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List down and explain the advantages of integrated material management.

1. What are the prime functions of purchasing in material management?

2. Purchasing has important links with most of the organizational functions .Explain how purchasing form links with other organizational functions.

3. List down the systems of purchasing activities. What are the essential features of the purchase decision making problems

4. With the advantages of codification

5. What are the requirements that should be kept in view while deciding the coding structure?

6. Explain the elements of Material requirement planning?