The primary aim or focus of a organizations are enhancing product quality, streamlining internal operations, And main aim is to reducing the manufacturing costs. Although, they must understood that coming up with supply chain idea is also critical in achieving organizational excellence. So they planned that to get realize that by improving the supply chain, substantial cost reductions and improvements in Quality can be achieved. This lead to ERP can certainly help them in this regard.
We can define the material management, It is that function of the business which is firstly concerned with the planning, , organizing and controlling the flow of materials from their initial purchase to the service point. In this included with Materials Planning, Purchasing, Inventory Planning, Storage, Inventory Control, Transportation and Materials Handling.
The disorder of the nature in organization, It requires proper and efficient materials management so that the enterprise can desist the scenarios such as shortage of the materials or overstocking leading to collapse of working capital. Also, components and sub-assemblies that have specific uses demand more care during procurement, storage handling, and distribution. An ERP for Material Management is the quintessential solution for an enterprise to handle all such difficulties with easy.