Material management is concerned with the input process of manufacturing and includes the flow of raw materials, piece parts, components and finished goods to supply the sales/marketing functions with the product. It covers all aspects of material costs, material supply and utilization. An enterprise resource planning system is an information system. Now a day’s enterprise resource planning system offers many benefits to the manufacturing and construction industries. ERP is the integrated management of core business processes, often in real time and mediated by software and technology. The successful model of ERP system is to help senior managers to make better decisions when considering their organization.
Keywords : Material management, Enterprise resource planning, Construction management, Project life cycle, Inventory.