Materials Management : An Executive's Supply Chain Guide

The field of materials management is not a profession requiring a specialized degree or the passing of a board or bar examination. There is no set of common rules and guidelines that all companies can follow because processes are different. Regardless of industry or field, however, every supply chain professional does have the same goal: to develop and position their company s supply chains in order to compete and win in today s global marketplace. Drawing on author Stan McDonald s vast industry experience, Materials Management: An Executive s Supply Chain Guide presents you with a foundation to the basic methods and concepts used to successfully manage the flow of materials within your organization and throughout the supply chain. Its practical, user friendly style will show you how to improve your company s operations as well as its bottom line. With step by step advice on how to build a world class materials management program, this book features jargon free discussion of: The proven answer to any inventory problem: the closed loop system of controls Ensuring bill of material accuracy The scrap reporting process Material requirements planning Planning parameters Electronic data interchange Material control graphs and reports Master scheduling Physical inventories Supplier selection Shortage control Best material control effort Advanced planning logistics Material Management show you how to work smart and avoid common problems through best and worst case studies with sneak peeks into the "inner workings" of the materials process. Explaining the impact that adequate inventory, and increase freight expenses, this resourceful book prepares your company to become best in class. Its strategies, solutions, and technologies that keep your company financially viable and competitive in our ever changing global economy.