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Purchasing & Material Management

Every organization big or small depends on materials and services from other organizations to varying extents. These materials & services are obtained through exchange of money and the physical arrangement of it all. This function of business is responsible for the coordination of planning, sourcing, purchasing, moving, storing and controlling materials in an optimum manner so as to provide service to the customers at a pre-decided level and minimum cost. This concept is coined as Purchasing & Material Management.

Table of Content

  • Purchasing and Material Management
  • Stock Control - Purchase Requisitions and Shortage Reports
  • Inventory Analysis
  • Price Determination
  • Legal Aspects of Purchasing
  • Purchase Budget/Order
  • Stores Organisation
  • Stock Taking and Stock Verification
  • Layout and Location System
  • Theft, Malpractice and Loss
  • Packing and Clearing and Forwarding
  • Work Orders
  • Miscellaneous Accounts Matters
  • Electronic Data-Processing

Material Management is the integrated functioning of purchasing and allied activities so as to achieve the maximum co-ordination and optimum expenditure in the area of materials.

Once the candidates have completed their training, they can take the exam required for certification.

Payment Options

You can enroll for our courses by paying through the following options:

  • You can pay online using - credit card / debit card / net banking
  • You can deposit cash in either HDFC or ICICI branch. Please remember to email us a copy of the deposit slip.
  • You can drop a cheque in either HDFC or ICICI (ATM / bank branch).
  • You can courier the cheque to our office and we will take care of the rest.

Payment needs to be in favour of "IACT GLOBAL EDUCATION PVT. LTD."

Payment can be made for the appropriate amount depending on which option you decide to take.

* Pricing of some of the programs may vary. Please contact us for more details.

As a new customer of IACT, I have found the course excellent in all aspects. This course suits the requirements of large and small companies. The E-training is simple and easy to understand with an easy to follow set of help instructions and a dedicated team just an email away.
Ravi S - Accenture
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