Titlebook: Materials Management; An Integrated System Prem Vrat Textbook 2014 Springer Nature India Private Limited 2014 Integrated Systems Approach.I

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Material Specification, Codification, and Standardization,tandardization, simplification, and variety reduction. Codification should become a starting point of this initiative. A material identification code uniquely encapsulates relevant key information about a particular item in 7–10 digits using numerals or alphanumeric codes. Codification may reveal ex

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Management of Material Waste,ics, and energy-related areas as well. A trilogy of energy, economics, and environment is impacted by efficient and effective waste management. It is also called SOS (surplus-obsolete-scrap) management, an acronym that gives it a sense of urgency and importance. An ideal form of waste management is

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IDEAS

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Source Selection, Performance Rating, and Development,dor to support the supply function. An enlightened, dependable, and ethical vendor is a great asset. The attributes of a good vendor are price, quality, lead time, delivery schedule, after-sales service, and attitude during emergencies. A proactive search for good vendors is facilitated with the pow

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Value Analysis for Material Cost Reduction,roduct, a part, or a process and eliminates them to provide the necessary function at a minimum cost. A systematically conducted value analysis program can cut down costs by 15–20 % due to cheaper material, relaxed tolerances, less expensive manufacturing processes, etc. VA is a company-wide activit

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Textbook 2014ess of materials management. The subject is crucial for global competitive advantage, as materials constitute the largest single cost factor in manufacturing and service, and their effective management enhances value for money. In this context, inventory is a barometer of materials management effect

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2192-4333 ty for inventory management.Covers almost all aspects of mat.This book examines the problem of managing the flow of materials into, through, and out of a system in order to improve the efficiency and effectiveness of materials management. The subject is crucial for global competitive advantage, as m