Intergrated approach of Material Management
We know that there are many function of material managemant . these function are procqrement perchasing,tranportation invertry control storing and so on the process in which all these function are combind to management. These Process is called interganted approach of material management.
In other words we can say that the process on which planning ,organing, staffing ,directing ,and controling and combind to procqument ,purchanging,transpotion inventary control storing . This process is called integrated approach if material management .
In other words we can say that the process in which policy rules regulation ,low ,programme is combimd to procurment ,purchasing ,transpotation ,stroing. This process is called intergated approach of material management .
* Nature of intergeted approach of material management
1. It is an internal approach
2. It is a technical aproach
3. It is an economic approach
4.It is goal oriented approach
5. It is 21st cenrtury approach
6. It is very wide aproach
* Importance of itrgrated apporoch of material managementy
It is used for optimum utilisation of row materiial
It is used to purchase row material of menimum price
It focus to purchased cent percent features processing product
It is used in maxiumum peoduction
It is used o achive the goal of organisation
It is used to mantain cent percent features possing product
*Function of interegatd aproach of material management
1. Purchasing- It is the first function of integrated aproach of material mamagement. These are many sourcrs of purchasing these sources are produce retailers, holesaler,distributor or so on. every source positive and negative featues in the pricess of integated aproach organisation choose one of best source including to theie need want function and so on
2. Transportation- there are many ways if treansportattion these are road, railwau, sea ways , airways and so on . the expenditure of each way is different from one another the pocess in which organisation compares all ways and choose ine of the cheapest rhis way is called best way of transportation.
3.Inventry control- The process in which organisation store the raw material in stock in such type of way that row material is never scarsity in production process these are many ways of inventry control. These are ABC,EOQ,EOP,VED and so on organisation choose one of the best way fir inventry control.
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