With the help of the advanced technology such as computer such as Computer Aided Design (CAD), the product can be designed different with a variety of options and yet a fast pace. Market fluctuations should be given due consideration to make any production control. Danielle Smyth is a writer and content marketer from upstate New York. The components and parts can be assured for reliability by their size and dimensions within tolerance limits. This is also a key decision for the materials management department and aides in the selection of vendors such that the items can be purchased at reduced prices. Materials Management help in achieving its objectives helping organization in : 2. maximization of service to customers by supplying them standard quality goods in required quantity at the right time at a reasonable competitive price, 3. providing goods working conditions to its employees and offering scope for their advancement, and. The major objectives of an MRP system are to simultaneously: MRP is especially suited to manufacturing settings where the demand of many of the components and subassemblies depend on the demands of items that face external demands. Predicting the future demand of sales helps in the planning of materials supply. The materials are classified through a simple yet standard method, such as ABC Analysis, to manufacture the product or sell various goods. They should be proficient in Microsoft Office and also able to use the internet. Materials Management & Role of a Materials Manager Materials management with specified interest in the manufacturing industry is the procurement of services, materials, equipment and supplies in the right quantities, of the right qualities, at the right time for the right price on a rolling basis without the loss of labour and time (Leenders et al., 1980; Kurian, 2013). On-the-job experience is typically more beneficial to the furthering of a materials manager’s career than education beyond a bachelor’s degree, but check specific materials manager position descriptions for more details. Generally speaking, a bachelor’s degree in logistics or a related field is expected of someone working in this field. As such, materials managers will need to have a thorough understanding of the product life cycle and the supply chain it relies on. Standard materials can also be availed at economic costs. Material management is an important management tool which will be very useful in getting the right quality & right quantity of supplies at right time, having good inventory control & adopting sound methods of condemnation & disposal will improve the efficiency of the organization & also make the Materials Management is a very important function for the efficient production plan in an organization. A materials manager may be asked to maintain inventory, ensuring that levels stay at a predetermined limit so that customer orders can be fulfilled properly and in a timely fashion. The secondary objectives can only be fulfilled through the following key secondary functions of the materials management: Standardization and Generalization: The design and the technical department of an organization, which comes after the production department process, determine the standards and specifications of different types of materials. Hospitals will reorganize to control cost and improve productivity, while striving to maintain the quality of care. Continual and effective flow and supply of materials: The required material by all production center and other departments should be ensured for its continuity in flow and supply by the material management department. It also aids the purchasing department in selecting the materials and the vendors from whom they need to be purchased. Material Management: it’s Definition, Objectives and Organization! The manager is required to have the capabilities for supply chain management and supply chain planning. Being highly organized and detail-oriented is critical as well. 2. The organization’s capacity and other facilities developed to produce a range of items should be the prime objective and is the most important planning activity of every organization. The distinctions between independent and dependent demands are important in classifying inventory items and in developing systems to manage items within each demand classification. (...) Read more? The term ‘standard’ encompass the alterations in sizes and variety, the quality and the exchangeability of components and products. If the system used for materials management in inept of faulty, the above objectives cannot be met, irrespective of the procedure adopted. Product Design and Development: The product sales can be boosted with its range and functionality. The coding methods should be used by every firm to keep a check on the range of materials, their quantities and costs. A materials manager plays an integral role in the production and shipping process. Manufacturing a standard product ensures overall cost of production. The quality of materials can be measured through proper inspection, specification, quality control, simplification and standardization. MRP systems were developed to cope better with dependent demand items. Role of Material Management Ajay What are the main functions of material management? 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