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