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

Business environment, how price and output determined under monopoly in sho...

how price and output determined under monopoly in short period

Describe how we learn new behaviours by operant conditioning, QUESTION 1 ...

QUESTION 1 (a) Define Learning (b) What are the different methods of learning? In operant conditioning, the patterns of rewards, punishments, and other consequences encourag

Functional areas of business, There are several functional areas of busines...

There are several functional areas of business that a recent female student must identify. The goal is to understand if her long-term goal of becoming the principal of anspecial n

BUSINESS, WHAT THE DIFFERENT BETWEEN BUSINESS MANAGEMENT AND BUSINESS ADMIN...

WHAT THE DIFFERENT BETWEEN BUSINESS MANAGEMENT AND BUSINESS ADMINISTRATION?

Principles of business.., Do you have sample assignments for qualification ...

Do you have sample assignments for qualification D/506/1942

Discuss the limitations to rational decision making, Question 1: (i) A...

Question 1: (i) An organisation evolves in a specific and general environment. Discuss, using examples, the components of each environment. (ii) ‘Ethical workplace behavi

Cash deposited in banks, QUESTION Part 1 Company X is evaluating ...

QUESTION Part 1 Company X is evaluating whether each of these items is a financial instrument and whether it should be accounted for under IAS 32 (1) Cash deposited in

Organisational behavioure , For an organisation that you know well (e.g., t...

For an organisation that you know well (e.g., the organisation, where you are currently employed or for which you worked in the past), using the relevant concepts, theories and mod

What is authoritarian in leadership, What is authoritarian in leadership? ...

What is authoritarian in leadership? Authoritarian: • Leader creates all decisions, demands and conveys implementation. • All policies are found by him unilaterally wi

Analyze a work activity for organization, Analyze a work activity in your s...

Analyze a work activity in your selected organization using appropriate objective setting techniques. What are the management and leadership style used in your selected organiz

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