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Purchasing & Material Management

Every organization big or small depends on materials and services from other organizations to varying extents. These materials & services are obtained through exchange of money and the physical arrangement of it all. This function of business is responsible for the coordination of planning, sourcing, purchasing, moving, storing and controlling materials in an optimum manner so as to provide service to the customers at a pre-decided level and minimum cost. This concept is coined as Purchasing & Material Management.

Virtual Classes

What is a Virtual Class?

A Virtual Class is an online class that allows participants to communicate, view presentations and interact with trainers. Participants attend virtual class by connecting to the Internet rather than traveling to a physical classroom. Virtual class provides the benefit of flexibility and allows participants to attend classes that may not be offered in smaller cities. It is also beneficial for professionals who are extremely busy and cannot take out times to attend classes.

Virtual classes with iACT

The Virtual Classes will be conducted over the weekends. The virtual class is right in your comfort zone, you can attend this classes from your home or office. This will also provide you an opportunity to interact with the trainers and get your queries solved. Each virtual class will be recorded, in case you have missed any class, you can request for the virtual class link over the mail.

Note: To attend the Virtual Classrooms, you need to have computer & internet connection with the minimum speed of 1 Mbps.

Demo Video

Table Of Content

  • Purchasing and Material Management
  • Stock Control - Purchase Requisitions and Shortage Reports
  • Inventory Analysis
  • Price Determination
  • Legal Aspects of Purchasing
  • Purchase Budget/Order
  • Stores Organisation
  • Stock Taking and Stock Verification
  • Layout and Location System
  • Theft, Malpractice and Loss
  • Packing and Clearing and Forwarding
  • Work Orders
  • Miscellaneous Accounts Matters
  • Electronic Data-Processing

Material Management is the integrated functioning of purchasing and allied activities so as to achieve the maximum co-ordination and optimum expenditure in the area of materials.

Once the candidates have completed their training, they can take the exam required for certification.

This course is offered in collaboration with TUV SUD South Asia. Click here to know more.

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Payment Option

You can enroll for our courses by paying through the following options:

  • You can pay online using - credit card / debit card / net banking
  • You can deposit cash in HDFC or ICICI branch. Please remember to email us a copy of the deposit slip.
  • You can drop a cheque in either HDFC or ICICI (ATM / bank branch).
  • You can courier the cheque to our office and we will take care of the rest.

Payment needs to be in favour of "IACT GLOBAL EDUCATION PVT. LTD."

Payment can be made for the appropriate amount depending on which option you decide to take.

* Pricing of some of the programs may vary. Please contact us for more details

Course Duration
2 Month
Course Rating

No. of Professionals who have already been certified on Purchasing & Material Management till today


I have enrolled with IACT for TUV Production Planning & Control Certification. I am a production manager and being a TUV cerified in my domain will help me for a better career growth specially in MNCs

Total 137 Recommendation