List of materials management basic objectives

1. Ensure the availability of materials and supplies needed for production or operations.
2. Minimize inventory holding costs while maintaining adequate stock levels.
3. Optimize the use of resources and reduce waste in the materials management process.
4. Improve efficiency and productivity in the handling and storage of materials.
5. Ensure compliance with regulations and standards related to materials management.
6. Reduce lead times and improve delivery times for materials and supplies.
7. Enhance supplier relationships and negotiate favorable terms and pricing.
8. Implement inventory control measures to prevent stockouts and overstock situations.
9. Monitor and analyze key performance indicators to track and improve materials management performance.
10. Continuously improve processes and systems to achieve cost savings and operational excellence.

1. To maintain the right inventory levels. This means having enough inventory on hand to meet demand, but not so much that excess inventory becomes obsolete or expensive to store.
2. To procure materials at the right cost. This means finding suppliers who can provide materials at a competitive price, and then negotiating contracts that are favorable to the organization.
3. To manage materials efficiently. This means using the most efficient Methoden to receive, store, and issue materials.
4. To protect materials from damage or loss. This means using proper storage and handling techniques, and having adequate security measures in place.
5. To dispose of materials properly. This means following all applicable laws and regulations, and using the most environmentally friendly disposal methods.