Supply material management

Student’s Name

Institution

Course name

Instructor

Due date

Supply material management

Material management is a process of ensuring that the organization obtains all the material it requires when it is necessary and where it is needed. It also entails ensuring that materials are adequately utilized with minimum possible wastage. Appropriate management of resources results in a smooth flow of operations, increased production, reduced production cost, and high customer satisfaction.

Firstly, appropriate material management help to increase the high level of production. Material management ensures proper coordination between production and management (Abdul-Rashid et al., 2017). The store personnel is getting the update of the production material to maintain a continuous production process. Efficient communication between the two departments ensures that the production process does not stop at any given time since the procurement unit supports the right quantity of stock or raw materials. A well-managed inventory...