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Material Management By Using Sap in Real Estate Construction Sector
Ganesh Patare Ashok, , Ashish Pawar
Published in
2016
Volume: 3
   
Issue: 12
Pages: 252 - 257
Abstract
Volume: 03 Issue: 12 | Dec -2016 www.irjet.net p-ISSN: 2395-0072 {\textcopyright} 2016, IRJET | Impact Factor value: 4.45 | ISO 9001:2008 Certified Journal |Abstract – Material management play an important role in construction industry. As far as real estate sector is consider construction material may constitute more than 60% cost of the total project cost. Material management is a scientific technique, concerned with planning, organizing and control of flow of materials, from their initial purchase to destination. System Application and Product (SAP) can help organization to reduce operating costs, generate more accurate forecasts of material, manage and maintain the inventories of material, accelerate procurement and enhance the delivery-storage-consumption of material at right time. To implement an integrated system of materials management, there must be a central database wherein anyone in the company can find out all information about any material passing through the plant. SAP streamlines all the business functionalities and gives desired result in one click. An SAP system can help to improve the communication within an organization. SAP is user friendly i.e. information will be obtained as and when required. By using SAP (Materials Management-Module) for real estate construction industry, the product can be ordered and received within safety period. This Paper contains a detail study of Material Management module implemented by a Kalpataru Ltd. A real estate company from pune.
About the journal
JournalInternational Research Journal of Engineering and Technology (IRJET)