The purpose of materials management is to ______________.
A) obtain raw materials and component parts for the operations division
B) negotiate the best prices for raw materials and component parts
C) find and approve major suppliers of raw materials and parts
D) support the transformation of raw materials and component parts into shipped or finished goods
E) supervise the purchasing function

Question

Quizplus · Accepted Answer

The purpose of materials management is to support the transformation of raw materials and component parts into shipped or finished goods. This includes overseeing inventory levels, procurement of materials, and logistics and transportation to ensure a smooth supply chain process. While obtaining raw materials and negotiating prices are important functions of materials management, they are not the sole purpose. Managing suppliers and supervising purchasing may be a part of the overall process, but not the primary purpose.

The Purpose of Materials Management Is to ______________