Role of material_management

Jun 28th, 2015
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Abraham Lincoln University
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Maintenance Materials Management • Generally in the US, the stores investments as percent of estimated replacement value is 1.2% to 1.9%. • Cost of maintenance materials varies from 2/3 to 1.5 times the direct store management labor cost.

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Materials ManagementMaintenance and Repair1Maintenance Materials ManagementGenerally in the US, the stores investments as percent of estimatedreplacement value is 1.2% to 1.9%.Cost of maintenance materials varies from 2/3 to 1.5 times the directstore management labor cost.Typical findings in Stores/Purchasing functions Excessive stock-outs 7% - 10 % not uncommon Low turnover Excessive late deliveries Lead times not kept up-to-date Absence of effective materials standards Inadequate off-shift coverage and security21Elements of a MaterialsManagement SystemA team to drive continuous improvement in materials management .The team should include representatives from maintenance, stores,procurement, design, business services, construction andintegrated suppliers.Standard descriptions of equipment, parts and supply items.Effective management of maintenance material working capital.Operational rebuilding programs for items such as motors,transformers, controllers, printed circuit boards, and seals3Elements of a MaterialsManagement SystemMeasurement of material management results. These metrics shouldbe a measurement of functional performance and should compliment thebusiness metrics. Examples are: Total stores investment (as a % of plant replacement value) Service level ( % of items supplied when requested) Percentage of stock-outs and backorders Utilization of materi

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