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Functions of work Measurement:
1. To analyze the operations and to evaluate them in terms of time from the point of view of controlling the activity.
2. To control machine and labor utilization after assessing to plant capacity accurately.
3. To standardize the working conditions for an efficient operation.
4. To standardize the standard of performance which ultimately form the basis of the wage payment to the direct labor?
What is the difference between purchasing and supply management? What is the difference between a supply chain orientation and supply chain management?
Discuss how various legal, political, economic, and cultural systems may affect the brokering of a relationship with international partners.
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