Material Management

Material management has created a niche in many organizations, which have implemented the integrated materials management. These organizations usually enjoy the following advantages: ¿ Better accountability on part of materials as well as other departments as no one can shift blame to others. ¿ As materials management is handled by single authority, it can result in better coordination, as it becomes the central point for any material related problems. ¿ Materials management department makes sure that better quality material is supplied timely to the requesting departments. This can result in better performance of the organization. ¿ A materials management system is typically controlled through an information system, thus, can help in taking decisions related to material in the organization. ¿ One indirect advantage of material management is that good quality material develops the ethical and moral standard in an organization. However, please note there is no study on this issue.