Material the profit center, Organization of materials function, materials planning. Right information system. Materials management and computers. Cost reduction by codification. Standardization and material management. Value analysis and materials management. Role of learning curve in materials management. Music 3D view of materials. Training for materials managers. Financial aspects in materials management. Financial discipline of inventors. Inventory management and EOQ. P and Q Systems of inventory. Warehousing management. Stock valuation and verification. Disposal of obsolete and items. Ordering systems purchasing cycle’s right price. Right time of buying. Right method of materials handling right mode of transport. Right quality. Right source. Right buyer –seller relations. Vendor rating. Negotiations. Legal aspects of buying. Contract management. Insurance: risk management import substitution. International buying. Canalization. Public buying. Project purchases. Network analysis and buying. Make-buy lease. Buying under uncertainty. Spare parts management. Ethics in materials management. Evaluation of materials function. Ganapathy Ram electricity board. Ganapathy Ram industries. Ganapathy Ram bus transport corporation. Ganapathy Ram gasoil. Ganapathy Ram electicals. Ganapathy Ram refinery. Ganapathy Ram sales incorporation. Ganapathy Ram fertilizers. Ganapathy Ram collieries.