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
:MCB UP Ltd
Copyright © 1992, MCB UP Limited