20 Oct 2018

Materials Management

Materials management is the branch of logistics that deals with the tangible components of a supply chain. Specifically, this chapter covers the acquisition of spare parts and replacements, quality control of purchasing and ordering such parts, and the standards involved in ordering, shipping, and warehousing the said parts. An effective materials management plan builds from and enhances an institutional master plan by filling in the gaps and producing an environmentally responsible and efficient outcome. An institutional campus, office, or housing complex can expect a myriad of benefits from an effective materials management plan. For starters, there are long-term cost savings, as consolidating, reconfiguring, and better managing a campus’ core infrastructure reduces annual operating costs. Er. L K Thakur is pioneer in giving a techno-legal approach to the juridical systems in India. He is also the Chairperson of Vishw Nyay Mission duly registered under the Indian Trusts Act.

Er. L K Thakur is practicing at the Supreme Court of India and is also engaged in promoting human rights and duties education specially among the persons living below the poverty line. Er. L K Thakur has authored many books as well as occasional monographs besides case studies on different aspects of laws. Er. L K Thakur has participated in more than 100 international conferences and summits during 35 years of his career related to entrepreneurship, consultancy, teaching, research and legal practice. Er. L K Thakur operates from his outfit at Vrindavan where he is constantly busy in legal as well as spiritual work.

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