Production Management
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The Factors Affecting Make or Buy Decisions
A company may produce either all parts and components for its final product or purchase some of these parts from…
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How would You Plan Your Material Management
To improve industrial productivity it is essential to plan the material management function. Many businesses have installed material management system…
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What are the Functions of Materials Management
Materials Management is one of the areas covered by the whole process of Management. The effective use of all manpower…
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Store Keeping and the Duties of a Store keeper
Store-keeping is essentially a servicing facility, inside an organization, responsible for proper storage of the material and then issuing it…
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Advantages and Disadvantages of Centralized Storing System
Location of Store room : The location of stores in an enterprise should be at a place where handling, transportation…
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5 Main Objectives of Purchasing Function: LATEST
Today, purchasing as a function has acquired a new dimension and may be defined as the function of procurement, with…
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Important Qualities of a Purchase Executive
The quantity of purchased goods must be according to the requirement of the production. Purchase of more or less quantities…
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Importance of Materials Management in an Organization
The importance of materials management cannot be overemphasized in this complex industrial world. It effects not only a particular industry…
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5 Advantages of Decentralization of Purchasing
Decentralization is desirable under certain situations. Thus, in company with plants widely scattered there is considerable justification for a degree…
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9 Advantages of Centralized Purchasing
Centralization or decentralization of purchasing function has nothing to do with physical location of purchasing personnel. It is a problem…
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