what do you understand by the term "material control"?Explain briefly the important technique of controlling material
Answers
Explanation:
Material control aims at eliminating and minimising all kinds of wastes and losses while the materials are being purchased, stored, handled, issued or consumed. A number of techniques are used at planning, procuring and holding stage of material which help in exercising and effecting material cost control.
Answer:
Material control is a systematic control over purchasing, storing and consumption of materials, so as to maintain a regular and timely supply of materials, at the same time, avoiding overstocking.”
Material control aims at eliminating and minimising all kinds of wastes and losses while the materials are being purchased, stored, handled, issued or consumed. A number of techniques are used at planning, procuring and holding stage of material which help in exercising and effecting material cost control.
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