B.A.

(Vocational Studies): Material Management

Three-Year (6-Semester) CBCS Programme

Basic Structure: Distribution of Courses

1 Foundation Courses 2 Papers of 2 Credit Hrs. each 04

(Compulsory) (Total Credit Hrs. 2X2)

2 Foundation Courses (Skill 4 Papers of 2 Credit Hrs. each 08

based) (Total Credit Hrs. 4X2)

3 Core Discipline 12 Papers of 6 Credit Hrs. each 72

(Total Credit Hrs. 12X6)

(5 Lectures and 1 Tutorial)

4 Elective Courses (Core 3 Papers of 6 Credit Hrs. each 18

Discipline) (Total Credit Hrs. 3X6)

(5 Lectures and 1 Tutorial)

5 Elective Courses (Inter 3 Papers of 6 Credit Hrs. each 18

Disciplinary) (Total Credit Hrs. 3X6)

(5 Lectures and 1 Tutorial)

Total Credit Hrs 120

 B.A. (Vocational Studies) Materials Management:
Three-Year (6-Semester) CBCS Programme

Course Structure

B.A. (VS) Materials Management

Semester – I

1.1 Environmental Studies/ Language: Foundation Course –

English/Hindi/Modern Indian Language Compulsory

1.2 English/ MIL I Core Discipline

1.3 Materials Management : An Overview Core Discipline

1.4 Financial Accounting Elective Course – Inter-

Disciplinary

Semester – II

2.1 Language: English/Hindi/Modern Indian Foundation Course –

Language/Environmental Studies Compulsory

2.2 MIL / English I Core Discipline

2.3 Stores Keeping and Stores Accounting Core Discipline

2.4 Micro Economics Elective Course – Inter-

Disciplinary

Semester – III

3.1 English/ MIL II Core Discipline

3.2 Purchase Management-I Core Discipline

3.3 Macro Economics Elective Course – Inter-

Disciplinary

3.4 Computer Concepts and Software Foundation Course – Skill

Packages Based
Semester – IV

4.1 MIL / English II Core Discipline

4.2 Purchase Management-II Core Discipline

4.3 Business Law Elective Core – Discipline

4.4 Business Communications Foundation Course – Skill

Based

Semester – V

5.1 Inventory System and Control Techniques Core Discipline

5.2 Material Logistics and Distribution Core Discipline

Management

5.3 Project Elective Core – Discipline

5.4 Internship Foundation Course – Skill

Based

Semester – VI

6.1 Supply Chain Management Core Discipline

6.2 Materials Planning and Control Core Discipline

6.3 Corporate Laws Elective Core – Discipline

Based

6.4 Quality Management Foundation Course – Skill

B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester I
PAPER- 1.3 : Materials Management : An Overview
Objectives

To introduce the student to the concept, functions, objectives and importance of

material management function in an organization. Also to give him an elementary idea of
material management linkages with other areas of management, supply chain management
and production processes.

Unit 1 10

Introduction to Materials Management : Meaning, definition, scope and

functions of Materials Management, Objectives and Advantages of Materials
Management. Interfaces of Materials Management : Internal and external
interfaces. Organisation for Material Management

Unit II 15

Supply Chain Management : Concept, objectives of supply – production and

distribution system, Role and Management of flow of material in supply chain
management.

Unit III 15

Material Management Linkages : Linkages with other functional areas of

Management i.e. Production, Accounting and Finance, Marketing, HRM, IT, TQM. A
Brief discussion on the functions of each functional area of Management.

Unit IV 15

Elements of Production Processes: Familiarity with broad categories of

production processes used in industries. Commonly used machines and tools in
industries.

Unit V 10

Cost Involved in material management : General discussion on concept of costs

and cost classification, specific costs associated with Material Management.
Suggested Readings

 Dutta A.K., Materials Management: Procedures, Text and cases, Prentice Hall
of India Pvt. Ltd., New Delhi.

 Gopalakrishnan, P. and Sundareson, M., Materials Management: An

Integrated Approach, Prentice Hall of India Pvt. Ltd., New Delhi.

 Varma, M.M., Essentials of Storekeeping and Purchasing, Sultan Chand and

Sons, New Delhi.

 Shah N.M. An Integrated concept of Materials Management, Indian Institute

of Materials Management, Baroda Branch, Baroda.

 Sharma S.C., Material Management and Materials Handling, Khanna

Publishers, New Delhi.

 Arnold, Champman and Ramakrishnan, Introduction to Materials

Management 5th ed., 2007 Pearson Education, Inc.

 Pooler Victor H. Purchasing and Supply Management, Creating the Vision,

New York, Chapman & Hall, 1997.

 Moore, J.M., Plant layout and Design, Macmillan New York.

B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester I
Paper 1.4 Financial Accounting

Duration: 3 hours Marks: 100 lectures: 65

Objectives:

To make the student familiar with generally accepted accounting principles of

financial accounting and their applications in business organizations excluding corporate
entitles.

Unit- I 15

Financial Accounting: Nature and scope, Limitations of Financial Accounting. Basic

Concepts and Conventions, Accounting Standards: Meaning, Significance, Generally
Accepted Accounting Principles (GAAP). Accounting Process: From recording of transactions
to preparation of final accounts. Rectification of errors and Bank Reconciliation statement.

Unit- II 15

(i) Consignments: Features, Accounts treatment in the books of the consignor and
consignee.

(ii) Joint Ventures: Accounting procedures: Joint Bank Account, Records Maintained by co-
venturer of (a) all transactions (b) only his own transactions. (Memorandum joint venture
account).

(iii)Inland Branches: Dependent branches only and Ascertainment of Profit by Debtors

method and Stock and Debtors method.

Unit- III 10

Depreciation Accounting: Meaning of depreciation, causes, objects of providing depreciation,

factors affecting depreciation, accounting treatment including provision for depreciation
accounting. Methods of deprecation: straight line method and diminishing balance method.
Accounting for Hire Purchase Transactions, Journal entries and ledger accounts in the books
of Hire Vendors and Hire Purchaser for large value items including Default and repossession.
Unit- IV 10

Partnership: Admission, Retirement, Dissolution of Partnership Firms: Legal Position,

Accounting for simple dissolution.

Unit- V 15

Analysis of financial statements, Common size balance sheet, Ratio analysis, Cash Flow
statement.

List of Reading

 J.R. Monga, Basic Financial Accounting, Mayur Paper backs, Darya Gang, New Delhi
 S.N. Maheshwari, Financial Accounting, Vikas Publication, New Delhi
 P.C. Tulsian, Financial Accounting, Tata McGraw Hill, New Delhi
 Ashok Sehgal and Deepak Sehgal, Fundamentals of Financial Accounting, Taxmann,
New Delhi
 R. NarayanaSwarmy, “Financial Accounting” PHI Pvt., New Delhi
 S.P. Jain and K.L. Narang, Advanced Accounting, Kalyani Publishers New Delhi
 Ashok Sehgal and Deepak Sehgal, Fundamentals of Financial Accounting, Taxmann,
New Delhi
 Naseem Ahmed, Nawab Ali Khan, M.L. Gupta, Financial Accounting, Ane Books Pvt.
Ltd. New Delhi

Note: Latest edition of text book may be used.

B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester II
Paper 2.3 Stores Keeping and Stores Accounting

Duration: 3 hours Marks: 100 lectures: 65

Objectives: To apprise the students about the store-keeping function and the
accounting procedure involved in it.

Unit I 10

Storekeeping : Introduction, objectives and functions of storekeeping, location

and layout of stores. Types of stores.

Unit II 25

Receipt of Materials : Receipt procedure, inspection and testing of materials,

Rejection and Returns of materials. Forms used in receiving of materials like
Material Received Note, Inspection Report, Rejection Report etc. Passing of
Bills/invoices for payment.

Codification of Materials : Need for codifications of materials, different methods

of codification of materials, suitability criteria.

Unit III 15

Issue of Materials : Issue procedure and documents used, store records like
bincard and store ledger, pricing of material issues – different methods like FIFO,
LIFO, Simple average, weighted average, standard price, Replacement / market
price etc.

Unit IV 5

Material loses: Meaning, accounting treatment and control of different type of

material losses (waste, scrap, spoilage, defectives, obsolescence etc.).

Unit V 10

Store Handling Equipments : Advantages of using stores handling equipments,

Types of handling equipments: manual and mechanical devices.
Suggested Readings

 Dutta A.K., Mateerials Management: Procedures, Text and cases, Prentice

Hall of India Pvt. Ltd., New Delhi.

 Gopalakrishnan, P. and Sundareson, M., Materials Management: An

Integrated Approach, Prentice Hall of India Pvt. Ltd., New Delhi.

 Varma, M.M., Essentials of Storekeeping and Purchasing, Sultan Chand and

Sons, New Delhi.

 Shah N.M. An Integrated concept of Materials Management, Indian Institute

of Materials Management, Baroda Branch, Baroda.

 Sharma S.C., Material Management and Materials Handling, Khanna

Publishers, New Delhi.

 Arnold, Champman and Ramakrishnan, Introduction to Materials

Management 5th ed., 2007 Pearson Education, Inc.

 Menon K.S. (1995) Purchasing and Inventory Control, 3rd Ed. Wheeler
Publishing, Allahabad.

 Saxena V.K. & Vashisht C.D.: Cot Accounting, Sultan Chand and Sons, New
Delhi.

 Maheshwari and Mittal, Cost Accounting : Principles and Practice, Shree

Mahavir Book Depot, Delhi-6.

 Arora M.N. Cost Accounting, Vikash Publishing House Pvt. Ltd. New Delhi.
B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester III
Paper 3.2 Purchase management I

Duration: 3 hours Marks: 100 lectures: 65

Objectives

The Course equips the students about purchasing and its systems and
procedure. It also gives an understanding of price forecasting, special purchase
systems, pubic buying and online purchasing.

Unit I 15

Purchase Management: Introduction, importance and functions of purchase

Department, Organisation for purchase function, centralized and decentralised
purchasing, objectives of purchasing i.e. 6R’s of purchasing.

Unit II 15

Purchase Procedure : Pre-purchase considerations, standard purchase procedure,

post-purchase issues. Standard form used in purchasing like purchase requisition,
tender / quotation documents, schedule of quotations, purchase order, follow-up
order, cancellation of order, Bill of Materials etc.

Unit III 15

Special Purchase Systems – Forward Purchase, Tender purchase, Blanket order,

zero stock, Rate contract etc.

Price Forecasting: Price and Pricing impact, price negotiations and fixing.
Purchasing under fluctuating prices, purchasing under uncertainty, Negotiations
regarding quality, terms of contract, delivery, payment schedule, cash discount,
quality considerations, etc.

Unit IV 10

Public Buying : DGS&D Rate contract, Buying from Kendriya Bhandars NICSI etc.
Unit V 10

Online Purchasing : Concept, advantages, procedure of online purchasing and

current online purchase practices.

Suggested Readings

 Dutta A.K., Materials Management: Procedures, Text and cases, Prentice Hall
of India Pvt. Ltd., New Delhi.

 Gopalakrishnan, P. and Sundareson, M., Materials Management: An

Integrated Approach, Prentice Hall of India Pvt. Ltd., New Delhi.

 Varma, M.M., Essentials of Storekeeping and Purchasing, Sultan Chand and

Sons, New Delhi.

 Shah N.M. An Integrated concept of Materials Management, Indian Institute

of Materials Management, Baroda Branch, Baroda.

 Sharma S.C., Material Management and Materials Handling, Khanna

Publishers, New Delhi.

 Arnold, Champman and Ramakrishnan, Introduction to Materials

Management 5th ed., 2007 Pearson Education, Inc.

 Pooler Victor H. Purchasing and Supply Management, Creating the Vision,

New York, Chapman & Hall, 1997.

 Lee, L. and Dobler, D.W. (1984), Purchasing and Materials Management,

McGraw Hill, New York.

 Pertman, K.I. (1990). Handbook of Purchasing and Materials Management,

Probus Publishing Company, Chicago.

 Willets, W.F. (1969). Fundamentals of Purchasing, Appleton-Century-Crafts,

New Delhi.

 Saxena V.K. & Vashisht C.D.: Cost Accounting, Sultan Chand and Sons, New
Delhi.
B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester IV
Paper 4.2 Purchase Management II

Duration: 3 hours Marks: 100 lectures: 65

Objectives:

To acquaint the student to ethical, legal, quality and other issues involved in purchase
management. Also to give him an understanding of procedure for international purchasing
and import substitution.

Unit I 10

Buyer- seller Relationship: Importance of good buyer-seller relationship, Relation with

supplier-policies and issues in relationship, Ethical issues in purchasing.

Unit II 20

Legal issues in Purchasing: Law of Contract, Contract of Sale of Goods, Conditions and
Warranties, Rules Regarding Transfer of Property. Negotiable Instrument Act, IT Act 2000

Unit III 10

Insurance Buying : Arranging adequate insurance cover and claim management.

Quality Control in Purchasing: Concept of Total Quality Management (TQM),

Certification, Role of Material Management in TQM. Value Analysis and Value Engineering.

Unit IV 15

International Purchasing: Need for International Purchase, Direct and Indirect Buying.
Procedure, Documentation and Legal-Framework of International Purchasing.

Unit V 10

Import Substitution : Research and Development, Transfer of Technology,

Standardization, Problems in Import Substitution.

Suggested Readings

 Dutta A.K., Materials Management: Procedures, Text and cases, Prentice Hall of India
Pvt. Ltd., New Delhi.
 Gopalakrishnan, P. and Sundareson, M., Materials Management: An Integrated
Approach, Prentice Hall of India Pvt. Ltd., New Delhi.

 Varma, M.M., Essentials of Storekeeping and Purchasing, Sultan Chand and Sons,
New Delhi.

 Shah N.M. An Integrated concept of Materials Management, Indian Institute of

Materials Management, Baroda Branch, Baroda.

 Sharma S.C., Material Management and Materials Handling, Khanna Publishers, New
Delhi.

 Arnold, Champman and Ramakrishnan, Introduction to Materials Management 5th

ed., 2007 Pearson Education, Inc.

 Pooler Victor H. Purchasing and Supply Management, Creating the Vision, New York,
Chapman & Hall, 19997.

 Bailky, P. and Farmer, D. (1977). Purchasing Principles and Techniques, Pitman,

London.

 Zenz, G.J. (1981). Purchasing and the Management of Materials, John Wiley, New
York.

 Combs, P.H. (1976). Handbook of International Purchasiong, Cahners Books, Books,

Boston.

 Hakansson H. (1982), International Marketing and Purchasing of Industrial Goods,

John Wiley, New York.
B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester IV
Paper 4.3 Business Law

Duration: 3 hours Marks: 100 lectures: 65

Objectives: The objective of the course is to impart basic knowledge of the important
business laws along with relevant case law.

Unit I: The Indian Contract Act, 1872 20

Contract – meaning, characteristics and kinds, Essentials of valid contract - Offer and
acceptance, consideration, contractual capacity, free consent, legality of objects, Void
agreements, Discharge of contract – modes of discharge including breach and its remedies,
Contingent contracts, Quasi contracts

Unit II: The Indian Contract Act, 1872: Specific Contracts 10

Contract of Indemnity and Guarantee, Contract of Bailment, Contract of Agency

Unit III: The Sale of Goods Act, 1930 10

Contract of sale, meaning and difference between sale and agreement to sell, Conditions
and warranties, Transfer of ownership in goods including sale by non-owners, Performance
of contract of sale, Unpaid seller – meaning and rights of an unpaid seller against the goods
and the buyer.

Unit IV: Partnership Law 15

The Partnership Act, 1932: Nature and Characteristics of Partnership, Registration of

Firms, Types of Partners, Rights and Duties of Partners, Implied Authority of a Partner,
Incoming and outgoing Partners, Mode of Dissolution of Partnership

The Limited Liability Partnership Act, 2008: Salient Features of LLP, Difference between
LLP and Partnership, LLP and Company, LLP Agreement, Partners and Designated Partners,
Incorporation Document, Incorporation by Registration, Partners and their Relations,
winding up

Unit V: The Negotiable Instruments Act, 1881 10

Meaning and Characteristics of Negotiable Instruments : Promissory Note, Bill of Exchange,

Cheque, Holder and Holder in due Course, Privileges of Holder in Due Course, Negotiation:
Types of Endorsements, Crossing of Cheque, Bouncing of Cheques
Suggested Readings

 Kuchhal, M.C. and VivekKuchhal, Business Law, Vikas Publishing House, New Delhi.
 Dagar Inderjeet & Agnihotri Anurag “Business Law” Galgotia Publishing Company,
New Delhi
 Singh, Avtar, Business Law, Eastern Book Company, Lucknow.
 Maheshwari&Maheshwari, Business Law, National Publishing House, New Delhi.
 GoyalBhushan Kumar and Jain Kinneri, Business Laws, International Book House

Note: Latest edition of text books may be used.

B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester IV
Paper 4.4 Business Communication

Duration: 3 hours Marks: 100 lectures: 65

Objectives

To equip students of the B.A(VS) course to effectively acquire skills in reading, writing,
comprehension and communication, as also to use electronic media for business
communication.

Unit I 15

Nature of Communication Process of Communication, Types of Communication (verbal &

Non Verbal), Importance of Communication, Different forms of Communication, Barriers to
Communication Causes, Linguistic Barriers, Psychological Barriers, Interpersonal Barriers,
Cultural Barriers, Physical Barriers, Organizational Barriers

Unit II 15

Business Correspondence: Letter Writing, presentation, Inviting quotations, Sending

quotations, Placing orders, Inviting tenders, Sales letters, claim & adjustment letters and
social correspondence, Memorandum, Inter -office Memo, Notices, Agenda, Minutes, Job
application letter, preparing the Resume.

Unit III 15

Report Writing Business reports, Types, Characteristics, Importance, Elements of structure,

Process of writing, Order of writing, the final draft, check lists for reports.

Unit IV 10

Vocabulary Words often confused, Words often mis spelt, Common errors in English.

Unit V 10

Oral Presentation Importance, Characteristics, Presentation Plan, Power point presentation,

Visual aids.
Suggested Readings:

 Lesikar, R.V. &Flatley, M.E.; Basic Business Communication Skills for Empowering
the
 Internet Generation, Tata McGraw Hill Publishing Company Ltd. New Delhi.
 Bovee, and Thill, Business Communication Today, Pearson Education
 Shirley Taylor, Communication for Business, Pearson Education
 Locker and Kaczmarek, Business Communication: Building Critical Skills, TMH

Note: Latest edition of text books may be used.

B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester V
Paper 5.1 Inventory systems and control techniques

Duration: 3 hours Marks: 100 lectures: 65

Objectives:

To apprise the students about inventory systems, valuation of inventories, inventory

decisions and other inventory control techniques.

Unit I 10

Inventories : Meaning, types of inventories, definition as per relevant accounting standard,

Need and benefit of holding inventories, objectives of inventory management.

Unit II 15

Inventory systems and Valuation of Inventories: Periodic inventory system, Perpetual

inventory system including continuous stock taking. Valuation of inventories as per relevant
accounting standard under different methods and systems, valuation as per LIFO Method
also. Inventory methods with specific reference to different industries

Unit III 25

Inventory Decisions: Types of inventory decisions, relevant costs involved in inventory

decisions. Quantity order decision – Economic Order Quantity and its calculation as per
tabular, graphical and mathematical approaches, EOQ with quantity discount, Re-order
decision : Fixation of Various levels and determination of re-order point, safety stock etc. Q
System, P system.

Unit IV 15

Other Inventory Control Techniques: Selective Inventory Control – ABC Analysis,

Material, Turnover Ratio: Calculation and Importance, FSN Analysis, JIT Approach, VED
Analysis. Management of Process Inventories (WIP). Spares Parts Management

Suggested Readings

 Monga J.R. Financial Accounting, Mayur Paperbacks, New Delhi.

 Sehgal, Ashok and Sehgal Deepak, Financial Accounting, Taxmann’s New Delhi.

 Singh, Surender and Kaur, Rajeev, Basic Financial Management, Mayur Paperbacks,
New Delhi.
 Saxena V.K. & Vashisht C.D.: Cost Accounting, Sultan Chand and Sons, New Delhi.

 Tulsian PC, Financial Accounting, Pearson Education.

 Maheshwari and Mittal, Cost Accounting : Principles and Practice, Shree Mahavir
Book Depot, Delhi-6.

 Arora M.N. Cost Accounting, Vikash Publishing House Pvt. Ltd. New Delhi.
B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester V
Paper 5.2 Material Logistics and distribution management

Duration: 3 hours Marks: 100 lectures: 65

Objectives:

The course acquaints the student to the concept and importance of material logistics and
distribution task like transportation and warehousing.

Unit I 10

Material Logistics : Concept and Importance of Material Logistics. Logistic Tasks:Follow-up

of Order, Transportation, Warehousing, Inventory Control, Information Monitoring. Logistic
Planning: Major Aspects and Factors.

Unit II 15

Transportation: A Brief Study of different modes of transport used for movement of

materials, their relative advantages, disadvantages and suitability.

Road Transport: Road System, Role of Road Transport in Movement of Materials, Role of
National Highway Authority of India, Limitations of Road Transport System, Consignment
Note.
Rail transport: India Railway Network and Role in Transportation of Materials and Cargo,
Consignment Note.

Unit III 15

Air transport : Role of Air Transport in Domestic and International Transportation of

Goods. Role of Ministry of Civil Aviation, Airport Authority of India and Directorate General
of Civil Aviation, Air Waybill, Contract of Affraightment.
Water transport : Inland Water Transport : Role of Inland Water Transport Inland Waterways:
Inland Waterways Authority of India.
Ocean transport : Role of Ocean Transport in International Trade, Structure of Shipping
Services – Liner Shipping and Tramp/Charter Shipping, Conference System and Determination of
Rates, Bill of Lading and Charter Party.

Unit IV 10

Multi-Model Transport System : Concept and advantages of Multi-Model Transport

System. Containerization: Need and Advantages of Containerization, Inland Container
Depots (ICDs) and Container Freight Stations (CFSs).
Unit V 15

Warehousing : Concept of Warehousing (Warehouse, Depositor and Warehouseman),

Elements and Functions of Warehousing. Role of Warehousing in Economic Development,
Types of Warehousing, Advantages of a Public Warehouse, Costs Associated with
Warehousing, Warehousing Corporations in India, Objectives and Functions of Warehousing
Corporations.

 Suggested Readings
 Dutta A.K., Materials Management: Procedures, Text and cases, Prentice Hall
of India Pvt. Ltd., New Delhi.

 Gopalakrishnan, P. and Sundareson, M., Materials Management: An

Integrated Approach, Prentice Hall of India Pvt. Ltd., New Delhi.

 Varma, M.M., Essentials of Storekeeping and Purchasing, Sultan Chand and

Sons, New Delhi.

 Shah N.M. An Integrated concept of Materials Management, Indian Institute

of Materials Management, Baroda Branch, Baroda.

 Sharma S.C., Material Management and Materials Handling, Khanna

Publishers, New Delhi.

 Arnold, Champman and Ramakrishnan, Introduction to Materials

Management 5th ed., 2007 Pearson Education, Inc.

 Pooler Victor H. Purchasing and Supply Management, Creating the Vision,

New York, Chapman & Hall, 19997.

 Dutta A.K., Material Management, Inventory Control and Logistics, Jaicoi

Publishing House, Mumbai.

 Roy Chaudhary, E.K. : Logistics Management

 Sharma SC: Warehousing and Distribution.

 Gopalakrishna, P. and Shandilya M.S. : Stores Management and Logistics.

 Martin Christopher : Logistics – The Strategic Issues.

B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester VI
Paper 6.1 Supply chain management

Duration: 3 hours Marks: 100 lectures: 65

Objectives:

To acquaint the student about the production process pertaining to an Industrial unit and
also to develop skills in the areas of Supply Chain Management.

Unit I 20

Statistical Presentation: Elements of data representation for (i) Tabulation and

cumulative frequency, (ii) histogram, (iii) measures of central Tendency, (iv) Probability
Theory (Basic concepts excluding non-conditional and Bayes Theorem)

Unit II 10

Quality Management Concepts: ISO Certification. Methods of Control: Product, Process,

Risk, Evolution, Management Approaches, Quality Management Support System. R Chart, P
Chart and X charts; Acceptance Sampling & OC Curve in production Control.

Unit III 15

Supply Chain Management: Supply management an organization spanning activity. How

purchasing becomes supply management? Supply Management and the Bottom line. The
four phases of supply management. (Generation of requirement, sourcing, pricing and post-
Award activities). Supply management systems: B2B, Strategic Supply Management.

Unit – IV 20

Enabling Concepts in Supply: Buyer-supplier relationship: Developing and Managing

collaboration and Alliance relationship. Cross-functional teams and supply-Management
Activities. Challenges and problems with cross functional approach, ERP Systems,
Negotiations and Bidding, Information sharing.

Suggested Readings

 Vohra N.D., Quantative Techniques in Management, 3rd edition, McGraw Hill

 Anderson, Sweeney & Williams, Quantative Methods for Business, South Western
Cengage

 Render Barry, Stair, Hanna & Badri, Quantative Analysis for Management, 10th
Edition, Prentice Hall

 Saxena Anurag & Kaushik Sircar, Logistics & SCM, Jaico Publishing House.

 Fawcelt, Ellram & Ogden, Supply Chain Management, From Vision to

Implementation, Pearson education

 Chopra S, Meinde P & Kalra D.V. SCM-Strategy Planning & Operation, 3rd Edition,
Pearson Education

 Bowersox D, Class J. David & Cooker, Supply Chain Logistics Management, McGraw
Hill

 Chitale A.K, Gupta RC, Material Management-Text & Cases, Eastern Economy Edition

 Kulkarni & Ashok Sharma, SCM, Tata McGraw Hill

B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester VI
Paper 6.2 Material Planning and control

Duration: 3 hours Marks: 100 lectures: 65

Objectives: To apprise the student to the concept of material planning and control and
various methods and techniques used for the purpose.

Unit I 15

Budgetary Control : Meaning of Budget, Types of Budgets, Budgetary Control System,

Material Requirement Planning, Principal Budget Factor, Budget Manual, Preparation of
Different Types of Budgets Like Sales, Production, Material Consumption, Purchase Budget
etc. Fixed and Flexible Budget.

Unit II 10

Standard Costing : Meaning of standard cost, Standard Costing System, Material Cost
Variance Analysis.

Unit III 20

Elements of Marginal costing and Decision making : Marginal Cost, Fixed and Variable
Costs (Period and Product Costs), Marginal Costing System, Marginal Cost Equation, Profit –
Volume Ratio, Break Even Point, Break Even Chart, Margin of Safety, Cost-Volume Profit
Analysis and its Uses, Concept of Relevant Costs in Decision Making. Simple Decision
Making Problems including Make or Buy Decision, Domestic versus International Purchase.

Unit IV 10

Computers in Material Management: Use of Computers in Material Planning, Purchase,

Store, Issue and Inventory Control. Integrated Information System for Material
Management.

Unit V 10

Evaluation of Material Management Function : Meaning and Procedure. Evaluation

Tools and Techniques.
Suggested Readings

 Maheshwari & Mittal , Management Accounting, Shree Mahavir Book, Depot, New
Delhi.

 Arora M.N., Management Accounting, Vikas Publishing House Pvt. Ltd.

 Jain IC, Management Accounting, Taxman New Delhi,

 Saxena, V.K. and Vashist CD, Cost and Management Accounting, Sultan Chand and
Sons, New Delhi.

 Pandey I.M. Management Accounting, Vikas Publishing House (Pvt.) Ltd., New Delhi.

 Singh & Gupta, Management Accounting, Pinnacle Learning, New Delhi.

 Dutta A.K., Materials Management: Procedures, Text and cases, Prentice Hall of India
Pvt. Ltd., New Delhi.

 Gopalakrishnan, P. and Sundarson, M., Materials Management: An Integrated

Approach, Prentice Hall of India Pvt. Ltd., New Delhi.

 Shah N.M. An Integrated concept of Materials Management, Indian Institute of

Materials Management, Baroda Branch, Baroda.
B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester VI
Paper 6.3 Corporate Laws

Duration: 3 hours Marks: 100 lectures: 65

Objectives: The objective of the course is to impart basic knowledge of the provisions of
the Companies Laws and the Depository Laws along with relevant case law.

Unit I 15

Introduction: Characteristics of a company, concept of lifting of corporate veil, Types

of companies, association not for profit, illegal association, Formation of company –
Promoters, their legal position, pre-incorporation contract and provisional contracts.
Documents – Memorandum of Association, Articles of Association, Doctrine of Constructive
Notice and Indoor Management, Prospectus and Book Building process

Unit II 15

Share Capital – issue, allotment and forfeiture of share, demat of share, transmission
of shares, buyback, share certificate and share warrant, Members and shareholder – their
rights and duties.shareholders meetings, kinds, convening and conduct of meetings, AGM,
EGM, Class meetings.

Unit III 15

Management – Directors, classification of directors, dis-qualifications, appointment,

legal position, powers and duties, disclosures of interest, removal of directors, board
meetings, Key managerial personnel and remuneration, Dividend Provisions and issue of
bonus shares. Investigations. Audit and accounts

Unit IV 15

Winding up – concept and modes of winding up, Emerging issues in company law: One
Person Company (OPC), Small Company, Postal Ballot, Small Shareholders on Board,
Director Identity Number (DIN), Corporate Identity Number (CIN), MCA-21, Online Filing
of Documents, Online Registration of Company,National Company Law Tribunal (NCLT),
Limited Liability Partnership (LLP), Insider Trading,Rating Agencies, Producer Company –
concept and formation.

Unit V: 5
Depositories Act 1996: Definitions, Rights and Obligations of Depositories, Participants
Issuers and Beneficial Owners, Inquiry and Inspections, Penalty.

Suggested Readings:

 Kucchal MC “ Company law” Mahavir book depot

 Dagar Inderjeet and AgnihotriAnurag “Corporate laws” Galgotia publishing company,
New Delhi
 Singh Avtar “Company law” Modern law house
 Sharma J. P, “An Easy Approach to Corporate Laws”, Ane Books Pvt Ltd, New Delhi.
 Bharat Law House, New Delhi, “Manual of Companies Act, Corporate Laws and SEBI
Guidelines”.
 Kannal, S., & V.S. Sowrirajan, “Company Law Procedure”, Taxman‟s Allied Services
(P) Ltd., New Delhi (Latest Edn)
 Charlesworth& Morse, “Company Law”, Sweet & Maxwell”, London, U.K.
 Gowar, LCB, “Principles of Modern Company Law”, Stevens & Sons, London.
B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester VI
Paper 6.4 Quality Management

Duration: 3 hours Marks: 100 lectures: 30

Objectives: The basic objective is to provide basic understanding of quality management.

Unit I 10

Quality, Strategic Planning, and Competitive Advantage: Brief History - Modern

Developments in Quality - A Race Without a Finish Line. Definitions of Quality. Quality in
Manufacturing and Service Systems. Economic Issues - Quality and Price - Quality and
Market Share - Quality and Cost - The Taguchi Loss Function. Quality & Competitive
Advantage. Perspectives on Leadership for Quality - The Balridge View of Leadership. The
Deming Management Philosophy – Profound Knowledge – The Impact of Profound
Knowledge – Deming's 14 Points for Management. The Juran Philosophy – The Juran Quality
Trilogy. The Crosby Philosophy.

Unit II 10

Customer Focus: The Customer-Driven Quality Cycle – Identifying Customer Needs –

Achieving Customer Requirements in Production – Implications of the Customer-Driven
Quality Cycle. Quality Function Deployment – The Quality Function Deployment Process -
Building the House of Quality – Implementing Quality Function Deployment. Designing
Quality into Services - Service Needs Identification – Service System Design. Customer
Satisfaction Measurement Techniques - Customer Relationship Management Techniques.

Unit III 10

Quality Control and Quality Assurance, Managing and organization for quality: Quality
Policy – Quality Objectives, – Leadership for Quality, Quality Management Standards:
(Introductory aspects only):

a. The ISO 9001:2000 Quality Management System Standard

b. The ISO 14001:2004 Environmental Management System Standard

c. ISO 27001:2005 Information Security Management System

d. ISO / TS16949:2002 for Automobile Industry

e. CMMI Fundamentals & Concepts

Suggested Readings

 Quality Control - Dale H Bester field – Pearson Education

 Total Quality Management – Sundarrajan
 Quality Control & Total Quality Management – Jain
 The essence of Total Quality Management – Hunsen & Ghare
 Managing for Total Quality – Logothetic
 Quality Problem Solving – Smith
 ISO 9000 – Kairon
 Manuals of various standards.