PurchasingUsually, 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.
StoreOnce the material is delivered , its physical
control , preservation , minimisation of obsolescence
and damage through timely disposal and efficient
handling, maintenance of records, proper locations
and stocking is done in Stores.
Inventory controlOne 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.