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

Define the total cost of ownership concept, a). briefly discuss under what ...

a). briefly discuss under what circumstances IS resources might provide the firm with a sustainable competitive advantage. b). Define what is meant by 'IS Evaluation' and explai

What are the human relations of a successful manager, What are the human re...

What are the human relations of a successful manager? Human Relations skill: Human Relations skill considers as the capability to work effectively along with others and b

What are the restrictions of budget, What are the restrictions of budget? ...

What are the restrictions of budget? Restrictions of budget: a. As budget is based onto estimates, which is, estimated sales, costs, business circumstances, many more. it

Explain main reasons why an organization may fail to plan, QUESTION 1 (...

QUESTION 1 (a) What are the likely benefits which an organization may derive from the planning process? (b) Explain the main reasons why an organization may fail to plan

Describe any two characteristics of a formal organization, QUESTION (a)...

QUESTION (a) Using suitable instances distinguish between formal and informal organization. (b) Describe any two characteristics of a formal organization. (c) Illustrate

What is labour turnover, What is Labour Turnover? Labour Turnover: ...

What is Labour Turnover? Labour Turnover: Labour turnover considers as the movement of workers within and out of an organisation. This may be described as the time-to tim

Disposal of rejected product, The product which is rejected in final ins...

The product which is rejected in final inspection represents a direct loss to the manufacturer. Therefore most companies have a system of review of the rejected product. This

Discuss the key benefits of e-business, Question 1: Name and Discuss th...

Question 1: Name and Discuss the key benefits of E-Business? Question 2: (a) Describe the four activities of a Customer Service Life Cycle. (b) Define the Three (3) B

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