Materials management is one of the basic functions of any brassiness. Economic success of any organisation has a direct relationship with the deficiency of the Materials management. Materiak management can also be viewed as function which aims for integrated approach towards the management of materials in an organisation. Its main object is cost reduction and efficient handling of materials at ail stages and in all sections of the organisation.
Material management's functions include several important aspects connected with materials such as purchasing, storage, inventory control, material handling, standardization etc. Hence, now-a-days this subject has become increasingly important and requires a keen attention.
Materials management covers a very wide field and deals with materials cost, material supply, utilization and its handling. It is primarily concerned with the planning and programming of materials and equipment, market research for purchase, procurement of materials, storage and inventory control, and transportation of materials etc.
Objectives
After studying this unit, you should be able to
- define materials management and discuss the various functions involved in Serials management,
- know the various issues involved in materials management,
- explain integrated materials management approach,
- appreciate the importance of materials in construction industry and identify the essential construction components, and
- appreciate the role of materials management in construction industry.
No comments:
Post a Comment