Materials Management is a core management function and one needs to specialise in the same to handle it independently. Nevertheless the Manager in a Modern Retail Trade needs to know some basics of Materials Management.
This program aims at this and aims to cover the following areas:
- What is ABC classification of materials?
- What is â€œlead timeâ€ and â€œreorder timeâ€ for materials?
- How does poor material management lead to poor sales in the store?
- What is the concept of TCO (Total Cost of Ownership)?
- Learn the art and science of warehousing and storing goods.
- How does one manage multiple SKU for the same brand and product type?
- What is a â€œblack-holeâ€?
- What is the software used by most brands in India for Materials Management?
Supply Chain Management and Logistics is at the heart of Modern Retail Trade.
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