The planning, organisation and control of all aspects of inventory embracing procurement, warehousing, work-in-progress, shipping, and distribution of finished goods.
to receive, inventory and distribute parts to the assembly lines for building products. It is also concerned with the standardization and reuse of parts for various products.
The organizational functions responsible for the planning, sourcing, stocking and logistics activities of materials used in the internal and external fulfillment of demand.
Term used to describe the controlling and planning of all the activities involved in materials flow.
A manufacturing term used to describe the grouping of management functions related to the complete cycle of material flow, from the purchase and internal control of production materials, to the planning and control of work in progress, to the warehousing, shipping and distribution of the finished product.
Inbound logistics from suppliers through the production process. Includes all facets of procurement, movement and control of materials and products from acquisition through production.
The grouping of management functions supporting the complete cycle of material flow, from purchasing and transportation of materials to production planning to the warehousing, shipping, and distribution of the finished product.
Management of physical supply operations such as procurement, the storage and movement of raw materials to and through processing and into a finished product.
Embraces all functions of acquisition, standards, quality control and surplus property management.
Inbound logistics from suppliers through the production process. The movement and management of materials and products from procurement through production.
The planning and control of the activities related to the materials flow from the suppliers up to the end of the conversion/production process.
The planning of acquisition, maintaining inventory and disposition. This process is based upon scheduling according to need and anticipated usage.
Movement of raw materials, parts, and components to the production plan.
SAP module includes Procurement, Inventory management and Warehousing. (MM)
The managing of the flow of material over a wide geographic area.
Materials management is the branch of logistics that deals with the tangible components of a supply chain. Specifically, this covers the acquisition of spare parts and replacements, quality control of purchasing and ordering such parts, and the standards involved in ordering, shipping, and warehousing said parts.
