Control Of Material
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This document discusses material control and how to effectively manage inventory levels. It describes two key aspects of material control: physical control and controlling investment in materials. Physical control involves limiting access, segregating duties in purchasing, receiving, storage, and recording. It also stresses the importance of accurately recording inventory transactions. Controlling investment focuses on setting order points and economic order quantities to minimize total inventory costs by balancing ordering and carrying costs. The economic order quantity model aims to determine the optimal order size.
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This document discusses inventory management. It defines inventory as items held for sale or used in production. The objectives of inventory management are to minimize investment in inventory while meeting product demand. Holding inventory incurs costs like ordering, carrying, and opportunity costs. There is also risk of price declines, deterioration, and obsolescence. Tools for inventory management include ABC analysis, economic order quantity, order point problems, two bin technique, and just-in-time systems. The document provides examples and explanations of these various inventory management techniques.
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This document discusses inventory management. It defines inventory as items held for sale or used in production. The objectives of inventory management are to minimize investment in inventory while meeting product demand. Holding inventory incurs costs like ordering, carrying, and opportunity costs. There is also risk of price declines, deterioration, and obsolescence. Tools for inventory management include ABC analysis, economic order quantity (EOQ), order point problems, two bin technique, and just-in-time (JIT) systems. JIT aims to maintain minimal inventory levels and rely on suppliers for just-in-time delivery, compared to traditional just-in-case systems with higher safety stocks.
INVENTORY CONNTROL.pptx
This document summarizes inventory control concepts for a Master of Pharmacy program. It defines inventory control as tracking inventory from purchase to sale to ensure enough stock is available to fulfill orders and avoid shortages. The objectives of inventory control are to meet future demand variations, highlight peak sales times, smooth production, and meet customer needs timely. Inventory classification methods and factors affecting control are described. Costs associated with inventory like purchasing, holding, shortage, and other costs are outlined. The economic order quantity formula is provided to balance ordering and handling costs.
Inventory management
This document provides an overview of inventory management. It defines inventory as the physical stock of economic resources held to support smooth operations. The objectives of inventory management are to minimize costs and maximize production efficiency. Inventory is classified into direct categories like raw materials, work in process, and finished goods as well as indirect categories like safety stock. Factors that affect inventory levels include demand, ordering cycles, and economic parameters. Different inventory control systems are discussed, including EOQ which aims to minimize total inventory costs by balancing ordering and carrying costs. Costs associated with inventory holding include carrying costs, shortage costs, ordering costs, and procurement costs.
14. Tracking & Managing Inventory.pptx
This document discusses inventory management and tracking. It defines inventory and inventory management, and outlines their purpose and objectives which include minimizing investments and meeting product demand efficiently. It describes different types of inventory and how inventory relates to supply chain management. The document also discusses forms of demand, inventory control systems, inventory tracking, and why tracking is important for visibility, avoiding shortages and errors.
Material management
Material management involves planning, organizing, and controlling the flow of materials from initial purchase through use. It aims to obtain materials of the right quality, quantity, time, place, and cost. Key aspects include demand estimation, procurement, storage, inventory control methods like ABC and VED analysis, maintenance and repair of equipment, and disposal of condemned materials. Effective material management is crucial for providing necessary supplies to healthcare workers and delivering quality services to patients.
INVENTORY MANAGEMENT.thakur
This document discusses key concepts in inventory management. It defines inventory as items held in stock for sale or transformation. The purposes of inventory management are determining order quantities and timing. There are different types of inventories including raw materials, work-in-process, and finished goods. Concepts covered include just-in-time, vendor-managed inventory, and efficient consumer response. ABC analysis and VED classification sort inventory items by importance. Economic order quantity and reorder point models aim to minimize total costs. Safety stock is extra inventory to mitigate risks of stockouts. Quantity discounts incentivize larger purchases.
1713717.ppt
Warehousing management involves storing products at various points between origin and consumption. Warehouses hold goods in the supply chain, providing functions like transportation consolidation and product mixing. There are different types of warehouses like public, private, and contract warehouses. Efficient warehouse operations aim to provide timely customer service while minimizing costs through proper layout, storage, order picking, and inventory control. Key factors that influence effective warehouse use include cube utilization, stock location systems, order picking methods, and physical security elements.
Material management
This document discusses material management and its key activities and objectives. Material management aims to obtain the right quality and quantity of supplies at the right time, place, and cost. It involves planning materials requirements, purchasing, transportation, storage, inventory control and materials handling. The objectives of material management planning are to gain economy in purchasing, satisfy demand, carry reserve stock and provide reasonable costs. Inventory control and selective inventory control methods like ABC analysis are also discussed.
MATERIAL COSTING.pptx
The document provides information on materials control procedures including purchasing, storing, and issuing materials. It discusses key aspects of materials control like purchasing control, stores control, and issue control. The objectives are to have the right quality and quantity of materials available when needed. Procedures covered include purchase requisition, supplier selection, purchase order, receiving goods, and payment. Methods of stores control include proper layout, classification/coding, inventory control techniques like ABC analysis, JIT, and stock levels. Pricing of issues can be done via FIFO, LIFO, weighted average, etc. Inventory turnover and number of days inventory is held are also discussed.
material-management-1.pptxInternal corrosion prevention:Internal corrosion pr...
Materials Management
Chapter 03 Material Costing
1. to understand the basic principles of Material Control
2. to study the procedures of Purchase, Storing and Issues
3. to acquaint with the latest techniques in inventory control
4. to understand the pricing of issues
Warehousing Management by FIU
Warehousing involves storing products between the point of origin and consumption. Warehouses play an important role in logistics systems by providing time and place utility. The main functions of warehouses include transportation consolidation, product mixing, docking, service, and protecting against contingencies. There are different types of warehouses like public, private, and contract warehouses. Designing an efficient warehouse requires considering space requirements, layout, and processes like receiving, storage, order picking, and shipping. Key factors that influence effective warehouse operations are cube utilization, stock location systems, order picking methods, and security controls.
WAREHOUSING MANAGEMENT
Warehousing involves storing products between the point of origin and consumption. Warehouses play an important role in logistics systems by providing time and place utility. The main functions of warehouses include transportation consolidation, product mixing, docking, service, and protecting against contingencies. There are different types of warehouses like public, private, contract, and multi-client. Design considerations include warehouse space requirements. Principles of warehouse layout design and efficient operations aim to provide timely customer service while minimizing costs. Key warehouse processes involve receiving, storage, order picking, and shipping.
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3:国家专业人才认证中心颁发入库证书
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三.真实教育部学历学位认证（教育部存档！教育部留服网站永久可查）
四.办理各国各大学文凭(一对一专业服务,可全程监控跟踪进度)
如果您处于以下几种情况：
◇在校期间，因各种原因未能顺利毕业……拿不到官方毕业证【微bwp0011】
◇面对父母的压力，希望尽快拿到；
◇不清楚认证流程以及材料该如何准备；
◇回国时间很长，忘记办理；
◇回国马上就要找工作，办给用人单位看；
◇企事业单位必须要求办理的
◇需要报考公务员、购买免税车、落转户口
◇申请留学生创业基金
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
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https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
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真实可查(nwu毕业证书)美国西北大学毕业证学位证书范本原版一模一样
原版定制【微信:bwp0011】《(nwu毕业证书)美国西北大学毕业证学位证书》【微信:bwp0011】成绩单 、雅思、外壳、留信学历认证永久存档查询，采用学校原版纸张、特殊工艺完全按照原版一比一制作（包括：隐形水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠，文字图案浮雕，激光镭射，紫外荧光，温感，复印防伪）行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备，十五年致力于帮助留学生解决难题，业务范围有加拿大、英国、澳洲、韩国、美国、新加坡，新西兰等学历材料，包您满意。
【业务选择办理准则】
一、工作未确定，回国需先给父母、亲戚朋友看下文凭的情况，办理一份就读学校的毕业证【微信bwp0011】文凭即可
二、回国进私企、外企、自己做生意的情况，这些单位是不查询毕业证真伪的，而且国内没有渠道去查询国外文凭的真假，也不需要提供真实教育部认证。鉴于此，办理一份毕业证【微信bwp0011】即可
三、进国企，银行，事业单位，考公务员等等，这些单位是必需要提供真实教育部认证的，办理教育部认证所需资料众多且烦琐，所有材料您都必须提供原件，我们凭借丰富的经验，快捷的绿色通道帮您快速整合材料，让您少走弯路。
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
【关于价格问题（保证一手价格）】
我们所定的价格是非常合理的，而且我们现在做得单子大多数都是代理和回头客户介绍的所以一般现在有新的单子 我给客户的都是第一手的代理价格，因为我想坦诚对待大家 不想跟大家在价格方面浪费时间
对于老客户或者被老客户介绍过来的朋友，我们都会适当给一些优惠。
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Control Of Material
- 2. What is the Purpose of this Picture???
- 4. Physical Control • Limited Access • Segregation of Duties • Accuracy in Recording
- 5. Material Control • Order points • Economic Order Quantity (EOQ)
- 6. Only Authorized Personnel should have access to materials storage areas Physical Control
- 7. Segregation of Duties • Purchasing • Receiving • Storage • Use • Recording
- 8. Accuracy in Recording • An effective materials control system requires the accurate recording of the purchase and issuance of materials
- 9. Controlling the investment in Materials • Order Point • Economic order Quantity
- 10. Order Point The Point at which an item should be ordered called the order point • Usage: the anticipated rate at which the material will be used. • Lead Time: the estimated time interval between the placement of an order and the receipt of the material • Safety Stock: the estimated minimum level of inventory needed to protect against stock outs •
- 12. Example • Daily Usage 100 kg • Lead Time 5 Days • Safety Stock 1000 kg • Order Point…………………… (1500 kg )
- 13. Economic Order Quantity • The order quantity (EOQ) is the quantity of inventory that minimize the cost of inventory management. • The most important categories of inventory costs are ordering costs and carrying cost.
- 14. EOQ 2* Cost of order* numbers of units required annually • Carrying cost per units
- 16. Thank you