Material Management (What are the aims of materials management? Discuss…
What are the aims of materials management? Discuss with related “R” in materials management.
Right things and the right control with the right control and procedure and maximizes economic in purchasing, production process & customer satisfaction
• 5R’s of material management
• Right quality
• Right quantity
• Right time
• Right price
• Right source
What is material handling and logistics?
Material handling makes production flow possible, as it gives dynamic to statistic element while logistics is the activity involve the supply chain activities while ultimate goal of logistic are fulfill the customer satisfaction and minimize the cost of production
How material handling and logistic works
A brought way of equipment, system and service to move material products through supply chain. It help to improve supply chain forecasting, resources location,product planning and location
Discuss this statement “Material handling and logistics makes the supply chain works”
Material handling incorporates a wide range of manual,
semi-automated and automated equipment and systems that support logistics and make the supply chain work. 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.
Discuss the term material management
Material management is a scientific technique, concerned
with Planning, Organizing &Control of flow of materials, from
their initial purchase to destination.
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
Briefly explain the purpose of material management
~ To gain economy in purchasing
~ To satisfy the demand during period of replenishment
~ To carry reserve stock to avoid stock out
~ To stabilize fluctuations in consumption
~ To provide reasonable level of client services
What are the functions of material management? Briefly discuss.
~ Material handling
~ Material sourcing
~ Transportation and Material Handling
~ Inspectation quality control
~ Store-keeping and Warehousing
~ Cost reduction through value analysis
~ Disposal of surplus/obsolete material
Explain the objectives of material management.
• Lower inventories
• Lower purchasing cost
• Handling the materials efficiency
• Regular supply
• Procurement of quality materials
What is forklift? What are the advantages and disadvantages of using the forklift.
Forklift is a multipurpose
equipment that is used at various sites.
Commonly used at construction sites,
warehouse, dockyards, etc.
1 . The best thing about electric forklifts is that they have
zero emission, which causes safe and healthy environment.
That is why these can be called the Green Forklifts.
These produce less noise pollution also.
Another huge advantage of such forklifts is that they have
no fuel cost.
Just like Car Batteries, the batteries of Electric Forklift are
changeable and Rechargeable.
One other benefit is that the operational cost is low.
Barking happens automatically in electric forklifts.
7.The Life of Electric Forklifts is greater than the other
types. These have large Life cycle.
8.Due to only few parts that these forklifts have, the
repairing is easy and cost effective.
They are usable indoor. So these can be kept clean for
10 .The charging and using indoor causes to away the
trouble of moving them outside to the fuel station.
These are much expensive. So everyone can not buy it.
Even the forklift rentals cost is also higher.
Another disadvantage is that the charging takes a lot of
time, and it is recommended not to run them until they are
The speed is slow.
The capability of lifting weight is lower than other forklifts.
You can not handle it until you are fully trained.
These are usable only indoor.
The battery weight of the electric forklifts is more than
3,500 pounds which is a great disadvantage.
They required proper charging environment.The area
should be properly dry and should have controlled
temperature, otherwise you can face accidents.