significance of material management

Why Industries need a Material Management System

Importance of MM Operational efficiency in an organization is heavily impacted by their material management. If you want your industry to be as efficient as possible in production operations, then mastering material management should be a big part of your plan. A proper and efficient material management system will also contribute to customer satisfaction and the overall success of the company. In many ways, it is the backbone of the manufacturing process. The main reasons behind the importance of MM system to the manufacturers are: - 1. Increase inventory accuracy: A poorly managed inven...
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