Material management, purpose,elements & procedure

Описание к видео Material management, purpose,elements & procedure

Easy & simple explanation of material management with suitable examples

Definition of material management

Purpose of material management

Elements of material management

Procedure of material management

Elements of material management include:

* Demand estimation
* planing
* procurement
* selection of suppliers
* placing order
* receiving & checking purchased items
* storage
* stock inventory
* maintenance & care
* condemnation


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