Purchase & Materials Management ppt.

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The presentation explaining the Materials Cycle.

ASSIGNMENT 1 THE MATERIALS CYCLE Purchase & Materials Management

The Receiving Process Submit to Purchasing Department, the user & accounting department The Receiving Clerk In Charge

Inspecting the Material Quality Control Head in Charge

Return Policy If the Material is Rejected

Quality Problems

Inventory Control If the material passes inspection

[object Object],[object Object],Inventories Inventories solve materials management problems but there are strong incentives for maintaining minimum stocks. Materials should be made available when needed Balance the cost of carrying stock against cost of possible shortages Every minor delay in every minor component would cause a serious shortage. Production rates of components and subassemblies always have to be perfectly synchronized. To avoid defects in scheduling & errors in forecasting.

The Final Stage THE MATERIAL CYCLE IS COMPLETE

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1. ASSIGNMENT 1 THE MATERIALS CYCLE Purchase & Materials Management

2. The Receiving Process Submit to Purchasing Department, the user & accounting department The Receiving Clerk In Charge

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4. Return Policy If the Material is Rejected

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6. Inventory Control If the material passes inspection

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8. The Final Stage THE MATERIAL CYCLE IS COMPLETE