Companies rely on materials managers to handle the management of raw materials as demand for these resources grows around the world. A materials manager is usually hired by a company to keep track of and make the best use of the materials used to make products for sale to the general public, commercial clients, and government clients. This is an important role in a manufacturing or construction company that relies on careful material allocation during production.
A materials manager is often in charge of not only managing materials, but also purchasing them. Because costs vary depending on the scope and type of materials used, the materials manager must understand how and when to buy the best quality materials at the best price to maximize the company’s profits. In order to best meet company objectives on existing and future projects, a materials manager usually works closely with the executive management team.
The materials manager, in collaboration with logistics managers, evaluates existing projects to materials needed to produce finished products on a regular basis in order to best supervise this responsibility. This necessitates continuous inventory monitoring via a supply chain management system. It’s also sometimes necessary to keep spare parts on hand in order to repair returned products as part of a refurbishment program.
The materials manager’s other major responsibility is to coordinate efforts with the design or engineering team. This is to ensure that when products leave the shop, they meet or exceed industry quality and performance standards. In order to meet these demands, each project must be thoroughly examined, and the appropriate materials must be located and purchased. Failure to manage this aspect of the process can have serious ramifications for a business.
Materials managers typically have experience handling raw materials and inventory management in their industry of choice. This job necessitates a working knowledge of the materials used in the manufacture of specific products. This can be gained through on-the-job training or specialized training provided at work.
The materials manager’s job also necessitates resourcefulness in locating the raw materials required to produce consumer-demanded products. This usually entails forging strong working relationships with vendors and suppliers of the parts and materials required to complete the project. It also necessitates the ability to bargain for the best prices and delivery times so that projects can be completed on time and on budget.