the Materials Manager to permit uninterrupted flow of raw materials, components & parts from the suppliers to the corporation, to all consumer points in the organization & distribution of finished goods at minimum cost. Importance of Material Management: Material management is a service function. Following are some of the advantages of Integrated Materials Management: 1. However, the reasonable time needs to be considered so that the materials … An integrated approach to materials management i.e. Effective material management is able to reduce the overall cost of material. Organisations which have gone in a big way for the integrated materials management usually enjoy the following advantages : Better Accountability Through centralization of authority and responsibility for all aspects of materials function, a clear cut accountability is established. The avoidance of material wastage helps in controlling cost of production. The concept of Integrated Materials Management evolved as a rationale for bringing all the materials related activities under one common head viz. Material management is essential for every type of concern. An integrated system connects all material handling equipment and software in order to support all aspects of the production cycle, including receiving, processing, storage, picking and shipping. 7 Key Benefits of an Integrated Material Handling System. materials planning and control must look in to the problem areas in a co- coordinated manner in order to maximise the effectiveness of materials management. Better Accountability: ADVERTISEMENTS: By effective centralisation of authority and responsibility for all aspects of materials function, a clear cut accountability is established. Better accountability ,better coordination, better performance, better adaptability to EDP are some of the tangible advantages of the Integrated Materials Management besides a perceptible team spirit , morale and cooperation are the intangible gains. It is as important as manufacturing, engineering and finance. For example, in the purchasing process, discounts and bulk order may be economical as it reduced the transportation and ordering cost, thus, by minimizing the procurement cost of materials, the higher chances for reducing the overall project cost and concurrently increasing company profit. Cost is one of the major consideration in the entire cycle of projects. By connecting all these components, a well-engineered integrated material handling system can help in the following areas: Improve customer … An integrated materials management will result in the following advantages: The supply of proper quality of materials is essential for manufacturing standard products.