MT 14 (LEC) – BB

What is the importance of Material Management in the Clinical Laboratory and in your life?

Every business requires the management of materials, also called ‘material management’, inventory control managers, inventory analysts, and material planners. This is a method for planning, organizing, controlling, and balancing the activities that are related to the flow of materials in a company, such as manufacturing and the management of resources. A major part of materials management is ensuring materials going into production are accurate and of high value, enabling the production to run smoothly and improving overall finished goods to the utmost quality, guaranteeing no stoppage of production at minimal inventory costs. No system of costing is complete without an effective material control system. This is salient in businesses and companies, may they be small or big, free-standing or not: having enough materials to manufacture the desired products and not having too much money tied up in idle materials allows the business to surge. They say a company’s work culture is reflected by the way the workers are handling materials, as the ideal company will have things in the right place with no stocks lying around, while a normal company will have huge warehouses and materials lying on the shop floor, showing their inefficacy not only in handling materials but also in production planning.

In relation to life, material management, which can be comparable to calculating, organizing, and managing all aspects of life we are exposed to, is a significant responsibility to uphold. Although difficult, it is salient for the means of sustainment and survival. That, when one has balance, one has the time to pay attention to the body’s needs. When we know ourselves and are able to know which strengths and weaknesses are rampant, we can walk smoothly in the direction we desire to tread. Handling everything at once is never easy, especially when certain problems also arise day by day, but there is a sense of fulfillment once we get to see the order to live a productive, happy, and fulfilling life. Improving balance and management should always come first because if it does, everything will follow harmoniously.