Effective material management is essential for the efficient and cost-effective operation of any organization. It involves planning, procuring, storing, and distributing materials, goods, and services needed for production or service delivery. Poor material management can lead to inventory overstock, stockouts, increased lead times, higher costs, and reduced customer satisfaction. In contrast, effective material management ensures the availability of the right materials, in the right quantity, at the right time, and at the right cost, enabling organizations to meet customer demand, reduce costs, and improve operational efficiency.