Get premium membership and access questions with answers, video lessons as well as revision papers.

Explain how material management helps an enterprise in reducing cost of production and distribution and also attaining its objectives.

      

Explain how material management helps an enterprise in reducing cost of production and distribution and also attaining its objectives.

  

Answers


Winnie
I) Maintaining the continuity of production which it does by purchasing materials of a right quality, in the right quantity, at the right time, from right source and also by ensuring a uniform flow of materials

II) Efficiency control of inventories

Establishing good buyer -seller relationship

Maintaining ethical standards

Economising on the use of imported goods
Wincate 1 answered the question on October 12, 2017 at 13:18


Next: Explain three methods of selection applied in livestock breeding.
Previous: State three limitations of inbreeding

View More Accounting Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions