MATERIAL MANAGEMENT FOR A MEDIUM SIZED ORGANIZATION[/b]
Amandeep Singh, RB1703A11[/b]
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Abstract: [/b]Companies of different sizes has different approaches for their Enterprise Resource Planning (ERP) over a range of issues and they are also different for their benefits. Larger companies may report improvements in their financial measures whereas smaller companies report better performance in their manufacturing and logistics. This paper briefly introduces network technology and database technology which the management system for materials make use of.
INTRODUCTION[/b]
Materials management is the branch of logistics that deals with the tangible components of s supply chain and if we talk about it specifically then it covers the acquisition of spare parts and replacements, quality control of purchasing and ordering such parts with the standards involved in ordering, shipping and warehousing of these parts.
The need to coordinate and share information across the organizations and functional groups has resulted in the development of higher level positions designed to oversee various supply chain activities and these activities fall under the supply chain umbrella. Materials management was a consolidation of functions required to purchase, manage inbound transportation for, receive, store, inventory and schedule materials flows. Physical distribution then tool the finished products to market either directly or through warehouses and this greatest growth of the materials management concept occurred during the mid-1960s to late 1970s.
Advances in software and systems have enables visibility across the supply chain that allow multiple participants to coordinate and schedule more efficient material information and processes and ideally, there is increased access to demand forecasts, production requirements and inventory levels at any point within the supply chain. The result of this integration will be lower inventories, shorter cycle times and an improved ability to plan and lower costs.
Management Information System (MIS) is introduced to the medium sized organization to make material management system of the organizations more scientific, material management more standard and material business process more rational. This system is finished on the basis of the .NET platform at most of cases, according to the long-tem work experience of materials management by material department of the company and instructed by the theory of management information system. Cost control is the main line and data organization as the core for material management system. It embodies the integration of the cash flow information and logistics.
The system is composed of a number of information subsystems to implement the result of transaction processing, management control and auxiliary decision-making and it also achieves the effect of reducing the intensity of work, highly sharing of information through authorized network, uniform standard of work, facility of operations and reducing the resources and management costs, greatly accelerating the process of comprehensive information of the company.