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What is Essentials of Materials Management about?

Materials management involves planning and coordinating activities related to procuring, storing, and using materials. The key functions include purchasing raw materials, inventory control, and transportation. The objectives are to obtain the best materials at the lowest cost, maintain production flow, and optimize material acquisition and inventory levels to reduce costs. An effective materials management program can lower material and inventory costs, minimize losses, and improve delivery of finished prod

Author

Abhirup Mukherjee

Language

EN