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Title: Corporate Dollar Savings Through Materials Management
Author: J. Dennis Day
Source: American Gas Association 1977
Year Published: 1977
Abstract: We shall initiate our discussion of materials management by reviewing a typical materials management cycle in the utility industry, Exhibit I indicates that the cycle is actually a closed-loop process, beginning with a request to acquire material and proceeding through the placement of the purchase order, receipt of material, storage of material and the issue of material until there is a need to reorder again. All of the activities shown in solid circles are materials management functions those in the dotted circles are interface areas. Exhibit I reflects considerable information. First, it notes the strong interface between stores activities and the purchasing function. Second, the upper right hand portion of the exhibit depicts a material requirements planning process, which generally requires interaction with and input from other organizations like engineering, operations, construction and maintenance departments and sales departments.

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