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Materials Management

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An Integrated Systems Approach

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Beschreibung

This book examines the problem of managing the flow of materials into, through, and out of a system in order to improve the efficiency and effectiveness of materials management. The subject is crucial for global competitive advantage, as materials constitute the largest single cost factor in manufacturing and service, and their effective management enhances value for money. In this context, inventory is a barometer of materials management effectiveness, along with wastage of materials.
The book adopts a comprehensive, integrated systems approach and covers almost all aspects of materials, considering the specification, procurement, storage, handling, issue, use and accounting of materials to get the most out of every dollar invested. Combining conceptual clarity and quantitative rigor, it will be a highly useful guide for practicing managers, academics and researchers in this vital functional area.

This book examines the problem of managing the flow of materials into, through, and out of a system in order to improve the efficiency and effectiveness of materials management. The subject is crucial for global competitive advantage, as materials constitute the largest single cost factor in manufacturing and service, and their effective management enhances value for money. In this context, inventory is a barometer of materials management effectiveness, along with wastage of materials.
The book adopts a comprehensive, integrated systems approach and covers almost all aspects of materials, considering the specification, procurement, storage, handling, issue, use and accounting of materials to get the most out of every dollar invested. Combining conceptual clarity and quantitative rigor, it will be a highly useful guide for practicing managers, academics and researchers in this vital functional area.


Addresses the issues relevant for managing materials in an integrated manner Integrates quantitative as well as qualitative issues in totality for inventory management Covers almost all aspects of materials dealing with specification, procurement, storage, handling, issue, use, accounting of materials to get the most out of every dollar invested in materials Includes supplementary material: sn.pub/extras

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Integrated Systems Approach Inventory Management Inventory Models Lean Supply Chains Materials Management Productivity Supply Chain Management Waste Management

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Details

ISBN: 9788132235552
Verlag: Springer India
Erscheinung: 23.08.2016

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