Role of material_management

Jun 28th, 2015
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Abraham Lincoln University
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: Material management can be defined as ‘the process of management which coordinates, supervises and executes the task associated with flow of materials to through and out of an organization in an integrated fashion.

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Albario Engineering privateLimitedHABIBULLAH COASTAL POWERPLANT QUETTA.PRESENTATIONOnStores & ProcurementOur work functionandSome suggestionsWhen you visit our Procurement Dept startRequisitionQuotationsEvaluationPurchaseOrderIssuanceStorage&StockingInventoryControlMateriManagemSTORESalentPROCUREMENTO& MLTSA+IN COMING OF MATERIALSREQUIREMENT.1.Local procurementInitiated by the user.2.ImportsReplenishment.3.Cash purchases.SPECIFICATIONS URGENCY LEVELSTORAGE OF MATERIALSREQUEST FOR QUOTATIONS1.Inventory coding & stackingCOMPARATIVE STATEMENT2.Handling of materialsLowestCONSUMPTION OF MATERIALSDelivery time1.IssuanceTerms & conditions2.Inventory levelsORDERPLACEMENT3.ReplenishmentFOLLOW UPRECEIVINGLTSA1.ImportsINSPECTION / VERIFICATION2.Temporary importsDATA ENTRY3.Temporary exportsISSUANCEOUT GOING MATERIALS.(DISPOSAL)Scrap, Used oils, Old auto parts,batteries, etc.REPLANISHMENTREQUIREMENTCO ORDINATIONInitiatorsVendorsService suppliersClearing AgentsOwners ElpassoInter departmentExternal servicesCrane,manpower,repair jobs,training etc.ReportingInventory SpotCheckMonthly orderstatusReports as perrequirement ofvariousdepartmentSUGGESTIONS1.Standardization of Tires,batteries, bearings,weldingelectrodes,2.Issue requisitions.3.Quality, Make, Brand.4 Core

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