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MATERIALS MANAGEMENT (Elements of material management (Demand estimation,…
MATERIALS MANAGEMENT
Definition of materials
Materials can be anything something else is consisting of, whether pure or impure, a singular composite or a complex mix, living or non-living matter, whether natural or man-made, either concrete or abstract.
In industry, materials are inputs to production or manufacturing processes. They may either be raw material, that is, unprocessed, or processed before being used in more advanced production processes
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