Importance of Material Management in a Clinical Laboratory and in a Household:
The success of a clinical laboratory is greatly influenced by how great the material management program is. Material management is a scientific technique concerned with planning, organizing and control of flow of materials from their initial purchase to destination. It ensures that all of the supplies and equipment used by the laboratory is accurate to the services offered, available at the right time and in the right quantities, and is of high quality. Through this process, the clinical laboratory can assure that the services they offer to their clients/patients are safe and efficient. Material management is also important in cost control and in compliance with standardized rules and regulations. In the household, material management can be beneficial for budgeting and ensuring that we don’t overstock and only buy the things we need. It can also help keep our place clean and organized.

The power of logistics and materials management in healthcare – Buro Happold

https://www.burohappold.com/articles/the-power-of-logistics-and-materials-management-in-healthcare/

Scientific and technological advances in the healthcare sector over that last 50 years have been unprecedented in human history.