This book covers in detail and in an integrated manner the entire process of materials management in its actual applicationa topic crucial to all manufacturing units. The author discusses the procedures, policies and systems required to govern and monitor the systematic and cost-effective procurement of materials and to manage related activities.The book also highlights the various interest groups and stakeholders that an integrated materials management system encompasses and the different roles that each of these stakeholders play. Emphasising practical applications, the author encompasses all the key aspects of materials management, including: - the purchase function - sourcing the right material - managing inventories - overseas procurement, including managing transit risks - logistics of material movement

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