MATERIAL MANAGEMENT (7. What are the functions of material management?…
7. What are the functions of material management? Briefly discuss
Transportation and material handling
Inspection and quality control
Store keeping and warehousing
Standardization and evaluation of all products
Cost reduction through value analysis
5. What are the aims of materials management? Discuss with related “R” in materials management.
6. Briefly explain the purpose of material management.
Maximising customer service
Maximising the efficiency of purchasing and production
Maximising inventory investment
.What is material handling and logistics?
Material handling involves short-distance movement within the confines of a building or between a building and a transportation vehicle.
Logistics are defined as planning, execution, and control of the procurement, movement, andstationing of personnel, material, and otherresources to achieve the objectives of a campaign, plan, project, or strategy
8. Explain the objectives of material management.
Efficient use of working capital
• Economy of purchase
• Lowering storage cost
• Lowering inventory investment
• Increasing the inventory turnover
• Better supplier relationship
• Planning and forecasting
• Make or buy decisions
• New materials and products
• Product improvement
• Inter-departmental harmony
2.How material handling and logistic works?
Material handling using manual, semi-automated and automated equipment and systems that support logistics and make the supply chain work. Material handling concentrates into 4 dimensions, which are movement, time, quantity and space.
3.Discuss this statement “Material handling and logistics makes the supply chain works
Material handling and logistics is the corner soon of global productivity. The material handling and logistics industry is wider and growing and constantly innovate with new ways to get the way they need to be, quicker and more efficiently.
4.Discuss the term material management.
Material management is an end to end (E2E) scientific technique of planning, organising and control of flow of materials from its purchase to final destination.
9.What is forklift? What are the advantages and disadvantages of using the forklift.
A forklift is a powered industrial truck used to lift and move materials short distances
Lower total cost of ownership
Minimum noise level
Suitable for indoor use (comply with legislation)
Lower speed, long run and lift capabilities
Need for forklift battery charging stations and spare batteries to
Need for training on the proper use of the forklift battery