously, marketing and manufacturing were considered important but gradually Material Management gained its significance.

It deals with various aspects such as raw-material, procurement of machines and required tools etc. The quality and price should also be kept in mind which needs proper planning and knowledge on market. In case of any surplus stock, measures should be taken to reduce it. Hence, any industry or company should know the advantage of material management for their success without improper usage of resources.

This course is well suited to get knowledge, degree and experience in material management. Students after completion of the course get clear idea on the Material and Store Management. They can also acquire skills needed for planning procurement and how to maintain lowest inventory cost.

Career Prospects:

As a material management professional a candidate can have a promising career which has attractive pay as well as demand. The opportunities can be opened in both public and private sectors industries. Supply chain industries, private transporters and government transport department also have huge requirement of material mangers. Depending on the companies requirement candidates can also change his role or increase his responsibility after gaining some experience. A beginner can start individual role such as store manager, procurement management and then finally, can reach to senior executive position based on company capacity.