Materials management,

Definition of Materials management:

1. The planning and control of the functions supporting the complete cycle (flow) of materials, and the associated flow of information. These functions include (1) identification, (2) cataloging, (3) standardization, (4) need determination, (5) scheduling, (6) procurement, (7) inspection, (8) quality control, (9) packaging, (10) storage, (11) inventory control, (12) distribution, and (13) disposal. Also called materials planning.

How to use Materials management in a sentence?

1. When ACME Inc increased its materials management budget, they went completely overboard, to the point of installing RFID tags on every crate!.
2. The materials management plan would have to work, or we would have to come up with something new and I did not think we could do that.
3. John just got hired into a Materials Management role. He was responsible for the entire life cycle of materials required to produce all of the companies products.

Materials Management

Materials management is a term that describes a grouping of management functions related to the entire material movement cycle, from the procurement and internal control of production materials to the planning and control of work-in-progress, storage, shipping and distribution of the completed production unit. † † It differs from materials control in that the latter term has traditionally been limited to internal control of production materials.