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Materials Management in Capital‐intensive Industries

International Journal of Physical Distribution & Logistics Management

ISSN: 0960-0035

Article publication date: 1 March 1992

Abstract

In capital‐intensive industries, the management of the prime revenue‐earning capital assets is of critical importance. While much has been done to improve some key functions, such as maintenance of the asset, the area of materials management – a critical support service – is frequently ignored. Defines the scope and impact of materials management and sets out the key aspects involved in optimizing performance. Places emphasis on aligning the objectives of “materials” with overall corporate goals, and examines a number of internal and external influences (such as people factors, customer and supplier relationships, systems and technology, market trends and industry developments) to enable definition of the right “materials” strategy.

Keywords

Citation

Mitchelson, M. (1992), "Materials Management in Capital‐intensive Industries", International Journal of Physical Distribution & Logistics Management, Vol. 22 No. 3, pp. 15-19. https://doi.org/10.1108/EUM0000000000410

Publisher

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MCB UP Ltd

Copyright © 1992, MCB UP Limited