Concept Of Material Management Ppt

Scope of materials management.
Concept of material management ppt. The term management has been used in different senses. Or material management is a scientific technique concerned with planning organizing control of flow of materials from their initial purchase to destination. Introduction material is defined as equipment apparatus and supplies used by an organization for the purpose of rendering services the basic objective of management is to optimize the resources i e. Furnishing the appropriate material of true quality.
Materials management ppt 1. Principles of material management mit school of distance education material management is the process of planning executing directing coordinating monitoring and controlling of all the processes that are associated with the materials required in the industries. Inventory issue materials purchase raw materials receipt stores. Sometimes it refers to the process of planning organizing staffing directing coordinating and controlling at other times it is used to describe it as a function of managing people.
Materials management is a process through which a firm or company is supplied with goods and services which it requires for succeeding in its goals of buying movement of materials and storing the parameters related to materials management are as follows. There are certain principles that govern material management. Material management is an important management tool which will be very useful in getting the right quality right quantity of supplies at right time having good inventory control adopting sound methods of condemnation disposal will improve the efficiency of the organization also make the. Definition it is concerned with planning organizing and controlling the flow of materials from their initial purchase through internal operations to the service point through distribution.
Ballot 2006 defines material management as the process of planning acquiring storing moving and controlling materials to. Men money materials machines minutes time 3. Definitions concept objectives and scope. Materials management ppt and pdf.
Store is an important component of material management since it is a place that keeps the materials in a way by which the materials are well accounted for are maintained safe and are available at the time of requirement. Calawod janica v bela ong mary grace p. The concept of materials management is thus engaging general management too to get itself involved more and more and devise the ways and means to make an all out effort to maximize efficiency in materials control through materials management personnel. Process of management concerned with planning organizing and controlling of the flow of materials to through and out of an organization in an integrated fashion materials management 3.