Module Details
Module Code: |
MGMT H3344 |
Module Title:
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Inventory and Materials Management
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Title:
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Inventory and Materials Management
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Module Level:: |
8 |
Module Coordinator: |
Martin Meagher
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Module Author:: |
Larry Banville
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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.
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Learning Outcomes |
On successful completion of this module the learner will be able to: |
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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.
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No recommendations listed |
Co-requisite Modules
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No Co-requisite modules listed |
Additional Requisite Information
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No Co Requisites listed
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Indicative Content |
Introduction to Inventory Management
The role of inventory; Classification of Inventory, Stock recording, Stock-taking, ABC analysis of stocks;
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Retail Buying and Merchandising
ECR and continuous replenishment, Quick Response Logistics, Central Distribution, Merchandise Budget Planning,
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Warehouse Management
Warehouse Operations, Warehouse Management Systems and Technology, Warehouse Location decisions, Distribution Channel Design,
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Inventory Management
Inventory Holding costs, Inventory Risks, Periodic Review, Orderpoint Systems, EOQ, DRP, Demand Amplification (bullwhip),
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Manufacturing Planning and Control
Production Planning, Master Production Schedule, MRP, Shop floor scheduling and Capacity Planning, MRPII, Technology and ERP
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Just-in-Time
Evolution of Manufacturing, Origins of JIT, Elements of JIT, Kanban systems, Lean Manufacturing, Lean Supply Chains
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Module Content & Assessment
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Assessment Breakdown | % |
Continuous Assessment | 100.00% |
AssessmentsFull Time
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.
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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 |
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Contact |
Lecture |
Every Week |
3.00 |
3 |
Independent Learning Time |
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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
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Recommended Book Resources |
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Steve Chapman,Ann K. Gatewood,Tony K. Arnold,Lloyd Clive. (2017), Introduction to Materials Management, Global Edition, Eight. [ISBN: 9781292162355].
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Gwynne Richards. (2017), Warehouse Management, 3. Kogan Page Publishers, p.528, [ISBN: 9780749479787].
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Gwynne Richards,Susan Grinsted. (2020), The Logistics and Supply Chain Toolkit, Third. Kogan Page Publishers, p.424, [ISBN: 9781789660852].
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Alan Rushton,Phil Croucher,Peter Baker. (2017), The Handbook of Logistics and Distribution Management, Sixth. Kogan Page Publishers, p.912, [ISBN: 9780749476786].
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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 |
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This module does not have any other resources |
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