Concept Of Material Management Ppt

Introduction material is defined as equipment apparatus and supplies used by an organization for the purpose of rendering services the basic objective of management is to optimize the resources i e.

Concept of material management ppt. The concept of materials management is thus engaging general management too to get itself involved more and more and devise the ways and means to make an all out effort to maximize efficiency in materials control through materials management personnel. There are certain principles that govern material management. Material management department for the flow of materials from the time the materials are ordered received and stored until they are used is the basis of material management. Principles of material management mit school of distance education material management is the process of planning executing directing coordinating monitoring and controlling of all the processes that are associated with the materials required in the industries.

Scope of materials management. Store is an important component of material management since it is a place that keeps the materials in a way by which the materials are well accounted for are maintained safe and are available at the time of requirement. Materials management ppt and pdf. Materials management ppt 1.

Sometimes it refers to the process of planning organizing staffing directing coordinating and controlling at other times it is used to describe it as a function of managing people. Material management madhur verma pg jr 2. The term management has been used in different senses. Ballot 2006 defines material management as the process of planning acquiring storing moving and controlling materials to.

Inventory issue materials purchase raw materials receipt stores. Definitions concept objectives and scope. Materials management is a process through which a firm or company is supplied with goods and services which it requires for succeeding in its goals of buying movement of materials and storing the parameters related to materials management are as follows. Process of management concerned with planning organizing and controlling of the flow of materials to through and out of an organization in an integrated fashion materials management 3.

Men money materials machines minutes time 3. Or material management is a scientific technique concerned with planning organizing control of flow of materials from their initial purchase to destination. Calawod janica v bela ong mary grace p. Furnishing the appropriate material of true quality.