Material Management Key Terms
Use material management key terms to give your business a professional edgeThe field of material management covers many facets including quality control, acquisition, monitoring standards and working with surplus materials. Understanding material management key terms helps the professional communicate about different parts of the job.
Using material management key terms not only clarifies terms and conditions, but it also shows one's dedication to the profession by taking the time to learn proper word usage. It helps clear communications between professionals and clients.
Design specificationA design specification shows required characteristics an item must have for contract consideration. Design specification demonstrations define product manufacturing methods.
GoodsBusinesses refer to personal property like supplies, equipment, materials and commodities as goods.
Hazardous wasteIf a material poses a threat to human health or the environment it can be hazardous waste. The waste could be gas, liquid or solid.
NAPMThe National Association of Purchasing Management (NAPM) is a nonprofit technical and educational organization of materials and purchasing management and buying agencies for both private and public sectors.
Remanufactured productThis term refers to a product made from discarded materials. Manufacturers refurbish and market the products without greatly changing their original form.
United States Environmental Protection Agency offers a description of an initiative used to offer remanufactured products for material management. It highlights the benefits of using this type of product for more efficient and cleaner technologies.
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