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    Presented By:: Aastha Garg Akanksha Malhotra Manasvi Singh Mayank Kapoor Mohit Bhambri Pankul Ashok Parv Bansal

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    Shilpi Pachauri
    Material management is a technique concerned with the acquisition, control, and use of materials needed for production processes to achieve predetermined objectives. It aims to have necessary materials available when needed at the lowest possible prices while minimizing inventory investment and operating efficiently. An integrated materials management system at Electronics Corporation of India Ltd. led to substantial improvements in key metrics like turnover, profitability, and customer satisfaction between 1998-99 and 2002-03 through computerization and reduced lead times.

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    Presented By:: Aastha Garg Akanksha Malhotra Manasvi Singh Mayank Kapoor Mohit Bhambri Pankul Ashok Parv Bansal

    Uploaded by

    Shilpi Pachauri
    60 views26 pages
    Material management is a technique concerned with the acquisition, control, and use of materials needed for production processes to achieve predetermined objectives. It aims to have necessary materials available when needed at the lowest possible prices while minimizing inventory investment and operating efficiently. An integrated materials management system at Electronics Corporation of India Ltd. led to substantial improvements in key metrics like turnover, profitability, and customer satisfaction between 1998-99 and 2002-03 through computerization and reduced lead times.

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    In Material Mgt

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    Material management is a technique concerned with the acquisition, control, and use of materials needed for production processes to achieve predetermined objectives. It aims to have necessary materials available when needed at the lowest possible prices while minimizing inventory investment and operating efficiently. An integrated materials management system at Electronics Corporation of India Ltd. led to substantial improvements in key metrics like turnover, profitability, and customer satisfaction between 1998-99 and 2002-03 through computerization and reduced lead times.

    Copyright:

    Attribution Non-Commercial (BY-NC)
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    Download as ppt, pdf, or txt
    60 views26 pages

    Presented By:: Aastha Garg Akanksha Malhotra Manasvi Singh Mayank Kapoor Mohit Bhambri Pankul Ashok Parv Bansal

    Uploaded by

    Shilpi Pachauri
    Material management is a technique concerned with the acquisition, control, and use of materials needed for production processes to achieve predetermined objectives. It aims to have necessary materials available when needed at the lowest possible prices while minimizing inventory investment and operating efficiently. An integrated materials management system at Electronics Corporation of India Ltd. led to substantial improvements in key metrics like turnover, profitability, and customer satisfaction between 1998-99 and 2002-03 through computerization and reduced lead times.

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    PRESENTED BY: AASTHA GARG AKANKSHA MALHOTRA MANASVI SINGH MAYANK KAPOOR MOHIT BHAMBRI PANKUL ASHOK PARV

    BANSAL

    A scientific technique concerned with: Acquisition Control and use of materials needed flow of goods and services ,connected with production process having some predetermined objectives in view.

    Source : MATERIAL MANAGEMENT Procedures ,Text and Cases By A.K. Dutta

    Do you know how many average no. of parts are

    there in a car? 14000 Do you know the no. of parts in a Boeing 747? 6 million

    Keep your production line moving from moment

    you receive raw materials until you ship the end product to your customers.

    Track materials as they move through assembly or

    processing to the finished goods warehouse to fulfill customer orders.

    Boost warehouse productivity; reduce packing time

    and increase the quantity and accuracy of shipments with a mobile solution.

    Source : http://www.motorola.com/Business/US-EN/Business+Solutions

    PRIMARY OBJECTIVES:

    ) Low Prices

    ) High Inventory Turnover

    ) Continuity of supply

    ) Consistency of Quality

    ) Favorable Supplier relations

    Source :Materials management by A.K. Chitale & R.C. Gupta

    SECONDARY OBJECTIVES a) Favorable reciprocal relations b) New material and products c) Economic make-or-buy or outsourcing d) Standardization e) Product improvement f) Forecast

    Have details materials on hand when needed Pay the lowest possible prices, consistent with quality and value requirement for purchases materials Minimize the inventory investment Operate efficiently

    Purchasing Production House Central Service of supply Warehouses Mini stores/Retail Outlets Product Design

    Image Scanner

    RFID Computer

    Barcode Reader

    MATERIAL MANAGER

    MANUFACTURIN G PROCEDURES MANAGER


    R D E CO S

    RECOR DS

    CONTAINER MANAGER

    RECOR DS

    INTEGRATED RECORDS DATABASE


    CO R

    CAMPAIGN AND BATCH MANAGER

    RE S D

    RECOR DS

    BATCH REPORT MANAGER

    Records of :
    Maintenance & repairs Preventive maintenance Master maintenance plan Materials / spares used Starting and Expiry date

    Verify records History sheet of equipment Log book of maintenance & repairs Performance record of equipment Put up in proper form & to the proper authority

    Expenditure of Indian Railways on operation, maintenance and production, etc. is around 11,000 crores
    37% stores for operation, repairs and maintenance, 2% stores for construction, 38% stores for manufacture of rolling stock.

    Indian Railways has 215 stores depots spread all over stocking 2.8 lacs item, are the main hubs of inventory holding.

    Railways has adopted E-procurement. It envisages

    putting all purchase activities on the internet, wherein issue of tenders, receipt of bids, issue of contracts etc. would be done online.

    The introduction of this system will bring

    transparency and improve efficiency by way of reduced procurement time cycle and expeditious payment to suppliers.

    Integrated Computerized System for Stores Department of Indian Railways and has been developed using

    centralized system architecture using J2EE Open Source Environment.

    Purchase Module Finance Module Depot Module Sales and Auction Module

    Provide more value and better service to its customers, Boeing developed a website on the World Wide Web to give customers direct access to its extensive part information and ordering system. Customers can order parts and view part information through the award winning Boeing PART Page website (Part Analysis & Requirement Tracking). Through the Boeing PART Page, current data such as part inventories, prices, part interchangeability, quotes and purchase order status are at your fingertips. The system is simple and accessible to any authorized

    Parts Orders Quotes Accuracy and speed Cost savings Security

    Electronics Corporation of India Ltd.(ECIL) is a

    Public Enterprise under the Department of Atomic Energy established with the purpose of supporting Indias Nuclear Power Programme and help the country achieve self-reliance in professional electronics.

    Source: http://www.iimm.org/knowledge_bank/1_customer-centric-materialsmanagement.htm

    The post-liberalisation period of 90s was

    characterised by intense competition from both the MNCs and private sector.
    The impact of the globalisation process and the

    sanctions in the wake of Pokhran-11 experiments have brought the company to the brink of sickness in 1998-99.

    Source: http://www.iimm.org/knowledge_bank/1_customer-centric-materialsmanagement.htm

    All the processes involved in Integrated Materials Management were fully computerized for speedy disposal of material requisitions, resulting in substantial reductions in lead times across various operations. These simple initiatives were implemented effectively resulting in incredible results that culminated in the historic turnaround of the company that brought wide recognition and national awards Source: http://www.iimm.org/knowledge_bank/1_customer-centric-materialslike SCOPE management.htm award for Outstanding Performance and Contribution

    BETWEEN 1998-99 and 2002-03 Turnover shot from Rs. 250 crore to Rs. 1000 crore Profitability reversed from a loss of Rs. 60 crore to a profit of 130 crore Networth increased from Rs. 7 crore to Rs. 309 crore

    Loans outstanding and Statutory Outstanding became nil Inventory levels and Sundry Debtors demonstrated efficient Working Capital Management

    BETWEEN 1998-99 and 2002-03 Substantial cost reductions were realised through negotiations and improved quality levels across various processes Procurement lead times reduced substantially from about 60 days to 30 days Customer Satisfaction Index improved phenominaly from 66% to 95%

    References
    MATERIAL MANAGEMENT Procedures

    ,Text and Cases By A.K. Dutta

    http://www.motorola.com/Business/US-EN/Busines Materials management by A.K. Chitale & R.C. Gupta http://www.iimm.org/knowledge_bank/1_customer www.plm.automation.siemens.com www.boeing.com

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