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MATERIALS MANAGEMENT
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:
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language | | english |
wordcount | | 987 (cca 2.5 pages) |
contextual quality | | N/A |
language level | | N/A |
price | | free |
sources | | 0 |
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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
Essay is in categories
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Economics
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Management
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