About this document
Effective Material Management Strategies by Viksit Tripathi is a document available to read on EtoBox.
Material management involves planning, organizing, and controlling the flow of materials from initial purchase through operations to distribution. The aim is to obtain the right quality, quantity, and cost of supplies at the right time and place. Key objectives include minimizing procurement and storage costs while ensuring continuity of supply. Inventory control seeks to maintain adequate stock levels to meet demand while minimizing investment. Techniques like ABC analysis, VED analysis, and economic order
- Author
- Viksit Tripathi
- Language
- EN