Materials Management PPT: Role, Purpose, Objective and Principles Free Download: A key component of supply chain management is materials management, which entails the design and execution of supply chains to satisfy a company’s or organization’s need for materials. The control and regulation of material flow is one of these criteria, along with simultaneous evaluation of factors including demand, pricing, availability, quality, and delivery schedules.

Materials Management PPT: Role, Purpose, Objective and Principles

Material managers establish inventory levels for each type of item (raw materials, work-in-progress, or finished goods), decide how much material is needed and kept on hand, plan for the replenishment of these stocks, and communicate information and needs to procurement operations and the wider supply chain. In order to meet client requests, adhere to a production schedule, and do it at the lowest cost, materials management also include evaluating material quality.

Table of Content

  • Introduction
  • What is Materials Management?
  • Role of Materials Management
  • Purpose of Material Management
  • Objective of material management
  • Basic principles of material management  
  • Materials management  functions
  • Advantages of material management
  • Conclusion
  • References

Materials Management PPT: Role, Purpose, Objective and Principles

Sumit ThakurGeneral Seminar TopicsMaterials Management PPT: Role, Purpose, Objective and Principles Free Download: A key component of supply chain management is materials management, which entails the design and execution of supply chains to satisfy a company's or organization's need for materials. The control and regulation of material flow is one of these...