A STUDY ON MATERIALS MANAGEMENT AND ITS IMPACT ON PROFITABILITY OF MEDIUM SIZED ENTERPRISES –NTPC

Abstract

Material management is a critical component of the construction industry. The goal of materials management is to insure that construction materials are available at their point of use when needed. The materials management system attempts to insure that the right quality and quantity of materials are appropriately selected, purchased, delivered and handled on site in a timely manner and at a reasonable cost. A proper implemented material management program can achieve the timely flow of materials and equipment to the jobsite, and thus facilitate improved work face planning, increased labor productivity, scheduling and minimize the cost. Material management is an important function in order to improve productivity in construction project. It is defined materials management function which takes off, vendor evaluation and selection, purchasing, expenditure, shipping, material receiving, where housing and inventory, and material distribution. In this project we have prepare scheme of material management in the construction industry for building project also conducting survey of industry and determine the various format for construction material management. As well as talk over the tracking system of material management in the industry and also discuss the software development for proper management.