Procurement and MaterialsMaterials Management
Materials management sits between procurement and production and is measured on whether material is available without an unreasonable amount of capital standing still. This course covers the balance. Delegates work through demand forecasting and its error, material requirements planning and the bill of materials that drives it, and the ordering policies that follow including reorder point, periodic review and lot sizing. Safety stock is calculated from service level and variability rather than assumed. Classification directs effort to the items that matter, and the course closes on supplier lead time management and on the coordination between materials, procurement and production that most organisations do informally.
Course objectives
- Forecast demand and quantify the error in the forecast
- Apply material requirements planning from a bill of materials
- Select ordering policies and lot sizing methods
- Calculate safety stock from service level and variability
- Classify materials and match control effort to value and criticality
- Manage supplier lead time and its variability
- Coordinate materials, procurement and production deliberately
Who should attend
- Materials managers, planners and controllers
- Procurement and supply chain professionals
- Production planning staff
- Inventory analysts
- Maintenance planners managing spares
Course outline
- 01The balance materials management is measured on
- 02Demand forecasting and forecast error
- 03Material requirements planning and the bill of materials
- 04Ordering policies and lot sizing
- 05Safety stock from service level and variability
- 06Classification and control effort
- 07Supplier lead time management
- 08Coordination across functions
Scheduled sessions
| Dates | Venue | Format | Price | Register |
|---|---|---|---|---|
| 21 to 25 September 2026 | Windhoek, Namibia | Classroom | R19,950 per delegate | Register Now |
| 12 to 16 October 2026 | Lusaka, Zambia | Classroom | USD 1,325 per delegate | Register Now |
| 30 November to 4 December 2026 | Kampala, Uganda | Classroom | USD 1,325 per delegate | Register Now |
| 22 to 26 February 2027 | Online | Online | R8,500 per delegate | Register Now |
| 8 to 12 March 2027 | Lagos, Nigeria | Classroom | USD 1,325 per delegate | Register Now |