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CONTENTS Chapter Materials Management Organisation for Materials Management Economy of Materials Management Materials Research and Materials Movement Materials Handling Store Keeping and Store Keeper The Store and Store Room Inspection Stock Control Identi?cation, Codi?cation and Standardization ABC Analysis Materials Planning & Budgeting Business Policy and Materials Management Economic Order Quantity Techniques in Material Management Evolution in Materials Management Source Selection Storing and Warehousing Management of Obsolete, Surpluses and Scraps Transportation and MM Materials Accounting and Veri?cation Purchase Management Purchase Procedures Purchase Systems Price Forecasting Purchase Department Records Negotiations Purchase Under Uncertainty Legal Considerations in Purchasing Value Analysis Purchasing and Ethics Purchase of Capital Equipments and Public Buying International Purchasing and Methods of Payments Import Procedures and Documents Import Substitution