Copyright?2001byTheMcGraw-HillCompanies,Inc.Allrightsreserved.McGraw-Hill/Irwin7-*CHAPTER7ManagingMaterialsFlowCopyright?2001byTheMcGraw-HillCompanies,Inc.Allrightsreserved.McGraw-Hill/Irwin7-*MaterialsManagementActivitiesAnticipatingmaterialsrequirementsSourcingandobtainingmaterialsIntroducingmaterialsintotheorganizationMonitoringthestatusofmaterialsasacurrentassetCopyright?2001byTheMcGraw-HillCompanies,Inc.Allrightsreserved.McGraw-Hill/Irwin7-*ObjectivesofIntegratedMaterialsManagementLowcostsHighlevelofserviceQualityassuranceLowleveloftied-upcapitalSupportofotherfunctionsCopyright?2001byTheMcGraw-HillCompanies,Inc.Allrightsreserved.McGraw-Hill/Irwin7-*DifferencesBetweenInboundandOutboundTransportationMarketdemandthatgeneratestheneedforoutboundmovementismoreuncertainandfluctuatingInboundtransportationtendstoinvolvebulkraw