Module Details

Module Code: MGMT H3344
Module Title: Inventory and Materials Management
Title: Inventory and Materials Management
Module Level:: 8
Credits:: 5
Module Coordinator: Martin Meagher
Module Author:: Larry Banville
Domains:  
Module Description: The module aims to provide the student with the ability to use inventory management tools across a wide range of industry sectors and a comprehensive understanding of Materials Management.
 
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 Explain the operation and location of stores and warehouses, and examine their role, and the role of inventory in supply chains.
LO2 Select and apply appropriate inventory and materials management tools and techniques in a manufacturing and distribution environment.
LO3 Distinguish between the planning and execution of job-shop, batch manufacturing, mass production and JIT operations, and explain the role of inventory management in each.
Dependencies
Module Recommendations

This is prior learning (or a practical skill) that is recommended before enrolment in this module.
No recommendations listed
Co-requisite Modules
No Co-requisite modules listed
Additional Requisite Information
No Co Requisites listed
 
Indicative Content
Introduction to Inventory Management
The role of inventory; Classification of Inventory, Stock recording, Stock-taking, ABC analysis of stocks;
Retail Buying and Merchandising
ECR and continuous replenishment, Quick Response Logistics, Central Distribution, Merchandise Budget Planning,
Warehouse Management
Warehouse Operations, Warehouse Management Systems and Technology, Warehouse Location decisions, Distribution Channel Design,
Inventory Management
Inventory Holding costs, Inventory Risks, Periodic Review, Orderpoint Systems, EOQ, DRP, Demand Amplification (bullwhip),
Manufacturing Planning and Control
Production Planning, Master Production Schedule, MRP, Shop floor scheduling and Capacity Planning, MRPII, Technology and ERP
Just-in-Time
Evolution of Manufacturing, Origins of JIT, Elements of JIT, Kanban systems, Lean Manufacturing, Lean Supply Chains
Module Content & Assessment
Assessment Breakdown%
Continuous Assessment100.00%

Assessments

Full Time

Continuous Assessment
Assessment Type Essay % of Total Mark 40
Timing Week 6 Learning Outcomes 1
Non-marked No
Assessment Description
Individual Report
Assessment Type Short Answer Questions % of Total Mark 30
Timing Week 10 Learning Outcomes 2,3
Non-marked No
Assessment Description
Class Test
Assessment Type Presentation % of Total Mark 30
Timing Week 12 Learning Outcomes 1,2,3
Non-marked No
Assessment Description
Presentation
No Project
No Practical
No End of Module Formal Examination
Reassessment Requirement
Coursework Only
This module is reassessed solely on the basis of re-submitted coursework. There is no repeat written examination.

SETU Carlow Campus reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full Time
Workload Type Workload Category Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Lecture Every Week 3.00 3
Independent Learning Time Non Contact No Description 15 Weeks per Stage 5.93 89
Total Weekly Contact Hours 3.00
Workload: Part Time
Workload Type Workload Category Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact No Description Every Week 1.50 1.5
Independent Learning Time Non Contact No Description 15 Weeks per Stage 7.13 107
Total Weekly Contact Hours 1.50
 
Module Resources
Recommended Book Resources
  • Steve Chapman,Ann K. Gatewood,Tony K. Arnold,Lloyd Clive. (2017), Introduction to Materials Management, Global Edition, Eight. [ISBN: 9781292162355].
  • Gwynne Richards. (2017), Warehouse Management, 3. Kogan Page Publishers, p.528, [ISBN: 9780749479787].
  • Gwynne Richards,Susan Grinsted. (2020), The Logistics and Supply Chain Toolkit, Third. Kogan Page Publishers, p.424, [ISBN: 9781789660852].
  • Alan Rushton,Phil Croucher,Peter Baker. (2017), The Handbook of Logistics and Distribution Management, Sixth. Kogan Page Publishers, p.912, [ISBN: 9780749476786].
  • Martin Christopher. (2016), Logistics & Supply Chain Management, Fifth. Financial Times/Prentice Hall, p.328, [ISBN: 9781292083797].
This module does not have any article/paper resources
This module does not have any other resources
Discussion Note: