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Duration : One Year Fees : Rs. 5,000/-
Timings : 6-00 p.m. to 8-00 p.m.
Eligibility : Gradu./Equiv.Diploma
This course is for those who aim to work or are already working in the field of purchasing, management, store house keeping, warehouse and Inventory Management. The course is helpful to those who want to join trade and industry.
GENERAL OUTLINE OF SYLLABUS:
SEMESTER - I
Title of Paper Marks
• Paper I Industrial Purchasing - I (100 marks)
• Paper II Economic Analysis & International Trade (75 marks)
• Paper III Ware Housing Transportation and Materials Handling (75 marks)
• Paper IV Inventory Management (75 marks)
SEMESTER -II
I Paper Industrial Purchasing -II (100 marks)
II Paper Legal Aspects in Purchasing (75 marks)
III Paper Information technology for Materials & Purchase (75 marks)
IV Paper (a) A term paper cum Industrial field study (40 marks)
(b) Viva-Voce 35 marks
DETAILED SYLLABUS
SEMESTER-I
Paper-I : Industrial Purchasing - I
(1) The importance of functions of purchases in an industrial organisation.
(2) Objectives and principles of purchasing, purchasing functions, scope, place in management and relationship with other functions.
(3) Importance of Cost in purchase, co-ordination of purchase department with stores and
production/service department.
(4) Purchase budget, Purchasing system and planning for purchase.
— Open tender system
— Limited tender System
— Quotations, Rate contract
— Negotiations- qualities of a good negotiator
— Contractual obligations
(5) Materials planning-general approach & principles of purchasing-right price, right quantity and quality, right time and right source.
(6) Data collection on suppliers-enlargement of suppliers list and their evaluation, manufacturers, agents, sub agents, Registration of suppliers and deregistration procedure, Registration of ancillary units, updating the system of collection of data on addition to deletion from the existing list.
(7) Financial aspects of purchasing-purchase accounting- Procedure, responsibility payments of bills,Buyer-seller relations code of conduct and ethical practices.
Paper - II : Economic Analysis and International Trade
(1) General Introduction :
— Nature and scope of Business Economics
— Micro and Macro Business Economics.
(2) Demand Analysis :
— Law of demand
— Demand Determinants and Demand Distinctions
— Elasticity of Demand
— Demand Forecasting: Importance and Methods of Demand Forecasting.
(3) Cost Analysis :
— Cost concept, Types and Interrelationships of costs.
— Significance of costs in Purchasing
— Pricing of the Industrial inputs
(4) Market Analysis :
— Introduction and Meaning
— Market Mechanism
— Equilibrium Pricing and Output.
— Market structure: Pricing and output Decisions in Perfectly Competitive and Imperfectly
Competitive (including Monopoly) Market.
(5) Industrial Development and Sources of Finance :
— Industrial development in India.
— Sources of Financing, internal & external Industrial Purchasing.
(6) Internal Focus
— Meaning of International Trade
— International Liquidity
— Determination of Exchange Rate: Problems and Fluctuations, Management and Control.
— World Bank.
Paper-III : Warehousing, Transportation and Materials Handling
(1) Warehousing :
— Organisational setup for stores Management, Purchase Wing, Inventory Control cell and
stores handling and Management group.
— Stores function-relation with other functions, lay out of stores-Method of identification,
Receiving and inspection, Issues of stores-special hazards-Safety measures-accident prevention-insuring Materials, accounting-Physical stock taking and reconciliation prevention of goods deterioration-obsolescence of stores-security and fire precautions.
— Various types of storage accommodation depending upon the items of stores-
Consideration of External and Internal factors- external factors, operational proximity of
storehouse to materials user Divisions for safety and economy in handling, proximity to
Railways siding, proximity to administrative building, gate security resources etc. Future
expansion-Horizontal & vertical expansion. Safety measure against fire, electric short
circuit and other causes, stock verification, Annual Perpetual merits & demerits Reconciliation of discrepancies.
(2) Transportation :
Relationship of transport to purchasing
— Means of transport-advantages and disadvantages.
— Railways transport-classifications and rates
— Consignment notes, Loss and damage in transit.
— Demurrage, Wharfage
— Road Transport-loading, unloading, loss and damage in transit.
— Marine Transport-documentation.
— Inland waterways.
— Air Transport-Postal facilities and Insurance.
— Transit insurance -principle & practice
(3) Material Handling :
— Principles-work simplification
— Materials Handling Equipment factors in selection-Horizontal, Overhead and Vertical
movement, Horizontal movement, fixed industrial storage.
— Packing and Packaging-types of packing & packing materials, export packing, product
protection, Methods and Materials, modern trends.
— Special handling of problems- matching operations, warehousing activities, Assembly,
Air Cargo handling, Rail, Road, Truck handling, Handling Bulk Materials, Containerisation.
Paper-IV: Inventory Management
— Scope and importance of Inventory Management, Need & Types of Inventory Management.
— Reasons for holding inventories
— Cost associated with inventories
— How much to order ? E O Q formula-Ordering Tables- E O Q when costs are not known.
— Lead time and its significance.
— Cover against uncertainty of demand and supply distributions of demand -safety Stock.
— Inventory system-fixed Order Quantity system or Two Bin system-Cyclical system-
Applications.
— A B C Analysis.
— Forecasting for Inventory Control
— W. I. P. Control
— Significance of Standardisation and simplification Codification.
— Surplus and obsolete inventories.
— Design and installation of Scientific Inventory systems.
— Data processing and Inventory Control
— Management Reports for Inventory Control
— Tandon Committee recommendation on inventory norms.
— Probalistic inventory Models, inventory than over Ratio.
— Spare parts inventory Management.
— New techniques-Just in time.
— Disposal of scraps, waste, defective and rejection.
SEMESTER - II
Paper-I : Industrial Purchasing -II
— Value Analysis steps and action plan.
— Make or Buy decision in consultation with finance department.
— Disposal of surplus stores-procedure and implementation.
— Government Buying (DGS & D) procedure, Hedging and forward Buying.
— Purchase of imported goods documentation.
— Forms of record to be maintained by purchase Department.
— Import policy-import and export control act. Libralised economy in trade & commerce.
— Export (control) order-Export Trade (control) policy-export licences-Incentives on exports.
— Need for import-Announcement of import and export policy procedure for getting licence
Authorities involved and their jurisdiction.
— Import export ordering and documentations terms & conditions of orders-prices-CIF, FOB, C and F etc.
— Types of Payments in foreign Exchange Rules of R.B.I. Foreign Exchange Regulation
Act Dealers in foreign exchange.
— Types of letters of credit-their conditions compliance by the beneficiaries-Role of dealers
in foreign exchange for LCS and control of RBI on them.
— Customs clearance formalities, Documentation requirements, Powers of customs,
Assessment and levy of customs duties, duty exemptions.
— Recent trends in industrial policy in India -Liberalisation, GATT, W.T.O. Asian Common
market, Asian Development Bank & World Bank.
Paper-II : Legal Aspects in Purchasing
(1) Indian Contract Act :
Essentials of a valid contract- Valid voidable and void agreements-consideration, consent,
competence of parties, etc. -performance of contract-Quasi contract-Breach of contract-
Remedies for breach of contract with special reference to ‘damages’ -Time to be assessed of contract-Indemnity v/s. guarantee agreements-Discharge of surety-Obligation of Surety-
Bailment-rights and duties of parties-General liens v/s. particular lien-Pledge v/s. Hypothecation Principles of Agency-Rights and liabilities of Principal and Agent.
(2) Sales of Goods Act :
Commercial law -Law of contract, laws relating to insurance, carriage of goods, sale of goods, insolvency act, Arbitration, law and Regulations applicable to business houses -A Contract of sales- A Sale v/s.agreement of sell-Conditions and warranties in sale- Transfer of Title and Risk (with reference to exceptions) Rights of unpaid seller, lien stoppage in transit-Re-sale-Auction Sale.
(3) Negotiable Instruments Act :
Three kinds of N.I., V/z. B/E. charge of Pronate-Their characteristics-Processes of Negotiation- Endorsement-Meaning, kinds of effect-Holder v/s. Holder in due course-Rights-Crossing of cheques-Meaning, kinds of effect-Dishonour, noting and protest.
(4) Partnership Act :
Indian partnership act-Essential feature of partnership-Rights and liabilities of partners-
Authorities of partners-Dissolution-Reason and effect.
(5) Companies Act :
Indian Company law-Characteristics of company-Types of companies-private, public-Overall appreciation of the Companies Act.
(6) Sales Tax Act :
Concept of sale under different sales Tax Laws-Kinds of sale vis-a-vis their taxability or
otherwise-Rates of tax, concessions, exemptions and refunds-Significance of selected forms e.g. C.D, E-1, E-111 14, 15, 16, 17, 31 etc. Liability of dealer-Significance of documents, viz. registration, authorisation, recognition, licence etc.
Paper-III : Information Technology for Materials & Purchase
(1) Introduction of Computers: (Theoretical only)
— History & Evolution of Computers
— Types of Computers
— Evolution of Microprocessors
— Primary & Secondary memory
— Peripheral devices
— Introduction to Hardware & Software
(2) Software (Theoretical only)
— Operating System - Single & Multiuser O.S. Language Hierarchy
— High - level language - C/ C++
–– Introduction to D B M S & R D B M S
(3) Net working: (Theoretical only)
Topology, Protocols, Transmission media.
OSI / TCP / IP
(4) Application of Computers in materials management (Theoretical only)
— Automation
— Automated material management system
— Material Resource Planning
— Computer aided process planning (CAPP)
— Just-in-Tune (JIT)
— Effect of computers on Various aspects of labour & productivity
Paper-IV : Term Paper cum Industrial field Study.
In addition to seven papers candidates shall undergo a term paper on a practical theme of an industrial unit. It will comprise of 75 marks i.e. 40 marks for the report and 35 marks for Viva-Voce Examination after submission of the report. |
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