Tutorial 5: Material Management (5. What are the aims of materials…
Tutorial 5: Material Management
1. What is material handling and logistics?
The goal of logistics is to successfully meet customer requirements.
The process of planning, implementing, and controlling procedures for the efficient and effective transportation and storage of goods, including services and related information, from the point of origin to the point of consumption
Art and science of moving, packing and storing of substances in any form.
It applies to the movement of raw materials, parts in process, finished goods, packing materials, and disposal of scraps.
Material handling is the function of moving the right material to the right place in the right time, in the right amount, in sequence, and in the right condition to minimize production cost.
2. How material handling and logistic works?
Materials handling is the function of moving the right materials to the right place in the right time, in the right amount, in sequence, and in the right condition to minimize production cost.
Materials handling covers virtually all aspects of all movements of raw materials, work -in-process or finished goods within a factory or warehouse
Primary objective of a supply chain manager should be to eliminate material handling where is possible. This includes minimizing inventory, travel distance, bottlenecks and loss due to spillage, wast, wrong handling, damage etc.
3. Discuss this statement “Material handling and logistics makes the supply chain works”.
The equipment is used, in loading and unloading operations, for movement of goods over short distances.
A company’s material handling system and processes are put in place to improve customer service, reduce inventory, shorten delivery time, and lower overall handling costs in manufacturing, distribution and transportation. So, it's make supply chain works
Moving material in and out of warehouse many types of equipment and system are in use, depending on the type of products and volume to be handled.
4. Discuss the term material management.
It is concerned with planning, organizing and controlling the flow of materials from their initial purchase through internal operations to the service point through distribution.
Scientific technique, concerned with Planning, Organizing &Control of flow of materials, from their initial purchase to destination.
5. What are the aims of materials management? Discuss with related “R” in materials management.
Right quantity of supplies
6. Briefly explain the purpose of material management.
To carry reserve stock to avoid stock out
To stabilize fluctuations in consumption
To satisfy the demand during period of replenishment
To provide reasonable level of client services
To gain economy in purchasing
7. What are the functions of material management? Briefly discuss
Materials planning and control: Materials required for any operation are based on the sales forecasts and production plans
Encompasses the identifying, quantifying and scheduling the acquisition of materials and equipment
The avoidance of material wastage helps in controlling cost of production.
9. What is forklift? What are the advantages and disadvantages of using the forklift.
A forklift (also called a lift truck, a fork truck, or a forklift truck) is a powered industrial truck used to lift and move materials short distances.
Ease Of Maintenance
Reduce the labor
Great Lifting & Loading Capacities
Very significant hazard to people
occupying the same workspace
Forklift induced injuries can be severe or fatal as the
trucks are heavy and powerful vehicles
Cost to train the labor to drive forklift
8. Explain the objectives of material management.
Consistency in quality
Good supplier relations
Low procurement & storage cost
Reduction of costs by using various cost reduction techniques such as variety reduction, standardization and simplification, value analysis, inventory control, purchase research
Co-ordination of the functions such as planning, scheduling, storage and maintenance of materials.
Purchasing the items from a reliable source at economic price