Materials Management involves the process of planning and controlling material flows to meet the material requirements of a company or organization. It is responsible for regulating the flow of material while assessing certain variables such as demand, price, availability, quality, and delivery schedules.

Materials Management | Functions and Objectives of Material Management – YouTube

https://youtu.be/oSoU4msV2ss?si=YL_1P9f1QxkmTgo6

This video is about Materials management. Most manufacturing concerns spend more than 60% of the money they take in, on materials. That means materials soak …