Value analysis, cost analysis, and business ethics are also studied. Attention is focused upon distribution channels, traffic management, warehousing, inventories, organization, control, and communication. Heavy emphasis is given to distribution design and distribution system analysis. Brief exposure to the methods of calculating costs in various modes and routings and operational aspects of the transportation function are offered to enable the materials manager to better understand and evaluate available alternatives. 160 or Prod.
Further attention is devoted to material requirements planning.
Emphasis is given to the managerial aspects of purchasing, contract negotiations and administration, and speculative purchasing. It presents concepts on how distribution resource planning can help achieve improvements in customer service, reductions in inventory levels, and reductions in the cost of operating a physical distribution network. The relationships between the functions of forecasting, order service, demand planning and control, production planning, master production scheduling, final assembly scheduling, and shipping scheduling are presented.