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    What is "materials management?"

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    I need help with a question from my international business teacher:

    What is "materials management"? Explain how and why an efficient materials management function can help an international business to compete more effectively in the global market place.

    © BrainMass Inc. brainmass.com June 3, 2020, 8:50 pm ad1c9bdddf
    https://brainmass.com/business/business-management/materials-management-154702

    Solution Preview

    Materials management, also known as materials planning, is an approach for planning, organizing, and controlling all those activities principally concerned with the flow of materials into an organization. The scope of materials management varies greatly from company to company and may include materials planning and control, production planning, ...

    Solution Summary

    This solution explain how and why an efficient materials management function can help an international business to compete more effectively in the global market place.

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