Objectives of Material Management

khushal By khushal, 20th Oct 2014 | Follow this author | RSS Feed
Posted in Wikinut>Business>Accounting & Finance

The objects of material management are as follows
1 To maintain the inventory materials for the working capital.
2 To purchases materials at minimum price.
3 To establish good vendor customer relationship.

Objectives of Material Management

Objectives of Material Management
The objects of material management are as follows
1 To maintain the inventory materials for the working capital.
2 To purchases materials at minimum price.
3 To establish good vendor customer relationship.
4 To establish an integrated system for reducing the duplication of functions.
5 To achieve optimum inventory turnover
6 To achieve best consumer services.
7 To search new sources of supply standardization and quality control.
8 To process plan and ensure performance.

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Business

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author avatar khushal
i am working of business department and i am perfect in business

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author avatar Fern Mc Costigan
21st Oct 2014 (#)

Interesting piece!

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author avatar tafmona
21st Oct 2014 (#)

unique and interesting

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