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Material Management involves handling the materials in an efficient manner so as to facilitate the manufacturing/ production process. It plays an important role in ensuring the delivery of the final product the ultimate customer. A Materials Manager leads the procuring, storing and supplying process of materials to the desired departments. MBA in Materials Management- The first step towards understanding materials management is to start wondering how large manufacturing companies, such as Ford, LG, and SAIL, handle and utilize stocks of their spare parts, raw materials and goods, sometimes in multiple locations across countries or continents. That is the domain of materials management and it’s intuitive to realize that it belongs to the larger area of supply chain management.
MBA in Materials Management- Material management therefore processes all material related activities in an organization, such as material planning and purchasing, purchasing systems and procedures, standardization deterioration, supply and demand uncertainties, handling and transportation, inspection, proper storage and problem statement of Materials for internal customers, inventory management And supplier management. The waste also includes waste disposal. It is important to keep in mind that materials in a manufacturing organization can account for 40 to 60 percent of the total cost, which can be reduced by better material management.
Demand for materials managers has risen steadily in both the private and public sectors. They can work in the purchase, storage and delivery departments of automotive, pharmaceutical, FMCG, defense, rail, public transport and any other industry that needs materials.
Various students from different countries such as (India, Australia, Dubai, UAE, Singapore) have been completed their MBA in Materials Management from DEIEDU. If you are looking for MBA in Materials Management, Fast Track MBA in Materials Management, MBA in Materials Management from India, Australia, Singapore, Dubai, UAE Then you can contact to us.
Earn an internationally recognized Bachelors degree, recognised by AICTE approved University Join an internationally placed alumni:Placed in top international corporates such as IBM, HCL, Infosys, CISCO, Microsoft and many more