Material Management Professional
Material Management Professional
Material Management
Material management is responsible for planning, sourcing, purchasing, moving, storing and controlling materials in a judicial manner to provide the best services to the customers at a pre-decided and minimum level cost. Therefore, being a material management professional is itself a very challenging job and clearing the exam is not easy as well but it’s not impossible.
Table of Content
The Material Management Professional exam covers the following topics -
• Purchase Management
• Strategic Management
• Sourcing Strategy
• Ethics in Procurement
• Materials Management
• Vendor Management
• Material Planning
• Materials Budgeting
• Contract Management
• Material Classification, standardization and Codification
• Inventory Management
• Forecasting
• Quality Management and IT
Material Management Professional FAQs
What are the exam objectives?
• Purchase Management
• Strategic Management
• Sourcing Strategy
• Ethics in Procurement
• Materials Management
• Vendor Management
• Material Planning
• Materials Budgeting
• Contract Management
• Material Classification, standardization and Codification
• Inventory Management
• Forecasting
• Quality Management and IT
What are the career prospects after completing the exam?
• Risk management
• Material manager
• Purchasing manager
• Waste management
Who is a material management professional?
Material management is responsible for planning, sourcing, purchasing, moving, storing and controlling materials in a judicial manner to provide the best services to the customers at a pre-decided and minimum level cost. Therefore, being a material management professional is itself a very challenging job and clearing the exam is not easy as well but it’s not impossible.
Who is the target audience for this exam?
This exam is specially intended for:
• Executives
• Senior executive
• Purchase Managers
• Material management department employees
What skills are required for this exam?
• Management skills
• Analytical skills
• Forecasting and budgeting
• Communication skills
• Problem-solving and decision-making