Process of procurement of raw material and components, Operation Management

Assignment Help:

Explain the process of the procurement of raw material and components.

Managing the procurement of raw material and components into the production process of an organisation can be a major and complex process. Many organisations operate within just in time (0JIT) environments, attempting to minimise material inventory and handling, this typically requires effective communication and good systems to allow uninterrupted flow of production. The relationship between purchasing and other departments is a very important one; it ensures inventory arrives at the right place, right time, right quality, right quantity and the right price.


Related Discussions:- Process of procurement of raw material and components

Outline one attribute or capacity of servant leadership, 1 Address the foll...

1 Address the following questions and concepts: 1) Describe one attribute or capacity of servant leadership and explain how and where you might apply this pri

Explain the term marketing and selling, Explain the term Marketing and Sell...

Explain the term Marketing and Selling. Marketing and Selling : The marketing theory is a management orientation which holds that the key task of the organization is to find o

Define what is the utilization rate of this service system, "Fast Eddie" Fl...

"Fast Eddie" Flournoy manages the service equipment division of Delta Airline's Atlanta terminal. He keeps a service crew on call to repair tow tractors that break down. Tractors b

Explain current average time the trucks spend in the system, You are in cha...

You are in charge of a quarry that supplies sand and stone aggregates to your company's construction sites. Empty trucks from construction sites arrive at the quarry's huge piles o

Explain null and alternative hypotheses to be tested, TRUE or FALSE. The Se...

TRUE or FALSE. The Sergio Lumber Company manufacturers plywood. One step in the process is the one where the veneer is dried by passing through a huge dryer (similar to an oven) wh

Explain conflict often contributes to effective decision, Is and Why Confli...

Is and Why Conflict often contributes to effective decision making? Is an why Intuition is a valid approach to decision making in the work place?

Explain skills associated with effective project manage, Determine which of...

Determine which of the eight traits or skills associated with being an effective project manager would be the most effective when managing a group of newly hired engineers. Justify

Quality management., examples of internal and external failure cost

examples of internal and external failure cost

Explain objective functions for an lp model equivalent, Are the following o...

Are the following objective functions for an LP model equivalent? That is, if they are both used, one at a time, to solve a problem with exactly the same constraints, will the opti

Line balancing, What do you understand by “line balancing”? What happens if...

What do you understand by “line balancing”? What happens if balance doesn’t exist?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd