"It is the branch of logistics that deals with the tangible components of a supply chain which covers the acquisition of spare parts/replacements, quality control of purchasing and ordering such parts/replacements, and the standards involved in ordering, shipping, and warehousing the said parts/replacements."
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that is when u know were ur materials rand u don't leave them layong around any were now u know
One advantage of material management is the ability to control pollution. A disadvantage to material management is the fact that it can be a complex area of business.
There are many great importance reasons for the management of material. This management leads to more effective and efficient decisions.
Materials management decreases waste for the organization. With a good materials management practice, an organization can improve their bottom line.
Many things are involved in the management of material. Some things that are involved in the management of material include planning, organizing, directing, and coordinating the many activities that concern the materials.
answer me the following question Material-Costing Quantitative tools of Inventory Management?
What is the evolution of materials management? What is the evolution of materials management?
material management is cylcle of materials and money
what is the application of ICT in stores management
Material management deals with the building design for the movements of the materials. It also leads with the logistics as far as the movement of the materials is concerned.
Material management is important because poor management can increase a companies overhead costs. Proper management must occur to keep materials fresh and readily available without having too much on hand.
The role of purchasing in material management is to make sure there is enough material so that production continues smoothly. Another role is to fund the materials at the lowest price possible.
Material management helps businesses remove waste from the premises. If no one managed waste, then the organization wouldn't be able to meet production.