Executive Briefings

Just What Does Materials Management Software Do?

Part of the trouble with finding good materials management software is as basic as defining what materials management really does. The very concept of materials management is so broad and encompassing that it might have functionality that covers warehousing, logistics and inventory management. It's not just basic cost savings that buyers want, but also reduced turnaround, cycle time and waste that are also primary concerns. And it seems more buyers are catching on to the advantages that can come with a materials management tool.
Source: Purchasing

Part of the trouble with finding good materials management software is as basic as defining what materials management really does. The very concept of materials management is so broad and encompassing that it might have functionality that covers warehousing, logistics and inventory management. It's not just basic cost savings that buyers want, but also reduced turnaround, cycle time and waste that are also primary concerns. And it seems more buyers are catching on to the advantages that can come with a materials management tool.
Source: Purchasing