Why is a Product Important? А product is а bundle of utilities consisting of various product-features and accompanying services expected to yield satisfaction or benefits to the buyer.
What is Production Control? The production control is the function of management which plans, directs and controls the material supply and processing activities of an enterprise so that
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
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
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
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
Stages in Vendor Selection and Evaluation The following are the important stages in selection and evaluation of vendors. 1. Survey Stage All possible sources are explored and their
What is Scheduling in Production Planning? Scheduling means specifying means, specifying the time that will be needed for the production of articles at each stage. Scheduling determines when
