"What is the importance of materials? What is material management and its importance? What is the role of material management? Why materials management is important in any business? What is the important tools of material management? The knowledge of materials characteristics allows the designer not only to make the best material selection as a function of its application in a given product, but also to overcome its limits and constraints. Material Management is very important for any successful organization as lots of money, space and other resources get blocked into it. For any firm it is necessary to make the cash flow right by releasing any kind of inventory. This might include Raw Materials, Work in Progress, and Finished Goods. Don’t you want to learn how to manage the materials efficiently? Can we afford wastage of materials, thereby leading to wastage of cost? Shouldn’t we ensure the optimum utilisation of the materials? Let’s learn further with the help of the presentation, shall we?"

Saranya R Kurup

168 resources

0

0

0

Like