ENGLISH

Materials Management: An Integrated Systems Approach

By Prem Vrat (auth.)

Book information

Publisher
Springer India
Year
2014
ISBN
978-81-322-1969-9, 978-81-322-1970-5
DOI
10.1007/978-81-322-1970-5
Language
english
Format
PDF
Filesize
6 MB (6452858 bytes)
Series
Springer Texts in Business and Economics
Edition
1
Pages
408\420
Time added
2014-11-10 20:00:00
Production/Logistics/Supply Chain Management; Proc

Description

This book examines the problem of managing the flow of materials into, through, and out of a system in order to improve the efficiency and effectiveness of materials management. The subject is crucial for global competitive advantage, as materials constitute the largest single cost factor in manufacturing and service, and their effective management enhances value for money. In this context, inventory is a barometer of materials management effectiveness, along with wastage of materials. The book adopts a comprehensive, integrated systems approach and covers almost all aspects of materials, considering the specification, procurement, storage, handling, issue, use and accounting of materials to get the most out of every dollar invested. Combining conceptual clarity and quantitative rigor, it will be a highly useful guide for practicing managers, academics and researchers in this vital functional area.

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