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

Explain a few decision-making models in management, Question: (a) Expla...

Question: (a) Explain a few decision-making models in management, giving examples of management decisions in each case. (b) The three main management styles which belong to

Managerail economics, Using the case study approach,discuss the significanc...

Using the case study approach,discuss the significance of managerial economics in regard to business strategies employed by business entities currently operating in the global econ

Determine the leadership style, Question 1: During the financial crisis...

Question 1: During the financial crisis in America, many Chief Executive Officers decided to give up their bonuses as a measure to deal with this drastic situation. Taking this

Explain adaptive-response-rate single exponential smoothing, Question: ...

Question: (a) State and explain the conditions under which the following exponential smoothing techniques will be chosen: (i) Winters' exponential smoothing. (ii) Holt's ex

Demonstrates the skill at different levels of management, Demonstrates the ...

Demonstrates the skill at different levels of management? Require for a skill at various levels of Management is demonstrated below into the diagram as demonstrated below:

Managerial skills and levels of management, discuss the managerial skills n...

discuss the managerial skills needed at the different levels of management

Strategy, strategy as an organizational process

strategy as an organizational process

International business strategy, Evaluate The Case Made In The Article For ...

Evaluate The Case Made In The Article For The Third Leg In The Strategy Tripod With Particular Reference To The Effectiveness Of The Four Cases Offered In Supporting The Central Ar

Bureaucratic approach, is bureaucratic approach appropriate for nestle

is bureaucratic approach appropriate for nestle

Explain different kinds of managers within an organisation, Question 1: ...

Question 1: ‘Planning is a means to an end, a method used to position an organisation, through prioritising its use of resources according to identified goals.' Show the ad

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