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...Purchasing and inventory control in mm material management is one of the critical crucial part every organization involved manufacturing process bad methods has lead to fall organizations total number spares varies from an efficient effective system important for cost maintenance objectives minimize capital blocked up or other words maintain optimum level strike a balance between production costs operating avoid wastages losses utilization functions identify required maintaining equipments asses annual requirements determine how much procure when standardization slow moving obsolete defective damaged items life where ever it applicable preparation policies procedures suit prepare spare parts specifications auditing inventories regularly analysis selective approach each item according its importance be chosen most are b c consumption v e d vital essential desirable f s n fast non...