Purchase & Materials Management ppt.
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Purchase & Materials Management ppt.

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The presentation explaining the Materials Cycle.

The presentation explaining the Materials Cycle.

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Purchase & Materials Management ppt. Purchase & Materials Management ppt. Presentation Transcript

  • ASSIGNMENT 1 THE MATERIALS CYCLE Purchase & Materials Management
  • The Receiving Process Submit to Purchasing Department, the user & accounting department The Receiving Clerk In Charge
  • Inspecting the Material Quality Control Head in Charge
  • Return Policy If the Material is Rejected
  • Quality Problems
  • Inventory Control If the material passes inspection
    • Safety Margins
    • Cost of Inventories
    Inventories Inventories solve materials management problems but there are strong incentives for maintaining minimum stocks. Materials should be made available when needed Balance the cost of carrying stock against cost of possible shortages Every minor delay in every minor component would cause a serious shortage. Production rates of components and subassemblies always have to be perfectly synchronized. To avoid defects in scheduling & errors in forecasting.
  • The Final Stage THE MATERIAL CYCLE IS COMPLETE