Materials Management (5 cr)
Code: TLLY6500-3024
General information
- Enrollment
-
01.08.2024 - 22.08.2024
Registration for the implementation has ended.
- Timing
-
26.08.2024 - 18.12.2024
Implementation has ended.
- Number of ECTS credits allocated
- 5 cr
- Local portion
- 5 cr
- Mode of delivery
- Contact learning
- Unit
- School of Technology
- Campus
- Main Campus
- Teaching languages
- English
- Seats
- 20 - 44
- Degree programmes
- Bachelor's Degree Programme in Purchasing and Logistics Engineering
- Teachers
- Ville Karjalainen
- Groups
-
HBI23S1Bachelor's Degree Programme in International Business
-
TLP24VSBachelor's Degree Programme in Purchasing and Logistics Engineering (AMK) vaihto-opiskelu/Exchange studies
-
TLP23S1Bachelor's Degree Programme in Purchasing and Logistics Engineering
- Course
- TLLY6500
Materials
Learning materials in Moodle
Preferred literature:
Introduction to materials management. 2017. Chapman, Stephen N. Harlow : Pearson Education Ltd.
Evaluation scale
0-5
Further information
Course assessment is based on assessment criteria from learning objectives.
Employer connections
Company visits are included to course if possible. Trade fairs, seminars, webinars, etc. that take place during the course can be included in the course. This will be discussed in more detail during the course.
Student workload
Lectures and other contact studies approximately 40 lessons.
Independent studying approximately 95 hours.
Assessment criteria, satisfactory (1)
1: You have gained knowledge at all the subjects described in the learning outcomes.
2: You have gained knowledge at all the subjects described in the learning outcomes and is able to can utilize this knowledge.
Assessment criteria, good (3)
3: You understand all the subjects described in the learning outcomes and is able to apply the skills one has learned.
4: You have attained an excellent level in almost all the subjects described in the learning outcomes and is able to apply the skills one has learned.
Assessment criteria, excellent (5)
5: You have attained an excellent level in all subjects described in the learning outcomes and is able to apply the skills one has learned.
Exam schedules
Exam schedule will be informed during the course.
Teaching language
en
Teaching methods
This course includes lectures, learning assignments and exam. Some of the assignment are done as independent work, some during contact teaching (around 40 hours or contact teaching). The assignments are described in the course learning environment. All assignments are either independent or group work (as described in course workspace) and due dates are confirmed as the course progresses.
Number of ECTS credits allocated
5
Content
- Demand forecasting
- Inventory management
- Material requirements planning
- Production control management
- Capacity management
Objective
Purpose:
Materials management can have a significant impact on a company's profit, logistics efficiency and customer service. In global supply chains and e-commerce, the importance of material management components, such as demand forecasting, inventory level management, selecting production strategy and planning capacity, is becoming increasingly important. In this course you will learn how to plan and manage material flows. After completing this course, you will understand the basic principles, key concepts and theories of material management and their implications for business.
Competencies:
- Investigations and information retrieval
- Knowledge and understanding
- Purchasing
- Intralogistics
- Business
Learning outcomes:
- You will understand the importance of demand forecasting in business and the most common methods of forecasting.
- You will understand how material flows and inventory levels can be managed and controlled. You understand how to minimize costs of material flow and inventory can be minimize.
- You will understand the basic principles of production control management as well as the different production strategies and their importance for business.
- You will understand how machine, space and personnel capacity is can be determined and understand the basic principles of capacity management.