Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
1. Reciprocal Relations: When a company deliberately buys as much as possible from its own customers it is said to practice reciprocity. In consumer goods industries reciprocity is not a problem as the sales are spread among many users. In producer goods industries however reciprocity is a fact of business life.
2. New Materials and Products: Engineering and manufacturing managers are always interested in new products and materials that will help them more efficiently and thereby achieve one of their primary objectives. The purchasing department can help because it deals regularly with the suppliers responsible for the new developments.
3. Economic Make or Buy : Make or buy decisions are generally made by committees consisting of departmental heads. The purchasing manager should spot the need for a make or buy decisions and refer it to the committee for actions.
4. Standardization: The fewer the items that need be controlled the simpler and more efficient does the materials management process become. Thus it is to the interest of the materials personnel to promote standardization and simplification of specifications.
5. Production Improvement: This is the most important primary objective of engineering department but the purchasing department can assist the engineering department. Their economic knowledge can supplement the technical skills of the engineers on programmes to boost profits through product change.
6. Inter Department Harmony: Materials management department deals with about almost all departments in the company. It can greatly contribute to the success of every other department and at the same time the success of materials management department depends on cooperation from the personnel of the other department.
7. Acquisitions: Business acquisitions and mergers are common. Acquisitions is taken as one of the ways of business expansion. It is no easy job to identify a possible candidate for acquisition and then to make the necessary overtures for eventual merger.
Planning which is the process of formulating future courses of action (i.e. deciding in advance what needs to be done, how it is to be done, when it is to be done and by who. W
Asstion #Minimum 100 words accepted#
Question 1: (a) What are the principal stages of a project life cycle? (b) Describe fully the steps involved in the project planning process. Question 2: "Effective
QUESTION (a) Accurate estimation is crucial for effective planning and control and is associated with time, information, experience of estimator, techniques used and funding. D
Hi I would like to know if you assist on the dissertation or what services you can provide. Thanks,
Question 1: "Matrix structures are becoming more common and are likely to continue to do so in the future" (Field and Keller, 1998). a) Describe likely problems with functio
Advantages of FMS Flexible manufacturing systems are regarded as one of the most efficient methods to employ in reducing or eliminating problems in manufacturing industrie
M is a business that sells custom made computer-based information systems. Every customer order is for a unique system, which will contain experts from many functional areas within
when we use simo chart
After analyzing the three models, and comparing all three using a paired-t test, we found out that the results of the modifications to the base model were statistically significant
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd