Materials management: procedures, text and cases

Preface. Preface to the First Edition. PART I: MATERIALS MANAGEMENT AND PURCHASE ORGANIZATION_Introduction. Systems Approach to Materials Management. Forecasting, Objectives and the Materials Organization. Materials Planning. Purchasing. Purchasing in Materials Management System Concept. Purchasing and Procurement Activities under Materials Management. Value Analysis and Value Engineering. Purchasing and Quality Assurance. Incoming Material Quality Control. Statistical Quality Control. Purchasing Capital Equipment, Plant and Machinery. International Buying and Import Purchasing. Governmental Purchasing Practices and Procedures. PART II: INVENTORY MANAGEMENT, STORES SYSTEM AND LOGISTICS_Inventory Management and Control Systems. Stores Management and Operation. Materials Accounting, Flow of Costs and Inventory Valuation, Physical Verification, Security and Materials Audit. Materials Handling and Storage Systems; Physical Distribution Logistics. Transportation, Traffic and Claims Management. PART III: OPERATIONS RESEARCH AND RELATED TECHNIQUES, MATERIALS MANAGEMENT INFORMATION SYSTEM AND COMPUTERS_Operations Research and Related Techniques. Materials Management Information System and Computer. PART IV: OTHER OPERATIONAL AREAS OF MATERIALS MANAGEMENT_Economic Flow of Values and Materials Management. Spare Parts and Maintenance Materials Control and Obsolete Scrap or Process Waste and Surplus Materials Disposals. Materials Management and Productivity. Cost-Effectiveness and Performance Measurement. Conclusion. PART V: CASE STUDIES_Cases. Bibliography. Glossary. Case Index. Index.

Description:

Materials Management has undergone a sea change in recent years because of its vast possibilities to contribute towards the corporate goals of productivity, profitability and growth.To keep abreast of the changes and emerging trends in the field of Materials Management, this New Edition has been thoroughly revised and updated with the latest procedures and theories. Divided into five parts, the text gives exhaustive coverage to the operational details of stores and purchases, standardization and quality control, value analysis and value engineering as well as the legal aspects of purchasing and the technicalities of warehousing.A great amount of new material and some new chapters have been incorporated in the text to suit the particular needs of students of management courses of the Indian universities.