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Materials constitute a major input to the manufacture of both consumer durable and non-durable products. Therefore, management of materials become crucial for most organizations to be successful in their business. Since the cost of purchasing, storing, preserving, moving and shipping of materials account for over half of the product`s cost, the focus of materials management will be on reducing both cost of materials and cost on materials, adding value to the products and improving profitability for the organization.
Logistics and the closely related concept of Supply Chain Management are essential corner stones of competitive strategy, increased market share and shareholder value for most organizations. Logistics management comprises both inbound logistics (concerned with flow of materials and components from the suppliers to the production system) and outbound logistics (distribution of the product in the channel of distribution, finally to the end user). Inbound logistics is also known as materials management. Since both materials management and logistics management are integral parts of supply chain management which has become a strategic area in modern business, it is most relevant that a subject titled "Materials and Logistics Management" has been introduced as a compulsory subject for MBA programme of Pune University.
This book is organized into 14 chapters, giving the basic concepts and techniques of materials management, logistic management and supply chain management. The salient features of this book includes box illustrations, tables, exhibits, snapshots and case studies which help students to understand the concepts, techniques and their practical applications.ISBN - 9789350975374
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Pages : 358
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