Study on Objective of material management

Description
Material management is a scientific technique, concerned with Planning, Organizing &Control of flow of materials, from their initial purchase to destination. It is concerned with planning, organizing and controlling the flow of materials from their initial purchase through internal operations to the service point through distribution.

MATERIAL MANAGEMENT
By
DR.I.SELVARAJ, I.R.M.S
Sr.D.M.O (Selection Grade Officer (on !t"dy lea#e,
INDIAN RAIL$A%S MEDI&AL SERVI&E
B.Sc., M.B.B.S., D.'.( (Madra! )edical colle*e, Reco*ni+ed ,y M&I.,
D.I.(., 'G&(-.$ (NI(.$, Ne/ Del0i
III rd year 'o!t *rad"ate !t"dent in M.D &o))"nity )edicine
De1art)ent of &o))"nity )edicine
Sree Ra)ac0andra Medical &olle*e,
'or"r,&0ennai
Definition
It i! concerned /it0 1lannin*, or*ani+in* and
controllin* t0e flo/ of )aterial! fro) t0eir initial
1"rc0a!e t0ro"*0 internal o1eration! to t0e !er#ice
1oint t0ro"*0 di!tri,"tion.
OR
Material )ana*e)ent i! a !cientific tec0ni2"e,
concerned /it0 'lannin*, Or*ani+in* -&ontrol of flo/
of )aterial!, fro) t0eir initial 1"rc0a!e to de!tination.
AIM O. MATERIAL MANAGEMENT

To *et
3. T0e Ri*0t 2"ality
4. Ri*0t 2"antity of !"11lie!
5. At t0e Ri*0t ti)e
6. At t0e Ri*0t 1lace
7. .or t0e Ri*0t co!t
'8R'OSE O. MATERIAL MANAGEMENT

To *ain econo)y in 1"rc0a!in*

To !ati!fy t0e de)and d"rin* 1eriod of re1leni!0)ent

To carry re!er#e !toc9 to a#oid !toc9 o"t

To !ta,ili+e fl"ct"ation! in con!")1tion

To 1ro#ide rea!ona,le le#el of client !er#ice!
'ri)ary

Ri*0t 1rice

(i*0 t"rno#er

Lo/ 1roc"re)ent

- !tora*e co!t

&ontin"ity of !"11ly

&on!i!tency in 2"ality

Good !"11lier
relation!

De#elo1)ent of
1er!onnel

Good infor)ation
!y!te)
O,:ecti#e of )aterial )ana*e)ent
Secondary

.oreca!tin*

Inter;de1art)ental
0ar)ony

'rod"ct i)1ro#e)ent

Standardi+ation

Ma9e or ,"y deci!ion

Ne/ )aterial! - 1rod"ct!

.a#ora,le reci1rocal
relation!0i1!
Econo)y in )aterial )ana*e)ent

&ontainin* t0e co!t!

In!tillin* efficiency in all acti#itie!
.o"r ,a!ic need! of Material
)ana*e)ent
3. To 0a#e ade2"ate )aterial! on 0and /0en needed
4. To 1ay t0e lo/e!t 1o!!i,le 1rice!, con!i!tent /it0
2"ality and #al"e re2"ire)ent for 1"rc0a!e!
)aterial!
5. To )ini)i+e t0e in#entory in#e!t)ent
6. To o1erate efficiently
Ba!ic 1rinci1le! of )aterial )ana*e)ent
3. Effecti#e )ana*e)ent - !"1er#i!ion
It de1end! on )ana*erial f"nction! of

'lannin*

Or*ani+in*

Staffin*

Directin*

&ontrollin*

Re1ortin*

B"d*etin*
4. So"nd 1"rc0a!in* )et0od!
5.S9illf"l - 0ard 1oi!ed ne*otiation!
6.Effecti#e 1"rc0a!e !y!te)
7.S0o"ld ,e !i)1le
 

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