Material management

Every organization, either big or small, depends on materials and services from other organizations to varying extents. These materials and services are obtained through exchange of money and the physical arrangement of it is called Material Management. Various materials used as inputs, such as raw materials, consumables & spares, are required to be purchased and made available to the shops/users as and when needed to ensure uninterrupted production. Our equipped expertise team enable us to complete the task within given time period with cost effective price.


Efficient management of input materials is very important in a business organization for maximizing materials productivity, which ultimately adds to the profitability of the organization. This requires well coordinated approach towards various issues involving decision making with respect to materials. The main concern of any business management is to maximise the Return on Investment (ROI) .The relationship of various entities here can be expressed as :



A firm's profit margin reflects management's ability to control costs in relations to revenue. The asset turnover rate reflects management's ability to effectively utilize the firm's productive assets.


Hence a firm can improve ROI in few ways like By reducing cost, By getting more sales from available assets, By some combination of the above, etc. Thus, it is the cost control that holds the key.


In many manufacturing organization, the cost of materials alone happens to range from 40% to 60% of the total expenditure. Obviously, a better management of material is expected to insure reduction in overall cost of operation and smoothness in supply of inputs. This requires well coordinated approach towards various issues involving decision making with respect to materials. Business proposals are welcome on Octopus. Please contact us and give us an opportunity to serve you in better way.


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