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Materials management is a coordinating function responsible for planning and controlling materials flow. What are its objective(s)?

    Maximize the use of the firm's resources    Provide the required level of customer service    Both of the above    Neither of the above

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Question added by Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG
Date Posted: 2016/04/23
Mohamed Abdulfatah  Elhariri
by Mohamed Abdulfatah Elhariri , Supervisor , SBG

 Maximize the use of the firm's resources&    Provide the required level of customer service

مها شرف
by مها شرف , معلمة لغة عربية , وزارة التربية السورية

.....--Both of the above. .........thanks for the invitation. ..

vidya sagar burra
by vidya sagar burra , Assistant Manager SCM , Gati Kintetsu Express Private Limited

option c is the right answer

Mohd Arifuddin
by Mohd Arifuddin , Lead Consultant , Binzagr CO

Both of the above is correct.

MUBARAK INAYTULLA KHAN
by MUBARAK INAYTULLA KHAN , Procurement Manager , UNIT7 CONTRACTING EST. RIYADH.

Provide the required level of customer service is the correct answer for the above question.

ghazi Almahadeen
by ghazi Almahadeen , Project Facilitator , Jordan River Foundation

Thanks for the invite ............................ Both of the above

Ramzi SAMRI
by Ramzi SAMRI , Industrial engineer , Institut für Betriebliche Bildungsforschung Berlin (IBBF)

Both. Thanks a lot for your invitation

MADAN MOHAN GAJULA
by MADAN MOHAN GAJULA , Material Coordinator , Sadara Chemical Company

Both of the above ==================== is the right anwer

Ahmed Mohamed Ayesh Sarkhi
by Ahmed Mohamed Ayesh Sarkhi , Shared Services Supervisor , Saudi Musheera Co. Ltd.

Both above                                    .

Saiyid Maududi-Oracle Applications Consultant
by Saiyid Maududi-Oracle Applications Consultant , Entrerprise Architect , US Technomatrix, Inc

Hello Team,

Materials Management thus can be defined as that function of business that is responsible for the coordination of planning, sourcing, purchasing, moving, storing and controlling materials in an optimum manner so as to provide service to the customer, at a pre-decided level at a minimum cost.

Materials planning and control: Materials required for any operation are based on the sales forecasts and production plans.  Planning and control is done for the materials taking into account the materials not available for the operation and those in hand or in pipe line.  This involves estimating the individual requirements of parts, preparing materials budget, forecasting the levels of inventories, scheduling the orders and monitoring the performance in relation to production and sales.

 

 

Regards,

 

Saiyid

Nadeem Asghar
by Nadeem Asghar , Supply Chain Consultant/Trainer , Independent Practitioner

Both of the above..................

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