Time has ceased, “space” has vanished we now live in a global village a simultaneous
happening.
MATERIALS DEPARTMENT:
Materials management is a total concept involving organizational structure, unifying in a single
responsibility the systematic flow & control of materials from identification of the need through customer delivery. Included within this concept are materials functions of planning, scheduling, buying, storing, moving & distributing. These are logically represented by the disciplines of production & inventory control, purchasing, & physical distribution. The objective of materials management is to contribute to increased profitability by coordinated achievement of least total material cost.