Materials Management

GPTKB entity

Statements (51)
Predicate Object
gptkbp:instanceOf Process
gptkbp:challenge Cost control
Data accuracy
Demand variability
Inventory obsolescence
Supplier reliability
gptkbp:goal Reduce costs
Ensure availability of materials
Optimize inventory levels
https://www.w3.org/2000/01/rdf-schema#label Materials Management
gptkbp:improves Operational efficiency
Customer satisfaction
gptkbp:includes Distribution
Storage
Receiving
Material Handling
Purchasing
Inventory Control
gptkbp:keyFunction Inventory tracking
Waste reduction
Order processing
Supplier management
Forecasting demand
gptkbp:practicedIn gptkb:Procurement_Specialist
Inventory Controller
Supply Chain Manager
Materials Manager
gptkbp:reduces Excess inventory
Lead times
Stockouts
gptkbp:relatedStandard gptkb:Six_Sigma
gptkb:Kanban
gptkb:Just-in-Time_(JIT)
Lean Manufacturing
Total Quality Management (TQM)
gptkbp:relatedTo gptkb:Logistics
Supply Chain Management
Inventory Management
Procurement
Production Planning
gptkbp:standardizedBy gptkb:ISO_9001
APICS guidelines
gptkbp:supportedBy ERP systems
Warehouse Management Systems
Inventory Management Software
gptkbp:usedIn gptkb:insurance
Construction
Manufacturing
Retail
gptkbp:bfsParent gptkb:SAP_ERP_Logistics
gptkbp:bfsLayer 7