answersLogoWhite

0

Material management is the approach an organization takes to properly plan, organize, and control anything concerned with the flow of materials and resources related to or needed by the group. The philosophy is that good material management will keep an organization in resources and in business.

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

Controbutor to the development management theories and philosophy?

what is the development management theories and philosophy


Discuss the evolution of materials management?

What is the evolution of materials management? What is the evolution of materials management?


What approach to management is not applicable universally?

American Philosophy of management


Why are strategic management ideologies adopted from eastern philosophy and not western philosophy?

Theory Z.


What do you understand from integrated materials management?

material management is cylcle of materials and money


What are the functions of materials management?

Materials Management generally includes purchasing, procurement, distribution, warehousing, of products and materials in an organization. In Materials Management you deal with financial parameters and the needs of your internal customers.


What is production philosophy of marketing management?

affordability and availability


Which are the roles of stores management in the receipt of materials in an organization?

which are the roles of materials management in an organization


Why do organizations have a philosophy?

Management is important for any organisation.Philosophy derives new methodologies of management techniques.


How does communication affect management philosophy?

Communication is the chief criteria of any good business. It helps in efficient management of human resources, helps in good performance, makes things more flexible and efficient in the management philosophy.


Principles of deming's philosophy relevant to project management?

quality


What are Types of codification in materials management?

Codification in materials management is better known as the identification of materials. These are separated into different groups such as metals and fabrics.

Trending Questions
What statements best represent the relationship between a project processes and organizational process assets and enterprise environmental factors? Why do there need to be improvement for information systems planning today? What do you mean by supply chain integration? How is it important of critical thinking and creative thinking in hotel industry? Why do top management leadership management is essential for total quality management? Four functions of management planning organizing controlling and leading? What problems did chuck present when he returned to the company headquarter? What is contributed to the era of HRM accountability? What are the purpose event management? Who formulates strategy in an organization? What is the average salary of a cvs store manager? What is the address for Meritage Homes Corporation's corporate office? What is the definition of personal entrepreneurial competencies in risk taker? What are the Importance of manpower development in the business processes? What are the examples of activities that you may perform in the monitoring and controlling process group? What are the advantages of DBMS Approach in managing data? What is The relationship between production management and production operation management? How can a company ensure that its business strategy alignment is effectively implemented across all departments and levels of the organization? What are the key responsibilities of a Scrum Master in ensuring effective collaboration and communication within a team, and how does the role of a Scrum Master differ from that of a Product Owner or a Project Manager? What is meant by location planning?