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Production & Operations Management

The document provides information about material handling and inventory management. It defines material handling and discusses the types of material movement. It outlines the objectives, functions, and factors that affect material handling. It also discusses principles of material handling and how it can reduce time in material movement. Finally, it describes inventory, inventory costs, basic inventory control techniques and provides definitions.

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Rohit Maurya
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383 views

Production & Operations Management

The document provides information about material handling and inventory management. It defines material handling and discusses the types of material movement. It outlines the objectives, functions, and factors that affect material handling. It also discusses principles of material handling and how it can reduce time in material movement. Finally, it describes inventory, inventory costs, basic inventory control techniques and provides definitions.

Uploaded by

Rohit Maurya
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
You are on page 1/ 14

PRODUCTION

&
OPERATIONS
MANAGEMENT

3-1
Presentation
BY
given
DUKE GROUP
“We think differently & we do
Excellent”
UNDER THE CANDID SUPPORT OF:
1. MUKESH KUMAR SINGH

UNDER THE GUIDENCE OF ALL OF MY CLASSMATES


&

RESPECTED “SWETA MAM”


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

 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

 Vertical movement
 Horizontal movement
 Combination of both
Objectives of Material Handling

1. To reduce material handling cost.


2. Reduction in manufacturing through faster
movement.
3. To control towards flow of material.
4. To improve working conditions and greater
safety in movement of material.
5. To reduce hazards during of movement of
material.
6. To utilize properly storage capacity and storage
area.
7. Hire productivity at lower manufacturing cost.
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

 Types of Product.
 Plant layout.
 Types of Production process.
 Factory building.
 Production planning and control.
 Managerial policy.
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

Material
Material movement
movement

Waiting
Waiting time
time Travel
Traveltime
time
Loading
Loading & &
unloading
unloading time
time
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.
Inventory Costs
• Ordering (Setup) • Inventory-Holding
Costs (Carrying) Costs
– The costs, usually fixed, of – All the costs
placing an order or setting associated with
up machines for carrying parts or
a production run. materials in inventory.
• Acquisition Costs • Stock out Costs
– The total costs of all – The costs associated
units bought to fill an with running out of
order, usually varying with raw materials, parts,
the size of the or finished-goods
order. inventory.
Basic Inventory control
techniques

 ABC Classification.
 VED analysis.
 HML analysis.
 SDE analysis.
 FSN analysis.
 JIT analysis.
 Two Bin analysis.

3-13
Thank You!

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