Results for tag: "Materials Management"

Materials Management is a term used to describe the process of managing the flow of materials from suppliers to manufacturers and then to customers. It is an important part of the Advanced Materials industry, as it helps to ensure that the right materials are available when and where they are needed. This includes the procurement of raw materials, the storage and distribution of materials, and the tracking of materials throughout the supply chain. Materials Management also involves the optimization of inventory levels, the management of supplier relationships, and the implementation of quality control measures. It is a critical component of the Advanced Materials industry, as it helps to ensure that the right materials are available when and where they are needed, while also helping to reduce costs and improve efficiency. Some of the companies in the Materials Management market include SAP, Oracle, IBM, Infor, and Epicor. Show Less Read more