Question: Q: Material management refers to the loading, unloading and movement of all types of materials in a storage vicinity. As the logistics sector makes its

Q: Material management refers to the loading, unloading and movement of all types of materials in a storage vicinity. As the logistics sector makes its inroads into automation, handling of the materials become convenient in contrast to conventional method of managing them. Management of material may involve as much as 50 percent of the total production cost of a business's goods. Hence, the aims of material management become vital to the firm. Discuss FIVE (5) purposes of material management based on your understanding with relevant examples. (25 marks).Subject: INTERNATIONAL MARITIME LOGISTICS AND CONTROL.

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