Executives' perceptions of the steel industry's materials management system effectiveness

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Abstract

Materials management is a key component of supply chain management in public sector enterprises, especially in the steel industry. It entails managing the flow of materials while concurrently evaluating factors including demand, price, availability, quality, and delivery dates. This focuses on the necessity of thorough planning for effective material management and control. Small material input cost reductions can lower manufacturing costs and increase profits. The study aims to analyse the executives' perception towards the dimensions of materials management efficacy and also examines respondents’ demographic status. The results reveal that there is a significant association between demographic variables designation, education and experience with the dimensions quality, convenience, and cost while there does not exist a significant association with the dimensions time, quantity and human resource. The study develops a better understanding of the factors determining the efficacy of materials management systems in steel sector enterprises.

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APA

Kokkiligadda, S. R., Katta, R. M. R., Patro, C. S., & Jitta, M. R. (2024). Executives’ perceptions of the steel industry’s materials management system effectiveness. Multidisciplinary Science Journal, 6(7). https://doi.org/10.31893/multiscience.2024127

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