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3...integrated approach to_material_management
 

3...integrated approach to_material_management

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    3...integrated approach to_material_management 3...integrated approach to_material_management Presentation Transcript

    • INTEGRATED APPROACH TOMATERIAL MANAGEMENT Soumya K.R M.Sc IF 3rd semester CUSAT
    • INTRODUCTIONMATERIALS MANAGEMENT(MM) INCLUDESPLANNINGSOURCINGPURCHASINGMOVINGSTORING ANDCONTROLLING MATERIALS
    • OBJECTIVES OF MMMATERIAL SELECTIONOPERATING COSTCONSISTENT QUALITYCONTINUITY IN SUPPLYLOW COST OF POSSESSIONHIGH INVENTORY TURNOVERVENDOR-VENDEE RELATIONSSTANDARDISATIONSCIENTIFIC SYSTEMS & RECORDS
    • INTEGRATED MATERIALMANAGEMENT1. INVENTORY CONTROL2. PURCHASING3. STORES MANAGEMENT4. MATERIALS PLANNING & CONTROL
    • 1. INVENTORY CONTROLIDLE RESOURCE OF AN ENTERPRISETHIS INVOLVES PYSICAL CONTROL MATERIALS PRESERVATION OF STORES, MINIIMISATION OF OBSOLESCENCE AND DAMAGE THROUGH TIMELY DISPOSAL AND EFFICIANT HANDLING
    • 2.PURCHASINGSELECTION OF SOURCES OF SUPPLYFINALISATION OF TERMS OF PURCHASEPLACEMENT OF PURCHASE ORDERSFOLLOWUPMAINTANACE OF SMOOTH RELATIONS WITH SUPPLAIERSEVALUATING AND RATING SUPPLAIERS
    • Purchase parameters Right place of Right material delivery Value analysis Right quality Price Rejections and stdisation specifications communication Right sources Vendor rating Right attitude Purchase Training research SWOT analysis Materials Right quantity intelligens EOQ & inventory Right contracts models Legal aspects Right Right price transportation Right time Negotiation Cost analysis of Re-order point Learning curvetransportation & Lead time logistics analysis
    • TYPES OF PURCHASINGSYSTEM1. PRE-PURCHASE SYSTEM2. ORDERING SYSTEM3. POST- PURCHASE SYSTEM 1.PRE-PURCHASE SYSTEM REQUISITION TRAVELLING REQUISITIONS ENQUIRIES
    • 2.ORDERING SYSTEMPURCHASE ORDER REFERENCE NUMBER.DESCRIPTION OF THE MATERIALS AND DETAILED SPECIFICATIONS.QUANTITY REQUIRED AND DELIVERY SCHEDULE & DETAILED TERMS,CONDITIONPRICE AND DISCOUNTS.LOCATION WHERE THE MATERIALS ARE TO BE SHIPPEDSIGNATURE OF THE MATERIALS MANAGER.
    • 3.POST-PURCHASING SYSTEMFOLLOW-UPRECEIPTINVOICE CHECKING
    • 3.STORES MANAGEMENT FUNCTIONS OF STORES  TO RECIEVE RAW MATERIALS, COMPONENTS, TOOLS etc. AND ITACCOUNT THEM.  TO PROVIDE ADEQUATE AND PROPER STORAGE AND PRESERVATION TO THE VARIOUS ITEMS.  TO MEET THE DEMANDS OF THE CONSUMING DEPARTMENTS BY PROPER ISSUE AND ACCOUNT FOR THE CONSUMPTION.  TO MINIMISE OBSOLESECENS,SURPLUS ect.
    •  TO HIGHLIGHT STOCK ACCUMULATION, DISCREPANCIES AND ABNORMAL CONSUMPTION. TO ENSURE GOOD HOUSE KEEPING . TO ASSIST IN VERIFICATION AND PROVIDE SUPPORTING INFORMATION.TWO SYSTEMS RECEIPT SYSTEM PHYSICAL SYSTEM
    • FUNCTONS OF M.PLANNING & CONTROL• INVOLVES ESTIMATING THE INDIVITUALS REQUIREMENTS OF PARTS,PREPARATING MATERIALS BUDGET,FORECASTING THE LEVELS OF INVENTORIES,SCHEDULING THE ORDERS AND MONITORING THE PERFORMANCE IN RELATION TO PRODUCTION AND SALES. TYPE OF MATERIALS PLANNING• MACRO FACTOR• MICRO FACTOR
    • THANK YOU