1. Materials Management
... warehouses controlled by physical distribution are primarily finished goods warehouses, field warehouses, or distribution centres; those controlled by materials management are the raw materials and production stores warehouses. On the other hand, traffic and production control frequently constitute points of contention between physical distribution management advocates and materials management advocates. In the case ... also know what inventory costs. That includes: Carrying costs. In addition to the interest on the working capital tied up, there are the costs of storage space, stores sta...
- Word Count: 8123
- Approx Pages: 32
- Has Bibliography