This case study examined the implementation of an integrated materials management strategy on a large 4.2 billion pound civil infrastructure project in the UK. The strategy focused on pulling materials as needed, delivering them to the work site on time, minimizing vehicles on site, and increasing workflow reliability. It defined objectives based on these principles, designed a system around marketplaces, collection runs, supplier agreements, satellite stores and inventory management, then implemented the strategy in three steps. The results included cost savings, high supply reliability, reduced inventory and lead times, improved performance, transparency and standardization.
Codification of materials can also be termed as the identification of materials. This deals with uniquely identifying each item in the inventory. It is a simple concept. For a good quality control system a unique identification is a pre-requisite.
Purchasing Management
Principles of Purchasing Management OR (8 R'S)
Functions of Purchasing Management
Negotiating
Value Engineering
VALUE ANALYSIS
Receive Purchase Request
Supplier selection
Payment Authorization
Market research and Information
Selection of Source
Determination of Price and Availability
Follow Up
SIM Unit 4
Store management :
Materials handling,
Flow of goods/FIFO,
Computerization of inventory transactions
Security of stores,
Stocking and technical impacts-
shelf life,
wastage,
pilferage
Codification of materials can also be termed as the identification of materials. This deals with uniquely identifying each item in the inventory. It is a simple concept. For a good quality control system a unique identification is a pre-requisite.
Purchasing Management
Principles of Purchasing Management OR (8 R'S)
Functions of Purchasing Management
Negotiating
Value Engineering
VALUE ANALYSIS
Receive Purchase Request
Supplier selection
Payment Authorization
Market research and Information
Selection of Source
Determination of Price and Availability
Follow Up
SIM Unit 4
Store management :
Materials handling,
Flow of goods/FIFO,
Computerization of inventory transactions
Security of stores,
Stocking and technical impacts-
shelf life,
wastage,
pilferage
Stores management is part of the overall function of materials management. In order, therefore, to understand the function of the former it is desirable to have a clear understanding of what materials management stands for.
According to Alford and Beatty “storekeeping is that aspect of material control concerned with the physical storage of goods.” In other words, storekeeping relates to art of preserving raw materials, work-in-progress and finished goods in the stores.
slides with references: find the linked PDFs in my profile's upload section
SIM (stores and Inv Mgmt) unit 2:
Cost associated with inventories:
Ordering cost,
carrying cost,
over stocking cost,
under stocking cost,
other costs associated with service level.
Selective inventory controls:
Need of Inventory control,
objectives of inventory control,
concept of selective inventory control,
basis and use of different types of selective controls:
ABC,
VED,
HML,
FSN,
SDE,
SOS,
XYZ,
Multiple basic approach to selective inventory control (MBASlC) approach to drugs.
Purchasing and Material Management training Certification with iACT Global iACT Global
The purchasing management department ensures that all goods, supplies and inventory needed to operate the business are ordered and kept in stock. It is also responsible for controlling the cost of the goods ordered, controlling inventory levels and building strong relationships with suppliers.IACT offers Purchasing and Material Management Certification along with several e-learning courses to working professionals and students across India.
To know more call: 0120-3843057, 9654449005 or visit http://www.iactglobal.in/
Stores management is part of the overall function of materials management. In order, therefore, to understand the function of the former it is desirable to have a clear understanding of what materials management stands for.
According to Alford and Beatty “storekeeping is that aspect of material control concerned with the physical storage of goods.” In other words, storekeeping relates to art of preserving raw materials, work-in-progress and finished goods in the stores.
slides with references: find the linked PDFs in my profile's upload section
SIM (stores and Inv Mgmt) unit 2:
Cost associated with inventories:
Ordering cost,
carrying cost,
over stocking cost,
under stocking cost,
other costs associated with service level.
Selective inventory controls:
Need of Inventory control,
objectives of inventory control,
concept of selective inventory control,
basis and use of different types of selective controls:
ABC,
VED,
HML,
FSN,
SDE,
SOS,
XYZ,
Multiple basic approach to selective inventory control (MBASlC) approach to drugs.
Purchasing and Material Management training Certification with iACT Global iACT Global
The purchasing management department ensures that all goods, supplies and inventory needed to operate the business are ordered and kept in stock. It is also responsible for controlling the cost of the goods ordered, controlling inventory levels and building strong relationships with suppliers.IACT offers Purchasing and Material Management Certification along with several e-learning courses to working professionals and students across India.
To know more call: 0120-3843057, 9654449005 or visit http://www.iactglobal.in/
Production Planning and Control, Objective of production planning and control, Function of PPC, Types of the Production Systems, Process Planning, Sales Forecasting, Sequencing, Loading, and Scheduling, Line of Balance, Progress control, Economic Order Quantity (EQC), Goods Service Tax (GST)
Companies that optimize their inventory reduce inventory items and stock levels, avoid associated carrying costs and obsolescence write-downs. Want to know the best practices to optimize your inventory, check the presentation-
Facilities for management of Supply Chain
Since this is a broad field of study I have just covered the basic nuances of facility management in a supply chain insustry
The Roman Empire A Historical Colossus.pdfkaushalkr1407
The Roman Empire, a vast and enduring power, stands as one of history's most remarkable civilizations, leaving an indelible imprint on the world. It emerged from the Roman Republic, transitioning into an imperial powerhouse under the leadership of Augustus Caesar in 27 BCE. This transformation marked the beginning of an era defined by unprecedented territorial expansion, architectural marvels, and profound cultural influence.
The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
The Art Pastor's Guide to Sabbath | Steve ThomasonSteve Thomason
What is the purpose of the Sabbath Law in the Torah. It is interesting to compare how the context of the law shifts from Exodus to Deuteronomy. Who gets to rest, and why?
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptxEduSkills OECD
Andreas Schleicher presents at the OECD webinar ‘Digital devices in schools: detrimental distraction or secret to success?’ on 27 May 2024. The presentation was based on findings from PISA 2022 results and the webinar helped launch the PISA in Focus ‘Managing screen time: How to protect and equip students against distraction’ https://www.oecd-ilibrary.org/education/managing-screen-time_7c225af4-en and the OECD Education Policy Perspective ‘Students, digital devices and success’ can be found here - https://oe.cd/il/5yV
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
How to Create Map Views in the Odoo 17 ERPCeline George
The map views are useful for providing a geographical representation of data. They allow users to visualize and analyze the data in a more intuitive manner.
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
In this webinar you will learn how your organization can access TechSoup's wide variety of product discount and donation programs. From hardware to software, we'll give you a tour of the tools available to help your nonprofit with productivity, collaboration, financial management, donor tracking, security, and more.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
1. • An activity of an enterprise for procurement n use of
materials with a goal to achieve an integrated mg
approach to planning, acquiring, processing n
distributing materials from raw material stage to finish
product.
• Integrated material management as the function
responsible for the coordination of
planning, sourcing, purchasing, moving, storing and
controlling materials in an optimum manner so as to
provide a pre-decided service to the customer at a
minimum costs.
• Integrated material management is a systematic n
dynamic process of mg which
coordinates, supervises, n executes the tasks associated
with the flow of materials throughout an organization
in an integrated fashion or manner.
2. Advantages of integrated material mg
1. better accountability
2. better coordination
3. better performance
4. adaptability to edp
5. Procurement at the right time
6. Improved inventory control
7. Increased productivity
8. Control of price
9. Improved inventory control
10. Dead stock
11. Effective classification and codification
12. Heavy packages
13. Assurance of verifying right materials
14. Better focus on urgent material
15. Quick return of defective
16. Better utilization of stores space
17. Reduced paperwork
18. Reduced correspondence
19. Ease for accounting department
20. miscellaneous advantages
4. • A description of this case study including
results, components of integrated material
management strategy, and detailed approach.
• The case study was carried out during the civil
phase of a 4.2 billion pounds civil infrastructure
project in the united kingdom.
• It was one of the largest projects in Europe.
• The project presented specific challenges, such as
traffic conditions, security, lack of lay down
area, that forced to fine 5 key principles for
managing materials supply. they are as follow :
5. a) Materials must be pulled from the supply network
as needed at the workface.
b) Materials must arrive at the right place, at the
right time, in the right quantity.
c) The supply network is achieved at the best value
for the customer
d) All necessary actions are taken to minimize vehicle
on – site.
e) All the necessary actions are taken to increase
workflow reliability on – site.
• The development of integrated materials
management strategy followed 4 step process is :
define, design, implement and operate.
6. • The integrated materials management strategy
was defined based n the above 5 principles by the
owner . These were translated into objectives.
• With clear objectives in place, the integrated
materials management solution was then designed
on the basic of 5 components.
1. Marketplace
2. Collection runs
3. Supplier sign
4. Satellite stores
5. Inventory management system and electronic
ordering.
7. • The definition and design of the strategy took place
in the early stages of the construction. The
implementation process followed 3 main steps
a) Define product list
b) Select preferred supplier
c) Set up a sign replenishment system
• A more comprehensive description of the results
obtained, after the implementation of the
integrated material management strategy , they
are as follow :
8. • Cost saving
• Daily supply reliability was higher than 97 %
• A reduction of inventory levels.
• Supply lead time was reduced
• Significance performance
• Financial results
• High level of transparency
• Standardized product