Materials and Purchase Management covers all aspects of modern supply chain management, including purchasing, and physical distribution. This book includes: Advances in Inventory Management, Modern Strategies for Purchase Management and Cost reduction, the Relationship between Inventory and the Environment, control of Wastage, Scrap, Spoilage and Obsolete, Inventory Control Models, Outsourcing of Services and Case Studies of three Organizations of National importance with their Comparative Evaluation. The book can be used in undergraduate and graduate courses in business administration, logistics, materials and purchase management, operations management, industrial engineering, and operations research. For organizational practitioners, it will be useful in operations, physical distribution, purchasing and stores management, cost reduction, inventory control, and physical supply.

Preface / Introduction to Materials Management / Methods and Techniques of Inventory Control / Inventory Control Models / Inventory Accounting and Verification / Inventory Reporting and Information System / Advances in Inventory Management / Materials Purchase, Consumption and Movement / Treatment and Control of Wastage, Scrape, Spoilage and Obsolete / Purchasing Research, Performance and Ethics / Outsourcing of Services / Strategies for Purchase Management and Cost Reduction / A Critical Appraisal of Inventory Management System at a Public Sector Metal Manufacturing Company and Academic Institutions of Higher Learning: A Case Study / Case Study 1 – 4 / Index.

Under & Postgraduate Students, Professionals & Researchers