DETAILED EXPLANATION ON VARIOUS ASPECTS OF MATERIAL MANAGEMENT.......VERY HELPFUL FOR MBA STUDENTS

1. MATERIAL MANAGEMENT
1
PRESENTED BY:
MANDEEP RANGSHA (GM 21/16)
Dept of Management,
NORTH EASTERN HILL UNIVERSITY
(CENTRAL GOVT OF INDIA)

2. CONTENTS:
1. INTRODUCTION.
2. MATERIAL MANAGEMENT (MM) PROCESS .
3. The functions of MATERIAL MANAGEMENT.
4. PRINCIPLES IN MATERIAL MANAGEMENT
5. OBJECTIVES OF MM.
6. Main depts. Of MM.
7. Systems INVOLVED in MM.
8. BENEFITS OF MM.
9. Challenges of MM Implementation.
10. CONCLUSION

3. INTRODUCTION:
Material management is a scientific
technique, concerned with planning,
organizing & control of flow of materials
form their initial purchase to destination.
Internal
Operations
Distribution on
Service Points
Purchasing
Material
Management
Control
Organizing
Planning
Material Management+

4. Material Management revolves around

5. FIG: BEFORE MM FIG: AFTER MM

6. MATERIAL MANAGEMENT PROCESS

7. The functions of material management
are as follows
1.Material Planning and Programming:
2.Material Purpose
3.Store Keeping
4.Inventory Control:
5.Quality Control and Inspection
6.Material Handling
7.Disposal of Surplus, Obsolete stocks.

8. PRINCIPLES IN MATERIAL MANAGMENT
1.RIGHT
QUALITY
2.RIGHT
QUANTITY
3.RIGHT
PRICE
4.RIGHT
SOURCE
5.RIGHT
TIME & PLACE

9. OBJECTIVES OF MM
1. PRIMARY 2. SECONDARY

10. PRIMARY OBJECTIVES :
1.Reduction in Real Cost
2.Regular Supply
3.Procurement of Quality materials
4.Efficient handling of materials
5.Favorable supplier relations
6.Enhancement of firm’s goodwill.

11. Secondary Objectives
1.Reciprocal relations
2. New developments
3.Economic make-or-buy:
4.Product improvement
5.Inter-departmental harmony
6.Conceptions of future outlook

12. Main depts. Of MM
Material
Management
Material &
Production Planning
& Control
Procurement
Inventory
Control
Store/
Warehouse

13. Systems
Systems
Just-In-Time
Supply Chain Management
Warehouse Management System

14. 1) JIT Function as a Pull System.
Aims at reduction in the size of purchased quantities so that
the material reach the production point completely.
Push=Made for Inventory; Pull=Made of Order

15. 2.Warehouse Management System (WMS)
A warehouse management system is used
to control and track the transfer and
storage of materials in a warehouse.

16. 3.Supply Chain Management - Process Flow
Supply chain management can be defined as a
systematic flow of materials, goods, and related
information among suppliers, companies, retailer, and
consumers.

17. BENEFITS OF MM
1.Reduced cost - less waste.
2.Improved employee awareness and
efficiency.
3.Enhanced company image and
competitiveness.
4.A safer and tidier workplace
5.Increased customer and employee
satisfaction.

18. Challenges of MM Implementation.
Selection of
appropriate
vendors.
Difficulty in
forecasting
demand
accurately.
Diversification
of product
lines.
Land and
storage cost
increases day
by day.
TECHONOLOGY

19. CONCLUSION

20. REFERENCE:
•
• https://www.linkedin.com/pulse/5-ms-business-management-organising-them-
effectively-henry-omoregie
•
• http://smallbusiness.chron.com/push-system-vs-pull-system-inventory-control-
12650.html
•
http://smallbusiness.chron.com/just-time-inventory-definition-23475.html
•
• http://www.qstockinventory.com/blog/warehouse-management-system/
• https://www.tutorialspoint.com/supply_chain_management/supply_chain_manag
ement_process.htm
• http://civilconstructionmanagement.blogspot.in/2014/04/advantages-in-
integrated-materials.html
• Slideshare.com
• https://www.google.co.in/search?q=Chapter%252014%2520Evaluating%2520And%
2520Controlling%2520Strategic%2520Marketing&ie=utf-8&oe=utf-
8&client=firefox-b&gfe_rd=cr&ei=qSkEWdjrIe3s8AfF0IWYBQ

21. THANK YOU