Purchasing: Basically, the job of a materials
manager is to provide , to the user departments right
material at the right time in right quantity of right
quality at right price from the right source
Stores: Once the material is delivered , its physical
control , preservation , minimization of obsolescence
and damage through timely disposal and efficient
handling, maintenance of records, proper locations
and stocking is done in Stores.
Inventory control:One of the powerful ways of
controlling the materials is through Inventory control.
It covers aspects such as setting inventory levels,
doing various analyses such as ABC , XYZ etc
,fixing economic order quantities (EOQ), setting
safety stock levels, lead time analysis and reporting.