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

Compute the operating characteristics of interest, An urn contains nine whi...

An urn contains nine white balls and 11 black balls. A ball is drawn and replaced. If the ball is white your opponent pays you 25 cents. If it is black you pay him 25 cents. You ha

What is utility of materials requirement planning, What is utility of mater...

What is utility of materials requirement planning second to manufacturing operations? It is evolved by MRP-I. A system which incorporates not only material needs, but all manuf

Straighten(seiton)&sustion(shitsuke), explain and give for examples hotels ...

explain and give for examples hotels services...how them service ?

Describe double exponential smoothing, The Cardinal Electronics Company mus...

The Cardinal Electronics Company must project the sales of cellular phones for the next year (called year 2). The number of cell phones sold by Cardinal Electronics in each of the

Location analysis, explain the series of steps involved and various factor...

explain the series of steps involved and various factor effecting location decion?

Objectionable about psychological tests preemployment screen, Utilitarians ...

Utilitarians would not find anything inherently objectionable about psychological tests as long as the interests of all parties were taken into account and given equal consideratio

Labour intensity - operations function, Labour Intensity - Operations Funct...

Labour Intensity - Operations Function Labour intensity is defined as the ratio of the labour cost incurred to the value of the plant and equipment employed. It is important t

Define uninformed aspiring international business executive, "U.S Managemen...

"U.S Management theories contain a number of idiosyncrasies not necessarily shared by management elsewhere"...and then proceeds to mention three specific examples. Why might these

Explain lincoln electric company don''t want to join a union, Why doesn't L...

Why doesn't Lincoln Electric Company want to join a union?

Describe major options for appraisal of employees, What are the major optio...

What are the major options for appraisal of employees? Discuss each option, identifying the one that you think is "Best", and why you chose that option

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