Work

Efficiency analysis system of material management

Year: 2012
Type: article
Abstract: Background: Significant scope of enterprise's efficiency management is improving of material management process both the strategic and operational level. The complexity of material flow processes can lead to a threat such as distraction and disintegration of analysis focusing on many different factors influenced on effective sourcing and procurement management, transport and warehousing processes, inventory management, working capital and cash flow management. \n \n\tMaterial and methods: The presented article focuses on multidimensional and multi-criteria analysis of material management efficiency that is considered as decision support system. Authors have presented results of the research regarding ineffective material management confirm insufficient analytical supporting in various decisions of procurement operations. \n \n\tResults and conclusions: Based on research results authors presented in the article model of efficiency analysis system of material management.
Language: English
Open Access status: green
OpenAlex ID: W1562474566
FWCI: 5.337
Cites: 10
Cited by: 14
Related to: 10