Management of materials in most organisations is crucial to their sucess because the cost of purchasing, storing, preserving, moving and shipping materials account for over half of the product`s cost. Improving productivity is a major factor in facing the challenge of competition and this involves driving down the cost of all aspects of business activities, especially in the area of materials. The importance of materials in an organisation and performance has resulted in the development of an organised body of knowledge on how to manage materials. This discipline is known as materials management.
Efficient and effective management of materials has become the key to achieve higher productivity levels, especially in manufacturing organisations producing tangible goods, both consumer and industrial goods.
This book is organised into eight chapters to cover the syllabus of BBA degree program offered by West Bengal University of Technology. However this book may prove useful for the students of BBA or BBM degree program of any other university in India. The book consists of exhibits, box illustrations, solved problems and review questions which are the special features of this book.
Book Content of Materials Management | |
Chapter 1 : Introduction to Materials Management Chapter 2 : Materials Requirement Planning and Budgeting Chapter 3 : Purchasing Management Chapter 4 : Vendor Development Chapter 5 : Legal Aspects of Purchasing Chapter 6 : Stores Management Chapter 7 : Inventory Management Chapter 8 : Evaluation of Materials Management |