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Materials Management
1. Is Dannis Chako justified in eliminating George
Machine Company as a supplier of brushes?
2. In what respect is the complaint from George
Machine Company justified?
3.
Prepare
a report for Renuka Thomas explaining the decision to eliminate George Machine
company as a supplier. Use quantitative data as much as possible to support
your answer?
Q.1) Summarize & Analyse the case with reference
to the principles of materials management?
Q.2) How o reduce the inventory of TIL without
affecting its operations?
Q.1)
Study
& Analyze the case with ref to the principles of materials management?
1. List the other items of club scrap (besides old
newspapers and magazines) that can be sold. Estimate approximate quantum of
income from each head of scrap sale?
2. What should the new secretary do about the sale
of scrap?
3. Draft a set of guidelines if Mr. Kavi chooses to
regularize the sale of scrap material?
Q.1)
Summarize
& analyze the case with reference to the principles of material management?
Q.1) Discuss the merits of the proposal of
introducing the concept of IMM in HAMCO. Would you agree that the apprehensions
of the participants at the meeting were correct? Do you feel that the
introduction of IMM would achieve the target of 7.5 per cent of inventory
reduction in six months? Give reasons to justify your opinion.
Q.1) Discuss with en or to reduce the lead-time to
almost to zero level. This can avoid the situation of the stock outs.
Q.1) Summarize and analyze the above case with
reference to the principles of material management?
MATERIALS
MANAGEMENT
1.What do you understand from integrated materials
management? What are the obstacles encountered to make this approach effective?
2.Name the industry and the products for which
materials requirement planning technique would be suitable than economic order
quantities and explain why?
3.What do you understand from Materials Requirement
Planning (MRP)? What are its advantages over conventional tools of inventory
planning? Which types of industries have use of this technique ?
4.Why should purchase department participate in
product development ? Explain to what extent it is practiced in Indian Industry
?
5.Describe the procedure to be followed for the
purchase of an item until payment of the bill. Indicate the controls involved.
6. What are blanket orders ? What are their salient
features ? For what type of items is this method of buying suitable ?
7.How will you organize buying of seasonal commodities ? Explain giving
examples ?
8.How does “Buying under risk” differ from “Buying
under uncertainty” ? Give a comparative analysis of the two methods ?
9.What are the responsibilities of receiving stores
? What are the different types of materials received in the organization ?
10.What is pallet ? What are the different types of
pallets used in the industry? Describe in brief the advantages of palletisation
?
11.Define logistics management. Explain briefly the
benefits that can accrue to the organization from the successful implementation
of the concept ?
12.How does an effective system of electronic data processing help in
materials management ?
13.What do you understand from classification of materials ? why is it
done ?
14.What are the different methods of codification of items ? Explain
them briefly ?
15.Discuss in details how standardization can assist management in any
four of the following :
a)
Better inventory
control
b)
Reduction in
manufacturing cost.
c)
Quality improvement
d)
Minimization of
obsolete and dormant stock
e)
Economics in
purchasing
f)
Better stores
management
16.What is meant by selective control of
inventories ? What different methods are used for selective control of
inventory items ?
17.“ABC analysis indicates selective control of inventories” Discuss.
18.What is the importance of EOQ in inventory
control ? what are the limitations of EOQ concept ?
19.“Best buying results when annual procurement
cost equals annual inventory carrying cost” Discuss ?
20.“Long term contracts with
staggered deliveries are better than frequent orderings for A and B class of
items.” Discuss.
Material Management
1. What is the need for International
Purchase? Discuss the procedure and problems in International Purchase.
2. Differentiate between independent and
dependent demand inventory. Dependent demand inventory items do not need to be
forecast. Why not? Explain with the help of examples?
3.
If you reduce WIP then you expose
many organizational bottlenecks." Comment on this statement. Also, state
the reasons for your agreement/disagreement.
4. Explain how a performance appraisal
system can be used in the context of materials management. What are the metrics
of performance appraisal in materials management?
5.
What is the scope of materials management?
Define the various roles of materials management in the context of internal and
external interfaces to a materials management system.
6.
Why is negotiation an important
aspect of purchasing? Describe the elements and objectives of negotiation. Also
discuss the negotiation process and techniques.
7.
Discuss the various losses in
warehouses. What are the reasons of their generation? Discuss the procedure of preventing and controlling
losses in a warehouse.
8. What are the measures you recommend to
maintain inventory security in stores? Discuss in brief the problems and their
remedies in case of valuation of finished goods and work-in-process inventory.
Material Management
1. Explain the steps involved in systematic
material handling analysis.
2. Explain the different methods of buying goods
from abroad.
3. Discuss the criteria to be taken in to account
in vendor rating.
4. Discuss the role of information in materials
management.
5. Elaborate your understanding regarding
analysis of sources of supply and its Evaluation.
1.
What do you mean by
Material planning ? Explain the factors affecting it.
6.
Annual requirement of diesel oil for a power station is 120,000 liters.
Purchases are made in bulks of 10,000 liters. The ordering cost is Rs. 37.50
per order and inventory carrying cost is Rs. 0.01 per liter. Find: (a) EPQ
Total cost
7. Explain in brief the procedure of purchasing
generally followed by an industry.
8.
Discuss the role of material handling equipment in reducing the cost of storage
and store room operations.
9. (a) Describe codification along with its
importance.
10. Explain VED analysis. Write its advantages
also.
WE PROVIDE CASE STUDY ANSWERS, ASSIGNMENT SOLUTIONS, PROJECT REPORTS AND THESIS
ARAVIND - 09901366442 – 09902787224
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