As the world recovers from this unprecedented recession, one thing becomes clear, and that is, remaining in business and remaining profitable is going to be tougher. Time has come to look, think and do differently. As Albert Einstein said, "The significant problems we face cannot be solved at the same level of thinking we were at when we created them". Therefore, the business world must now focus on innovating its business processes and look at different and better ways to help themselves remain in business and make profits. This book, in order to meet the current business challenges, suggests a business management innovation concept. This concept requires a paradigm shift in the focus of the organization's management from finance, marketing or manufacturing to the materials resources of the organization. Under the MRD concept, the materials resources referred to are not just the input materials for production in case of manufacturing or goods and finished products in case of a...

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