Question

Materials management refers to the movement of production materials, from the stage of their acquisition to the stage of their ____.Single choice.

(1.5 Points)

Procuring

Controlling

Consumption

Organizing​

Answer 1

Answer:

organization

Explanation:

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Answer 2

The correct answer is OPTION A: Procuring.

• A crucial supply chain function is materials management, which includes supply chain planning and execution capabilities.
• Materials management is used by businesses to organise all of their material needs.
• The material requirements are communicated to procurement and other sourcing functions.
• Materials management also determines the amount of material to be deployed at each stocking location throughout the supply chain, creates material replenishment plans, determines inventory levels to hold for each type of inventory raw material, WIP, and finished goods, and communicates material requirements throughout the extended supply chain.