Materials Management : An Executive's Supply Chain Guide

A solid introduction to materials management and the tools needed to create a world-class materials management program This nuts-and-bolts guide presents an overview of the inner workings of the materials process, as well as the best practices to achieve a world-class operating system that will help to eliminate ineffective materials management. Coverage includes discussion of material requirements planning, planning parameters, electronic data interchange, and material control graphs and reports, among many other topics. Thorough and practical, Materials Management explains the impact that inadequate inventory control has on a company and how these poor controls can reduce production, cause inefficiencies in labor, create excessive inventory, and increase freight expenses. Stan McDonald (Northville, MI) is an independent consultant on materials management. Throughout his 30-year career, he has held various positions in the supply chain/materials management arena.

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.

"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." "Materials Management shows 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 inadequate inventory control has on a company and how these poor controls can reduce production, cause inefficiencies in labor, create excessive 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."--Jacket This book gives a solid introduction to materials management and the tools needed to create a world-class materials management program. It presents an overview of the inner workings of the materials process, as well as the best practices to achieve a world-class operating system that will help to eliminate ineffective materials management. Coverage includes discussion of material requirements planning, planning parameters, electronic data interchange, and material control graphs and reports, among many other topics. Thorough and practical, "Materials Management" explains the impact that inadequate inventory control has on a company and how these poor controls can reduce production, cause inefficiencies in labor, create excessive inventory, and increase freight expenses. Stan McDonald (Northville, MI) is an independent consultant on materials management. Throughout his 30-year career, he has held various positions in the supply chain/materials management arena