Dictionary
Materialwirtschaft
German → American English
American English
Materials management
Bereich der Planung, Beschaffung, Lagerung und Steuerung von Materialien in einem Unternehmen.
Eine effiziente Materialwirtschaft reduziert Kosten und vermeidet Produktionsengpässe.In business and industry, Materialwirtschaft is often used for the full process of planning, procuring, storing, and controlling materials; it is broader than just purchasing.
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Frequently asked questions
What does Materialwirtschaft mean in English?
It means materials management.
Is Materialwirtschaft the same as Einkauf?
Not exactly. Einkauf means purchasing or procurement, while Materialwirtschaft covers the broader management of materials, including planning, inventory, storage, and supply.
How is Materialwirtschaft used in a company?
It refers to the organization and control of materials so that production and operations always have the needed supplies at the right time and in the right quantity.