Aim of Material Management


Aim of Material Management


To get

  • The right quality
  • Right quantity of supplies
  • At the right time
  • At the right place
  • For the right cost


Purpose of Material Management


  • To gain economy in purchasing
  • To satisfy the demand during period of replenishment
  • To carry reserve stock to avoid stock out
  • To stabilize fluctuations in consumption
  • To provide reasonable level of client services



Primary Secondary
Right price Forecasting
High turnover Inter-departmental harmony
Low procurement Product improvement
& storage cost Standardization
Continuity of supply Make or buy decision
Consistency in quality New Materials & products
Good supplier relations Favorable reciprocal relationships
Development of personnel  
Good information system  


Economy in Material Management


  • Containing the costs
  • Instilling efficiency in all activities

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