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This textbook provides a comprehensive coverage of the different aspects of materials management in a student-friendly manner. The book begins with the concept and objectives of materials management, and moves on to discuss such topics as classification, codification, specifications and standardization of materials, which aid in effective purchasing. In view of their economic importance, materials planning and budgeting too have been covered in sufficient detail. Besides explaining the fundamental principles of stores management and materials handling, the text gives an in-depth analysis of inventory control with several illustrative examples. Finally, the text concludes with a clear elucidation of the principles of purchasing, nature of purchasing process, value analysis, and quality assurance.ISBN-- 9788120329645
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Pages : 404
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