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1. What are the value addition aspects/prospects of the following activities to materials planning in an organization practicing a continuous/flow production system?
2. How can information technology aid in:
|language || ||english
|wordcount || ||987 (cca 2.5 pages)
|contextual quality || ||N/A
|language level || ||N/A
|price || ||free
|sources || ||0
Table of contents
Preview of the essay: MATERIALS MANAGEMENT
(a)Value analysis:-this is a systematic procedure aimed at ensuring that necessary functions are achieved at minimum cost without deteriorating to quality reliability performance and delivery. This is normally after production activity
(b)Value engineering:-This is the ...
... to be limited to demand (c)Selection of right materials handling equipment
❖ Reduce risk of damages to stock
❖ Reduced handling space
❖ Increased safety
❖ Reduced labor requirement
❖ Greater economy in use of space
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