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Materials Management Cleveland Community College, This course covers the basic principles of materials management. Emphasis is placed on the planning, procurement, movement, and storage of materials. Upon completion, students should be able to demonstrate an understanding of the concepts and techniques related to materials management. Get Price



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Material Management: it's Definition, Objectives and Organization! Some Definitions of Materials Management: (i) 'Materials Management' is a term used to connote "controlling the kind, amount, location, movement and timing of various commodities used in production by industrial enterprises".

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MATERIALS MANAGEMENT 1. MATERIAL MANAGEMENT MADHUR VERMA PG JR 2. 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: Men, Money, Materials, Machines& Minutes(time)

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The supply chain is linked to materials management as this method is used to plan and supply the organization. Inventory goes hand in hand with this in order to keep track of raw materials and specific products. This helps minimize costs to the organization and ensures maximum return on working capital. It should be noted that materials are classified by direct materials or indirect materials.


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