Objectives 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.
Objectives of material management ppt. Maintaining the continuity of production by a purchasing goods of right quality in right quantity at right time from a right source on right terms and conditions and at a comparatively low cost and. Materials management ppt and pdf. Material management madhur verma pg jr 2. The following are the primary objectives.
Furnishing the appropriate material of true quality. The main objective of materials management is therefore to help the enterprise to attain its total objectives. It may do so by. 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.
The objectives of material management can be classified into two categories viz. 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. 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. Primary objectives and secondary objectives.
Inventory issue materials purchase raw materials receipt stores. Materials management is concerned with management functions supporting the complete cycle of material flow from the purchase and internal control of production materials to planning and control of work in process to warehousing shipping and distribution of the finished product. If materials department succeeds in reducing the price of items it buys it contributes in not only reducing the operating cost but also in enhancing. Materials management ppt 1.
The materials management goal is to ensure that building materials in their perspective when you need to materials management system attempts to ensure that the correct quality and quantity of material is appropriate purchase delivery and on site processing in a timely manner and at a reasonable cost materials management system attempts to. Men money materials machines minutes time. The parameters related to materials management are as follows. Objectives scope and functions.
Materials management ppt and pdf. 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.