Published on May 5, 2010
Slide 1: 3-1 PRODUCTION & OPERATIONS MANAGEMENT Slide 2: Presentation given BY DUKE GROUP “We think differently & we do Excellent” UNDER THE CANDID SUPPORT OF: MUKESH KUMAR SINGH UNDER THE GUIDENCE OF ALL OF MY CLASSMATES & RESPECTED “SWETA MAM” MATERIAL HANDLING : MATERIAL HANDLING MATERIAL IN THE FORM OF RAW MATERIAL SEMI- FINISHED GOODS ARE OF GREAT SIGNIFICANCE FOR THE SUCCESS OF AN ENTERPRISE. MATERIAL HANDLING DIRECTLY AFFECT ON THE SUCCESS OF FIRM. EXPENDITURE MADE ALL MATERIAL IS MONEY INVESTED IN INVENTORIES,COST OF STORAGE,TRANSPORTATION COST,INSURANCE,WASTAGE ETC.BECAUSE OF THE MAGNITUDE OF EXPENDITURE REQUIRED AND CONTROLLING MATERIAL. Definition : Definition Material handling involves the movement of material for one place to another for the purposes of production processing. they are moved either manually or mechanically. According to American material handling society, “Material handling is the art and science involving the movement and storing the substances in any form. Types of Material movement : Types of Material movement Vertical movement Horizontal movement Combination of both Objectives of Material Handling : Objectives of Material Handling To reduce material handling cost. Reduction in manufacturing through faster movement. To control towards flow of material. To improve working conditions and greater safety in movement of material. To reduce hazards during of movement of material. To utilize properly storage capacity and storage area. Hire productivity at lower manufacturing cost. Functions of Material handling : Functions of Material handling Selection of equipment, machine and plant layout to eliminate or minimize material handling requirement. Selection of appropriate and efficient the cost of material and safe material equipment. Minimizing the cost of material handling by minimizing movement of semi-finished goods during production. To plan movement of optimum number of pieces in one unit. Minimization of distance moved. Eliminate/ minimize back tracking and duplicate handling. Factor which Affect on Material Handling : Factor which Affect on Material Handling Types of Product. Plant layout. Types of Production process. Factory building. Production planning and control. Managerial policy. Principles of Material Handling : Principles of Material Handling Reduce back tracking. Mechanized material handling. Short distance movement of heavy materials. Reduction in time. System flexibility. How material handling can reduce time movement of material : How material handling can reduce time movement of material Waiting time Loading & unloading time Travel time Material movement Inventory : Inventory Types of Inventory Items Raw materials and purchased parts from outside suppliers. Components: subassemblies that are awaiting final assembly. Work in process: all materials or components on the production floor in various stages of production. Finished goods: final products waiting for purchase or to be sent to customers. Supplies: all items needed but that are not part of the finished product, such as paper clips, duplicating machine toner, and tools. Slide 12: Inventory Costs Ordering (Setup) Costs The costs, usually fixed, of placing an order or setting up machines fora production run. Acquisition Costs The total costs of all units bought to fill an order, usually varying with the size of the order. Inventory-Holding (Carrying) Costs All the costs associated with carrying parts or materials in inventory. Stock out Costs The costs associated with running out of raw materials, parts, or finished-goods inventory. Basic Inventory control techniques : Basic Inventory control techniques ABC Classification. VED analysis. HML analysis. SDE analysis. FSN analysis. JIT analysis. Two Bin analysis. 3-13 Slide 14: Thank You!