Business process re-engineering provided a substantial improvement to this function
The materials management function is always a major
concern to management of any industrial organization, since
high inventory and an inefficient procurement process
significantly affect profitability. Problems multiply due to
the current dynamic business environment in many countries.
Hence, existing materials planning and procurement process
and inventory management systems require a review.
This article shows a radical improvement in the
materials management function for an Indian petroleum
refinery through business process re-engineering (BPR) by
analyzing the current process, identifying key issues,
deriving paradig
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