Inventory and material management project at KCP sugars

Materials management is a 'womb to tomb' concept, is so all encompassing a multi-role in its functional activities that it would be less difficult to describe it than to define it. "Materials management is that coordinated function responsible to plan for, acquire store, move and control materials (including final products), to optimize usage of facilities, personnel, capital funds and to provide service to the user in line with the organizational aims". " The Planning, Organizing, Staffing, Directing and controlling the management of the 'Resource' called 'Materials', as distinct from other well understood resources like Money and Men ". The Materials management includes the primary responsibilities which are generally found in the purchasing department, plus all other major procurement responsibilities, including inventory management, traffic, receiving, warehousing, surplus and salvage. Concept of Inventory Management Th...