1. Sar vesh, Hyderabad

2. Definition of Material Management:
 Material management is an approach for
planning, organizing, and controlling all those
activities principally concerned with the flow of
materials into an organisation.

3. • Materials planning and programming
• Raw material purchase
• Receiving, store keeping, and warehousing
• Issuing of material
• Inventory control
• Transportation of materials
• Vendor development
• Vendor rating
• Disposal of scrap and surpluses

4.  To procure right materials
 In Right Quantity
 Of Right Quality
 At Right Time
 From Right sources
 At Right prices
 5 R’s, principles of purchasing

5. • Buying the best item at the lowest cost
• Maintaining the flow of production
• Maintaining the quality
• Resulting in lower cost
• Proper relationship with suppliers
• Maintaining good records

6. • Material cost can be lowered.
• Controlling of indirect cost (such as materials
movement)
• Risk of inventory loss minimized eg. Theft.
• Material congestion in storage places
avoided
• Improvement in delivery of the product

7.  Selection of appropriate vendors
 Difficulty in forecasting demand accurately
 Maintance of product lines
 Optimising time and quantity for products