Materials management is a technique through which companies plan, organize and control flow of material from the time of purchase to the time they reach their final destination. A material manager oversees these processes through planning, budgeting, managing stock and creating supplier networks. Applicants must have a bachelor’s degree in materials management or a closely related field. Material managers also need good networking skills and an ability to coordinate work and communicate clearly (see reference 1).
Minimize Inventory Investment
One of the goals of a material manager is to ensure the inventory budget is not bloated. He does this by identifying and planning what supplies need to be bought and in what quantity. He also designs and implements accountability systems to reduce misuse or theft of materials. By listing material in order of importance based on time and usage, the manager is able to prioritize purchases (see reference 2).
Maximize Quality of Products
A materials manager seeks to ensure that a company receives a high quality of material to produce the best products (see reference 3). Using information from the customer care and marketing departments, the manager seeks to understand customers' expectations and procures materials that will meet them. For instance, in a cosmetics company, the manager sources for packaging bottles that don’t break easily.
Create a Favorable Relationship with Suppliers
Consistent and reliable suppliers ensure material shortages do not disrupt a company’s operations. A materials manager identifies suppliers and tests their products to ensure they meet a company’s standards. He then initiates and maintains contact with qualified suppliers to evaluate pricing terms and maintain adherence to quality (See reference 1). The manager further organizes regular audits to ensure adherence to the set quality standards. It is also his responsibility to meet with suppliers and address their concerns and grievances.
Continuity of Supply
A materials manager ensures a consistent supply of material through appropriate budgeting and regular stock-taking. The manager also works with the storage and departmental managers to maintain accurate records. He further implements measures that help minimize consumption such as reduce, reuse and recycle initiatives (See reference 4). It is also the manager’s responsibility to follow up on delayed deliveries and identify and replace suppliers who do not meet deadlines.
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