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Describe Materials Planning

Materials Planning: It is the planning and control of functions supporting the complete cycle (that is, flow) of materials, and the related flow of information. Such functions comprise (A) identification, (B) cataloging, (C) standardization, (D) require determination, (E) scheduling, (F) procurement, (G) inspection, (H) quality control, (I) packaging, (J) storage, (K) inventory control, (L) distribution, and (M) disposal. Also termed as materials planning.

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