Material Flow
Material flow refers to the movement of raw materials, components, and finished products through a production process. It encompasses all stages, from sourcing materials to manufacturing and distribution. Efficient material flow is crucial for minimizing waste, reducing costs, and ensuring timely delivery of products.
In supply chain management, effective material flow helps organizations optimize their operations. By analyzing the flow of materials, companies can identify bottlenecks and improve processes. This can lead to better inventory management and enhanced customer satisfaction, as products are delivered more reliably and efficiently.