Selection of Material Handling equipment is an important decision as it affects both the cost and efficiency of the handling system. Factors Affecting the Selection of Material Handling equipment The following factors are to be taken into account while selecting...
Material Handling Principles with examples Following are the principles of material handling: Planning principle: All handling activities should be planned. Systems principle: Plan a system integrating as many handling activities as possible and co-coordinating the...
Objectives of Material Handling Equipment Following are the objectives of material handling equipment : Minimize the cost of material handling. Minimize delays and interruptions by making available the materials at the point of use at the right quantity and at the...
The cost factors include investment cost, labor cost, and anticipated service hours per year, utilization, and unit load-carrying ability, loading and unloading characteristics, operating costs and the size requirements are the factors for the evolution of material...
Guidelines For Effective Utilisation Of Material Handling Equipments The following guidelines are invaluable in the design and cost reduction of the materials handling system: As material handling adds no value but increases the production cycle time, eliminate...
Relationship between operational layout and Material Handling Equipment There is a close connection between the concepts of plant layout and material handling. A good plant structure can ascertain the least material handling process and inexpensive material handling...
Material Management: Definition, Objectives, and Organization Some Definitions of Materials Management: (i) ‘Materials Management’ is a term used to connote “controlling the kind, amount, location, movement and timing of various commodities used in production by...
Materials management is a core supply chain function and includes supply chain planning and supply chain execution capabilities. Specifically, materials management is the capability firms use to plan total material requirements. The material requirements are...
Meaning of Materials Planning: Materials Planning has been defined as the scientific way of determining the requirements of raw materials, components and other items needed for production within the economic investment policies. It is rather a subsystem in the overall...
Definitions of JIT Just-in-time is a philosophy which means producing only what is needed, when it is needed, not early, not late; not less, not more. The key target is achieving high volume production using minimal inventories. It is an integrated but simplified...
Logistics Management – An Introduction According to Webster’s New Encyclopedia Dictionary logistics is “the branch of military science having to do with recurring, maintaining and transporting material, personnel, and facilities.” According to Council of Logistics...
Logisticians, who sometimes have titles such as logistics specialist or logistic analyst, coordinate and analyze the logistical functions or supply chain of an organization or firm. They oversee the entire life cycle of a product, including purchase, distribution,...
Stores Management The store is an important component of material management since it is a place that keeps the materials in a way by which the materials are well accounted for, are maintained safe, and are available at the time of requirement. Storage is an essential...
Advanced Material Management Advanced Material Management (AMM) enables businesses to produce electronic requests for materials, dispatch those materials, and track inventory movements of all inventory—including raw materials and work in process. Using wireless...
Inventory Management Inventory management or control refers to the management of idle resources that have future economic value. Alternatively, Inventory may be defined as usable but idle resources that have economic value. Inventory management is one important...