This comprehensive textbook is meticulously designed to align with the Central Board of Studies syllabus for B.Com. Part-3 (Paper Code: BC-2406). It offers a structured approach to understanding the critical function of Material Management in modern organizations, bridging the gap between theoretical concepts and practical industrial applications. The content is divided into five distinct units to ensure complete syllabus coverage: Unit I (Introduction): Lays the foundation by defining the scope, objectives, and organizational structure of Material Management, emphasizing the "5 Ms" of management (Men, Machines, Methods, Money, and Materials). Unit II (Stores & SCM): Bridges the gap between traditional Stores Management and modern Supply Chain Management (SCM), focusing on location, layout, and the flow of materials. Unit III (Linkages): Explores the vital inter-departmental linkages between Material Management and functional areas such as Production, Finance, Marketing, HRM, IT, and Total Quality Management (TQM). Unit IV (Production): Provides technical insights into industrial production processes (Job, Batch, Mass, and Continuous production) and the common machinery and tools used in manufacturing. Unit V (Inventory & Packaging): Delves into the core techniques of Inventory Management and Control (including EOQ and ABC Analysis), along with strategic policies regarding Packaging and Warehousing. By integrating theoretical concepts with practical industrial applications, this book serves as an essential resource for commerce students to understand how to manage the flow of materials efficiently from procurement to final distribution.