Materials management refers to the comprehensive supervision and control of all aspects of a material's lifecycle, starting from procurement and extending through production stages, with the objective of ensuring the availability of materials to meet specific requirements and schedules. It encompasses various functions such as purchasing, production control, shipping, and receiving. The primary goal of materials management is to optimize the flow of materials within an organization, coordinating activities to ensure timely availability while minimizing costs and maintaining quality standards. By effectively managing the procurement, production, and logistics processes, materials management contributes to the overall efficiency and success of an organization's operations.