Author(s): Sunil Giri and Pinku Paul
This paper aims to examine the framework of materials management (MM) in material planning, handling, cost control, and quality assurance (QA). Moreover, the factors of QA were identified which affect the organization. The study also focuses on the impact of productivity, cost, and efficiency on MM and QA of the value chain.A total sample of 96 respondents were interviewed with a structured questionnaire. The responses captured were analyzed by using regression to frame the understanding and predict the impact. The results highlighted that MM is a function of QA, Cost Reduction(CR), Better Material Handling(BMH), and Efficient Materials Planning(EMP) which means organizations should focus on these parameters to have an effective MM framework in place. The results also signify that QA is a function of Process Approach(PA), Inspection(INPS), and Inventory Management(INVM) which means the quality of the resources maintained at the organization level would improve. The study has uncovered the various issues and the benefits that the companies are facing thereby providing insight to the managers, policymakers, and other related members of the manufacturing units.