What are the indicators of low material productivity?


0
  1. Excessive inventory or low inventory turnover ratio.
  2. Long and uncertain replenishment lead time.
  3. Large proportion of non moving (dead) in stock.
  4. Excessive material handling / transportation cost.
  5. Spoilage, scrap or waste of material.
  6. Delays in meeting requirement.
  7. Long retrieval and issue time in store.
  8. Poor storage methods.
  9. Buying from wrong source.

10.  Excessive purchasing bill.

11.  Too much variety of parts, lack of standardization.

12.  Lack of material codification.

13.  Long and inefficient purchase procedure.

14.  Poor records keeping.

15.  Quality problems for incoming materials, Inventory turnover ratio can be a good indicator of materials management’s effectiveness and to control inventory we have to look at total system cost-both visible and hidden.

 


Like it? Share with your friends!

0
BMS Team

We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to [email protected].

79 Comments


Warning: Undefined array key "html5" in /home/bmsnewco/public_html/wp-content/plugins/facebook-comments-plugin/class-frontend.php on line 140

Facebook comments:

This Website Is For Sale. Email us an offer we cannot refuse on [email protected] :)

X
Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Countdown
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Video
Youtube and Vimeo Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Gif
GIF format