Mba 2nd Sem Mlm Notes (Materials Management)

Research two (2) manufacturing or two (2) service companies that manage inventory and complete this assignment.

The storage section is responsible for storing the received supplies on the warehouse shelves, they are also responsible for pulling the items from the shelves when customers request items that are stored on the shelves within the warehouse. The issuing section is responsible for issuing and ensuring that supported customers receive their supplies in a timely manner. The stock control and the issue section have the most interaction with the supply support activity’s customers.

| Interpret the given information relating to moving, handling and/or storing resources, relevant to the given occupation.

It is to help in ensuring that the inventory is up to date and helps in determining the material that can be seen if there is a discrepancy in the inventory or the bill of materials for the finished product. It also is done periodically to help identify the material that is not being used and can be disposed of properly. It is a good way to ensure that inventory problems can be resolved before an issue in production (Wisner , Tan, & Leong, 2012).

Ensure sufficient stock of all items is kept in good order to meet foreseeable demands as per production plan.

decide if the staffs are abiding by functional guidelines. Third reason, codes assist the progress of

reviews internal functions and external functions and compares the functions to best practices by all

• Safeguard all property utilizing key control procedures and site storage security requirements. Help manage the transfer of equipment to designated units utilizing standardized procedures and property regulations and policy for the coordination, layout and complete transfer of all equipment. Assist with all processes dealing with inventory procedures to include; equipment inventory layout, component list inventories, sub hand receipts and shortage annex procedures, assist with cyclic and sensitive items inventories, relocation of equipment and materials, assist with tracking paperwork processes, safeguarding equipment through key control and storage requirements.

3) Based upon the information in the article, what are some examples of how you would use this management function? Compare that to some actual examples from the article. How do they differ?

While keeping distribution costs, inventory and storage of goods at an acceptable level, the company should keep products in a convenient place at a suitable period of time with an appropriate quantity.

functions. A number of of these would incorporate pump operations, hose line advancement, fire ground operations.

b)Facilities for storing and dry cloth (Section – 43): The provision of suitable places for keeping clothing not worn during working hours and for the drying of wet clothing.

Controls purchases and inventory by meeting with account representatives; negotiating prices and contracts; developing preferred supplier lists; reviewing and evaluating usage reports; analyzing variances; taking corrective actions.

How is it designed to assist management in determining which functions are critical to the continued operation of the organization?

As time progress every business can find ways to be more efficient and effective. This can be achieved by analyzing each step of the process and find ways to eliminate "waste". "Waste" can be define here as variables of but limited to time, raw materials, employees, steps in the process, and or