Career Opportunities For Distance MBA in Materials Management
The building blocks of any finished product, materials are integral for the smooth functioning of any organization’s supply chain. They range from standard raw materials and spare parts to assemblies and high-end tools & machinery that are used in an industry’s production process. Choosing the right source of material is an important consideration here as it influences the latter’s quality, price and accessibility – features that play an important role in determining whether an end product can be manufactured in abundance and if it is able to achieve its desired specifications of timely delivery, quality output, optimal pricing and customer value proposition. Equally important for an organization is the need to avoid excess or shortage of inventory by ensuring that only the right quantity and quality of material is stored in the warehouse at any point in time and is made available for use at the right time and at the right price. Considering that manufacturin...