Materials Management

An Integrated Systems Approach

  • Prem┬áVrat

Part of the Springer Texts in Business and Economics book series (STBE)

Table of contents

About this book


This book examines the problem of managing the flow of materials into, through, and out of a system in order to improve the efficiency and effectiveness of materials management. The subject is crucial for global competitive advantage, as materials constitute the largest single cost factor in manufacturing and service, and their effective management enhances value for money. In this context, inventory is a barometer of materials management effectiveness, along with wastage of materials.
The book adopts a comprehensive, integrated systems approach and covers almost all aspects of materials, considering the specification, procurement, storage, handling, issue, use and accounting of materials to get the most out of every dollar invested. Combining conceptual clarity and quantitative rigor, it will be a highly useful guide for practicing managers, academics and researchers in this vital functional area.


Integrated Systems Approach Inventory Management Inventory Models Lean Supply Chains Materials Management Productivity Supply Chain Management Waste Management

Authors and affiliations

  • Prem┬áVrat
    • 1
  1. 1.Pro-Chancellor, Professor of Eminence and Chief MentorITM UniversityGurgaonIndia

Bibliographic information

Industry Sectors
Materials & Steel
Chemical Manufacturing
Finance, Business & Banking
Consumer Packaged Goods
Energy, Utilities & Environment