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Every finished product has a story to tell. And a crucial part of the story would be how it was managed during its production. The smoother the process, the more refined the product. Materials Management is how this is done.
This multi billion dollar industry needs highly qualified professionals who can procure the materials and manage their delivery, production etc. If you think you can take on this role, then there are some top materials management courses that can make you a sought after professional.
What is Materials Management?
It is the process which ensures supply chain management (i.e. procuring raw materials for manufacturing goods for customers on time) It takes care that quality materials are received on time. The process would include: purchase, production of materials, planning, supervision of work process (warehousing, shipping, distribution etc.), It also includes storekeeping, value analysis, inventory management, maintenance of the inventories etc.
Who can pursue Materials Management courses?
- You are a working professional who has experience in product management /project management
- You are an entrepreneur know the dire need for efficient handling of materials
- You have excellent time management, multitasking and people skills. You are looking for the right course.
Do any of these statements fit you? Then Materials Management courses are for you.
Eligibility Criteria for Materials Management courses
For UG Materials Management courses such as BBA you need to have (10 +2) qualification with a minimum passing percentage (50%). Some colleges give admission based on merit (10 +2 marks), but others may conduct entrance exams. And there could also be interviews.
PG Materials Management courses, you must have a Bachelor’s in BBA or any degree (B.Tech/BA/B.Sc) in any other stream. You should also have a minimum score of at least 60% aggregate in the last qualifying examination.
Entrance Exams for Materials Management courses
You can also take online Materials Management courses to enhance your knowledge and skills.
Important skills for Materials Management courses
- Logical and Analytical skills
- Problem solving skills
- Attention to detail
- Ability to work under pressure
- Technical skills
- Time Management
What will you learn in Materials Management courses?
- Financial Accounting
- Personality Development
- Computer Applications
- Research Methodology
- Human Resource Management
- Business Statistics
- Consumer Behavior
- International Business
- Transport Management
- Shipping and Transport Logistics
- Principles of Management
- Corporate Communication
- Human Resources Management
- Organizational Behavior
- Packing Distribution Management
- Total Quality Management
- Managerial Economics
- Strategic Management
- Quantitative Techniques for Management
Popular Materials Management certification courses
IIT Kharagpur vis Swayam
Career Opportunities after Materials Management courses
The careers after Materials Management courses are endless. It becomes imperative that any industry should have an adequate method for sourcing its raw materials for the development of its products. This responsibility falls to those skilled professionals who can manage the process. Some of the top careers are as follows:
- Supply Chain Manager
- Purchase Manager
- Strategic Planning Manager
- Materials Analyst
- Procurement Manager
- Warehousing Manager
- Strategic Sourcing Manager
Average salary of a Supply Chain Manager based on experience
Experience in years
Average Base Salary p.a.
INR 3,62,250 /-
1 - 4
INR 5,00,064 /-
5 - 9
INR 8,25,830 /-
10 - 19
INR 12,05,342 /-
20 & above
** Source of Salary Details: Payscale
Note: The salary details given above can vary depending on various factors such as skill, experience, company, location etc.
Scope after Materials Management courses
The idea is to use raw materials effectively and sustainably.Thus it is of utmost importance. There is a high demand in both the public and private sector. Because in both sectors, there is a need for supply chain management so that quality raw materials are available on time.
The industry offered rewarding career opportunities. To prepare yourself for this role, take the best Materials Management courses.
Q: Can I learn online materials management courses?
A: Yes. some institutes are providing recognised online materials management courses. After completion you will get a certification which can enhance your career growth.
Q: How long do materials management courses last?
A: There are short online materials management courses that can be completed in a few weeks such as materials management certification courses. Then there UG & PG are materials management courses that take up to 2 and 3 years respectively.
Q: Is a career in Materials management worth it?
A: Yes. Take any industry that produces products. All those refined products was
made from raw materials which were delivered on time. With the right materials management courses you would be able to efficiently handle the supply chain.
Q: What are the different fee structures for materials management courses?
A: Depending on the type of courses and the institute: Materials management certification courses can range upto INR 20,000/- .The fees for UG Materials management certification courses can be upto 2.5 lakhs and for PG it could be around 2 lakhs or more depending on the institute.
Q: What are the responsibilities of important topics taught in materials management courses?
A: A market analyst uses softwares to make inventory management and supply chain. You evaluate the logistics performance, come up with plans to reduce costs of raw materials, storage, shipping etc.
Q: How much can I earn after Materials management courses?
A: A supply chain manager can start with an entry salary of 3.5 lakhs and can reach upto 15 lakhs after 20 years. Along with graduation, take some of the best online materials management courses to increase your skills and prospects.
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