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TUTORIAL 5 (MATERIAL HANDLING) (AIM OF MATERIAL MANAGEMENT (RIGHT PRICE,…
TUTORIAL 5 (MATERIAL HANDLING)
Material handling is the movement, protection, storage and control of materials and product throughout manufacturing, warehousing, distribution, consumption and disposal
AIM OF MATERIAL MANAGEMENT
RIGHT PRICE
RIGHT QUALITY
RIGHT PLACE
RIGHT QUANTITY
RIGHT SOURCE
RIGHT TIME
PURPOSE OF MATERIAL MANAGEMENT
Max efficiency of purchasing & production
Max inventory investment
Max customer service
Max profits
OBJECTIVES
PRIMARY
right price
better supplier relationship
lowering storage cost
increasing the inventory turnover
SECONDARY
Make or Buy decision
new materials & product
Planning & forecasting
Standardization
DEFINITION OF FORKLIFT
a small vehicle with two power-operated prongs at the front that can be slid under heavy loads and then raised for moving and stacking materials in warehouses, shipping depots, etc.
advantage
The forklift is of much use for specialists in distribution centres, huge modern makers and even in the realm of development. It has been intended to give a proficient finish of assignments that comprises of stacking substantial materials not skilled by a couple of specialists if difficult work is embraced. This kind of machine makes work speedier which can be likened to quicker creation and advancement of a day by day work. This kind of machine that is particularly utilised at specific zones has a forked stage wherein the diverse burdens are set and moved to a spot where it is covered.
disadvantage
Not suitable for indoor use without expensive emissions accessories and proper ventilation
Sometimes the capital cost of diesel forklifts can be more expensive than propane forklifts
A bulk tank for fuel storage is sometimes required and is an extra cost above and beyond the cost of the forklift.
The cost of fossil fuels will likely climb dramatically in the years ahead