Objectives Of Material Management
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The following are the primary objectives.
Objectives of material management. But it will be wrong to presume that this is the only factor that induces a firm to build up materials management. They are meant for furthering objectives of the enterprise as a whole. 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. Objectives of materials management there are at least nine objectives of materials management each in some way or the other contributes to the achievement of some overall company objectives.
An essential objective of material management is to ensure the quality of the material. The material manager checks the quality of all the supplied material before it is used for manufacturing purposes and discuss with the supplier if any difference is observed in the quality of the material. 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. To assist technical design department in developing new materials and products.
The objectives of material management can be classified into two categories viz. Objectives scope and functions. Cost is a very important factor and perhaps the most important factor for materials management. Primary objectives and secondary objectives.
To ensure standardization of materials. Objectives of materials management. To contribute in the product improvement. 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.
One of the primary objectives other than the objective of cost control of materials. If the contribution is direct the objective may be called â primaryâ. The objectives of materials management cannot be treated in isolation. Objective of material management.
Materials management aims at reducing the cost of production and distribution so as to help the whole of the enterprise. Materials management help in achieving its objectives helping organization in. To make economic make or buy decisions. Material management definition objective of material management material management.
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