Importance of materials handling, Business Management

Assignment Help:

Importance of Materials Handling

It is hard to  realized how  important are material handling in the  cost  of operation because it is  something  that is  quite  common  to everyone.  But when  once  its nature  is exposed  it may be difficult  to overlook  it as a major  potential  of effecting cost reduction.  Materials  handling  problems assume  importance due to  a number  of factors;

 Various  studies made in different  industries  indicate that  cost of  handling  alone accounts for  about  20- 25% of total manufacturing  costs  in any  particular  industry may be is largely   the result  of the methods and equipment used.

1. It is  usually  found that each  part is handled 50- 60  time while  passes through the chain of  manufacture. Expressed in tones it is found  that on an average 59 tons of materials are  handled for every tone of finished product.

2. Increased  Safety: Materials  handling account for 21%of the  permanent  disabilities and over  25%  of the  temporary disabilities .

3. Reduce Damage Claimas: Modern handling methods  have paid  off in the reduction of  damage in  parts and materials.

4. Ease Drudgery for Men: Most  of the jobs done by  man huddling are mere drudgery for men in  the first place. Some  of the mechanized handling jobs being done today  would  be a sheer  physical  impossibility for  manual labor  with in  the present economic frame work.

5. The field  of materials  handling remains still to be fully explored . materials handling  techniques  are not only  industry biggest  opportunity they  are industry biggest  necessity. Competition  is  beginning  to force this  new  technology  upon  industry.


Related Discussions:- Importance of materials handling

What is new public management, QUESTION 1 (i) What is New Public Manage...

QUESTION 1 (i) What is New Public Management? (ii) Describe the New Public Management principles which help to transform public sector organisations into entrepreneurial age

International business of ernst & young, International Business of Ernst & ...

International Business of Ernst & Young Ernst & Young is one of the largest global leaders in the professional service provider. As per the changing demand of the customers,

Describe stress management programs, Describe stress management programs: ...

Describe stress management programs: Q. The Director of Nursing at Smalltown General Hospital claims that several nurses are experiencing job burnout. Describe the three compo

Frauds of the century: the case of bernard madoff, what were the ethical is...

what were the ethical issues involved in the madoff case?

Define good governance, QUESTION 1 a) Define good governance b) Desc...

QUESTION 1 a) Define good governance b) Describe the importance of good governance in the business context QUESTION 2 Taking the Mauritian context in consideration

Evaluate the results of the experiment, Q. Evaluate the results of the expe...

Q. Evaluate the results of the experiment? Ans. Thomas Lord carried out a practical experiment to investigate Ohm's law as part of his engineering science assignment. The

What is an electronic data interchange (edi), QUESTION Most organizatio...

QUESTION Most organizations began information processing on a small scale, automating one application at a time. Systems tended to raise independently and not according to some

Different types of business letters, What are the different types of busine...

What are the different types of business letters? Explain with example

Crystal arts uses the fifo method of stock control., Crystal Arts a) O...

Crystal Arts a) Opening stock is the price of a firm's stocks at the beginning of a trading period. The value is equal to that of the closing stock in the previous trading per

What do you understand by stress, Question 1: Industrial psychology is ...

Question 1: Industrial psychology is basically an applied field that is concerned with issues arising in a work environment and efficient management of an industrial labor forc

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