The ultimate object of material management is to ensure supply of proper quality and quantity of all materials as and where needed in the process of production at a minimum cost. To achieve this objective storage and inventory controls need be emphasized. The goal of materials management is to provide an unbroken chain of components for production to manufacture goods on time for customers. The materials department is charged with releasing materials to a supply base, ensuring that the materials are delivered on time to the company using the correct carrier. Materials management is a coordinating function responsible for planning and controlling materials flow. Its objectives are: … One of the most effective ways of doing this is through the planning and control of the flow of materials into, through, and out of manufacturing.
The eligibility criteria for PGDM courses is a Bachelor’s degree from a recognized university with 50% aggregate marks or CGPA