Definitions for "Materials Management"
The planning, organisation and control of all aspects of inventory embracing procurement, warehousing, work-in-progress, shipping, and distribution of finished goods.
to receive, inventory and distribute parts to the assembly lines for building products. It is also concerned with the standardization and reuse of parts for various products.
The organizational functions responsible for the planning, sourcing, stocking and logistics activities of materials used in the internal and external fulfillment of demand.
Purchasing, receiving inspection, storage and kitting of electronic components and mechanical hardware for assembly.
The movements and storage functions associated with supplying goods to a firm.
MM Provides functionality for purchasing materials or services, and materials storage and movement within an organization.