Materials Management
Who are our suppliers? How to order? How and to whom to deliver? Management of inventories includes the principles, concepts and techniques for planning and control in all conditions - from raw materials to finished products, with the primary purpose of addressing the financial problems of the company and the tasks of customer service. Stocks form the basis of productive activity or as a result of it. Therefore they must be precisely planned, managed, optimized and controlled at every level. The store is not just a place or facility for the storage of goods and inventory, and link in the acquisition and distribution of material flows in accordance with the requirements of production and distribution. This allows us in the long run to reduce their maintenance costs and storage of materials and products, as well as financial resources "locked" in the form of goods and materials in stock. The main tasks of the management of materials to produce products as much as is needed in your company without large reserves and without waiting for further orders. The main methods for the planning of material requirements are relevant to the chosen method of production planning. The main processes involved in the management of inventories are:
- Choosing a provider with an offer for the purchase of materials
- Supply contract - quantity and delivery terms in the purchase order are the result of the chosen method of production planning.
- Working stocks (movement of materials into and out of production processes for scrap materials, etc).
- Delivery / shipment of materials from storage.
- Return Materials to the supplier.