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What is Essentials of Material Management about?

The document discusses material management and procurement. It defines material management as planning, organizing, and controlling the flow of materials from initial purchase through operations to distribution. The aim is to get the right quality, quantity, time, place and cost of supplies. Objectives include economy, demand satisfaction, and reserve stocks. Functional areas include purchasing, stores, and print/pharmacy/dietary services. Procurement involves selection, quantities, funds, suppliers, contra

Author

parmeshwar mahato

Language

EN