Cover -- Preface -- Acknowledgement -- Contents -- Chapter I. Materials Management -- Introduction -- Definition -- Historical Background -- Objectives and Functions of Materials Management -- Scope of Materials Management -- Integrated Materials Management Concept -- Average Expenditure on the Materials by Various Industries -- Types of Materials -- Materials Management Organization -- Questions -- Chapter II. Purchasing and Supply Chain Management -- Introduction -- Definition -- Supply Chains -- Objectives of Purchasing -- Functions of Purchasing -- Types of Purchases -- Raw Materials -- Semi-finished Products, Parts and Components -- Finished Products -- Maintenance, Repair and Operating Items (MRO) -- Production Support Items -- Services -- Capital Equipment -- Purchase and Supply Chain Organization -- Qualifications, Duties and Responsibilities of Purchasing Officer -- Purchasing Policy and Procedure -- Procedures of Purchasing -- Process of Purchasing -- Process of Purchasing -- Purchase of Machines or Equipments -- Purchase Decisions -- Supplier Selection -- Delivery Terms -- Cancellation after Breach of Contract -- Supplier Evaluation and Performance Measurements -- Supplier Evaluation Criteria -- Rating the Vendors -- Purchase Systems -- Questions -- Chapter III. Stores Management and Control -- Stores or Warehouses -- Classification of Stores -- Centralised and Decentralised Stores -- Stores Management and Store Keeping -- Objectives of Store Keeping -- Functions of Stores -- Organization of Stores -- Duties and Responsibilities of Chief Storekeeper -- Qualifications of Storekeeper -- Types of Warehouses and Stores -- Organising Stores -- Receipt Procedure -- Methods of Storing the Materials -- Issue of Materials -- Material Return -- Records of Store -- Valuation of Stock and Materials -- Layout of Stores.

Preservation of Materials and Protection of Stores -- Auditing the Stores Materials -- Verification of Materials -- Security of Stores -- Materials Accounting -- Questions -- Chapter IV. Standardization, Simplification, Classification and Coding of Materials -- Standardization and Simplification of Materials -- Aims of Standardization -- Advantages and Disadvantages of Standardization -- Scope and Area of Standardization -- Standardization of Materials and Items -- Benefits of Standardization to the Organization -- Classification of Standardization -- Levels of Standards -- Simplification -- Advantages of Simplification -- Difference between Simplification and Standardization -- Rationalization -- Classification and Codification -- Classification of Materials -- Codification -- Stores Vocabulary -- System of Codification Used -- Questions -- Chapter V. Forecasting -- Introduction -- Sales Forecasting and Estimating -- Types of Forecasting -- Methods of Forecasting -- Time Series Analysis -- Regression and Correlation Analysis -- Logarithmic Straight line or Exponential Method of Sales Trend Measurements -- Selection and Procedure for Forecasting -- Questions -- Chapter VI. Inventory Planning -- Introduction -- Definition -- Necessity and Reasons for Inventory -- Functions of Inventories -- Types of Inventories -- Advantages and Disadvantages of Storing Inventory of Materials -- Inventory Planning -- Objectives of Inventory Planning and Management -- Storage and Movement of Materials -- Requirement of Sales Forecast for Operations -- Inventory Planning and Control Systems -- Selective Inventory Control -- Questions -- Chapter VII. Materials Requirements Planning -- Introduction -- MRP System -- Use of MRP by a Manufacturing Concern -- Development of MRP -- Computer Program -- Flow Chart -- Application of MRP System and its Computer Model.

Toy Car Manufacturing -- Manufacturing Resource Planning -- Chapter VIII. Break Even Analysis -- Introduction -- Break Even Chart and Break Even Point -- Finding Break Even Point and Margin of Safety -- Margin of Safety -- Angle of Incidence -- Graphical Presentation of BEP -- Cost, Volume and Profit Analysis -- Make or Buy Decisions of Products -- Music-3D -- Questions -- Chapter IX. Inventory Control -- Introduction -- Types of Inventers Control systems -- Safety Stock -- Influence of Uncertainty on Inventory Control -- Determination of Safety Stock, Buffer Stock or Reserve Stock -- Variables in Inventory Problems -- Demand Pattern of Items Required -- Essentials of Inventory Control -- Elementory Inventory Control Models -- Costs Involved in Inventory Control Problems -- Classification and Characteristics of Inventory Problems -- Deterministic Models of Inventory Control -- Inventory Control Model-I -- Inventory Control Model-II -- Inventory Control Model-III -- Price Discount in Inventory Control -- Economic Order Quantities with Price Discounts -- Verification of Stock -- Methods of Physical Verification of Stock Taking -- Questions -- Chapter X. Value Engineering -- Value Engineering or Value Analysis -- Objective and Purpose of Value Engineering -- Aims and Philosophy of Value Analysis -- Value Engineering Job Plan -- Determination of Cost -- Questions -- Chapter XI. Materials Handling -- Minimizing Materials Handling -- Relationship of Materials Handling and Facility Planning -- Designing a Material Flow -- Objectives of Materials Handling -- Functions of Materials Handling -- Designing the Material Flow Patterns -- Developing the Material Flow Pattern -- Conveyor Analysis -- Material Handling at the Work Place -- Introduction to Material Handling Activities -- Principles of Material Handling -- Material Handling Methodology.

Material Handling Safety -- Materials Handling Equipments -- Selection of Materials Handling Equipments -- Basic Material Handling Systems -- Automatic Storage and Retrieval Systems (AS/RS) -- Questions -- Chapter XII. Just in Time -- Introduction -- The Principles of JIT -- Objectives of Just in Time -- Requirements of JIT -- Just in Time Methodology -- Zero Inventory (ZIN) System -- Kanban -- Drawbacks of JIT -- Case Studies -- Questions -- Appendix I -- Appendix II -- Appendix III -- Appendix IV -- Appendix V -- References.