Department of B com Computer Application has organized an E-lecture on ‘Material Management in Industries’ for the students of B com CA. The lecture was part of a series of e-lectures the Department is planning to organise for the students. The session on Material Management was handled by Mr. Allen Varghese Jacob, Assistnat Professor, Post Graduate Dept. of Commerce, St Mary’s College, Manarcad. Dr Mary P U (HOD) welcomed the gathering. Prof.Allen emphasized that Material management is the core supply chain function and it includes supply chain planning and supply chain execution capabilities. Mr Allen also explained that the goal of material management is to provide an unbroken chain of components for production of goods on time. The material department is charged with releasing materials to a supply base and ensuring that the materials are delivered on time to the company using the correct carrier. He concluded by ascertaining that the primary objective of Material Management is the assured supply of material, optimum inventory level and minimum deviation between actuals and planned results. All the students were actively involved in the lecture and it ended with a vote of thanks by Miss. Jasmin from III BCom CA.