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MATERIAL MANAGEMENT (7. What are the functions of material management?…
MATERIAL MANAGEMENT
7. What are the functions of material management?
Distribution
Transport and material handling
Material sourcing
Store keeping and warehousing
Material planning
Codification
Quality control
Standardization and evaluation of all products
9. What is forklift? What are the advantages and disadvantages of using the forklift?
ADVANTAGES
:pencil2:Great lifting and loading capasity.
:pencil2:The forklift is small but compact machine that is designed to work in tight and narrow area.
:pencil2: Ease to maintainance. Forklift are simple operation and maintenance
DISADVANTAGES
Battery charging stations must be installed for electric forklift
Not suitable for indoor use without expensive emissions accessories
For manual forklift, a bulk tank for fuel storage is sometimes required and is an extra costs above and beyond the cost of the forklift.
:confetti_ball: Also called a lift truck, a fork truck, or a forklift truck
:confetti_ball: is a powered industrial truck used to lift and move materials short distances
:confetti_ball: A small industrial vehicle with a power-operated pronged platform that can be raised and lowered for insertion under a load to be lifted and moved.:
5. What are the aims of material handling? Relate 'R' in material management.
:tada: Maximizes economics in purchasing, production process and customer satisfaction.
:tada:Right things at the right time with right control and procedure
:check: Right sources
:check: Right quantity
:check: Right place
:check: Right time
:check: Right quality
:check: Right price
8. Explain the objectives of material management
PRIMARILY OBJECTIVES
economy of purchase
lowering storage costs
efficient of working capital
lowering inventory investment
increasing the inventory turnover
better supplier relationship
right price
continuity of supply
consistency in quality
good information system
SECONDARY OBJECTIVES
new material and products
standardization
make or buy decision
product improvement
planning and forecasting
interdepartmental harmony
1. What is material handling & logistics?
:star:the process of helping manufactured, moved, store and protected, tracked and controlled and shipped in order to get towards final destination to the consumer.
2. How material handling and logistics works?
:star:uses of brought a way of equipment, system and services to move material and products through the SC such as :
:explode:Information technology
:explode: Automatic identification
:explode: Lifting equipment
:explode: Conveyor equipment
:explode: Store equipment
:explode: Sustainable green equipment
:explode: Safety equipment
3. Discuss the statement "Material Handling and Logistics makes the SC works"?
:star:Material handling and logistics is core global productivity.
:star:It's 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 handling
:<3: End to End (E2E) scientific technique of planning organizing and control the flow of material from its purchase to final destination.
6. Explain the purpose of material management
:smiley: maximizing profits
:smiley: maximizing inventory investment
:smiley: maximizing customer services
:smiley: maximizing the efficiency of purchasing and production