Category: Materials Management
Materials Management
What is Capacity Planning? Capacity planning refers to determining what kind of labour and equipment capacities are required and when they are required. Capacity is usually planned on the …
Materials Management
What is Production Follow Up? Follow up or expediting or progressing is that branch of production control procedure which regulates the progress of materials and parts through production process. …
Materials Management
Advantages of the Combined Materials (Stores) and Purchase Department The following are some of the advantages of combining materials and purchase departments in an organization. 1. Procurement at the …
Materials Management
Issues in the evaluation of potential suppliers Some of the issues while evaluating potential suppliers in marketing are briefly discussed below. 1. Factors to be Considered After a list …
Materials Management
Codification of Materials One of the most important factors in dealing with the materials is the human element which cannot be ignored or bypassed in devising any method of …
Materials Management
The quality control circle or more popularly known as quality circle concepts were formed in Japan in 1960 and in United States it started in 1977. Gradually it caught …
Materials Management
Objectives of Demand Forecasting The objectives of demand forecasting can be divided into two categories, namely short-term objectives and long-term objectives. Short-term Objectives of Forecasting 1. Formulation of Production …
Materials Management
Continuous Production System Continuous production system involves a continuous or almost continuous physical flow of materials. It makes use of special purpose machines and produces standardized items in large …
Materials Management
Process of New Product Development Every product has a certain life period. The life-cycle of a product reveals that after a certain period, all products face the problem of …
Materials Management
Objectives of Product Development Product development is a continuous and dynamic process. In reality it is an unending process of the manufacturing system. There are two main objects of …
