Material Management involves the strategic oversight of all aspects related to materials and supplies, from procurement through to disposal. This includes efficient inventory management, fostering robust supplier relationships, and ensuring the seamless flow of materials to maintain quality, availability, and cost-effectiveness. It plays a pivotal role in operational efficiency, maintaining product quality, and achieving customer satisfaction by optimising inventory levels, minimising waste and costs, and mitigating supply chain risks, ensuring the integrity and traceability of raw and packaging materials throughout the production process.
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