Contents:
Preface

Preface to the First Edition



1. Materials Management

2. Integrated Materials Management

3. Classification and Codification of Materials

4. Specifications in Materials Management

5. Standardization and Variety Reduction

6. Materials Planning

7. Budgeting and Material Planning

8. Stores and Store Keeping

9. Storage Equipment

10. Principles of Materials Handling

11. Inventory Control

12. Inventory Management Models

13. Selective Inventory Control

14. The Purchasing Cycle

15. Principles of Purchasing

16. The Nature of Purchasing Process and Vendor Rating

17. Value Analysis

18. Quality Control in Materials Management

19. Make or Buy Decisions

20. Buyer-seller Relationship

21. Negotiation

22. Disposal of Surplus, Obsolete and Scrap

23. Performance Appraisal of Materials Department

24. Some Legal Aspects of Purchasing

25. Purchasing of Capital Equipment

26. Public Buying

27. International Purchasing

28. Import Substitution

29. Logistics, Warehousing and Distribution Management

30. Supply Chain Management

31. Customer Relationship Management

32. Case Studies and Solved Problems



Appendices • References • Index

Description:
This textbook, now in its third edition, continues to provide a compre-hensive coverage of the different aspects of materials management in a student-friendly manner. The book gives a clear introduction to materials management, and discusses topics such 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. It also highlights the principles of purchasing, nature of purchasing process, value analysis and quality assurance.

Intended primarily for the undergraduate and postgraduate students of production engineering/industrial management and engineering, and postgraduate students of management, this book would also be useful to the practising managers.


New to this edition
• Incorporates two new chapters on:
– Supply Chain Management covering practically all the aspects of SCM
– Customer Relationship Management
• Includes four new case studies pertaining to inventory control applied to supply chain management