Materials Management

Question 1

A core supply chain function and includes supply chain planning and supply chain execution capabilities.

Answer 1

Materials management

Question 2

The capability firms use to plan total material requirements.

Answer 2

Materials management

Question 3

Communicated to procurement and other functions for sourcing.

Answer 3

Material requirements

Question 4

The actual planning starts with the information gathered from the annual sales forecasts, production and general business forecast. Forecasts provide the means for satisfying locational needs, and the general business forecasts in prices, wages and costs of other services.

Answer 4

Materials planning

Question 5

Provide the means for satisfying locational needs, and the general business forecasts in prices, wages and costs of other services.

Answer 5

Forecasts

Question 6

Key Activities of Stores

Answer 6

1. Receipt of materials, checking the quantity, co – ordination for inspection and the preparing the goods receipt note.
2. Accepting the checked materials, preparing rejection notes and thus completion of formalities for payment of bills.
3. Taking stock of the accepted materials and storing them in their respective locations.
4. Preparing issue vouchers, making actual issues for disposals and accounting for the same
5. Ensuring proper sharing of information with the purchase departments through regular reports.
6. Ensuring the storage place is clean to facilitate handling, movements and observing all safety and security measures.

Question 7

Stock can be found easily without any complex system of recording.

Answer 7

Fixed Location

Question 8

Space is better utilized, but there is a need to keep good and elaborate records for the location of materials.

Answer 8

Random Location

Question 9

Goods of a particular group are stored together in a given area.

Answer 9

Zoned Location

Question 10

Management involves the raising, lowering or moving an item, which is termed as materials handling. The management of materials handling activities brings about a host of specialty disciplines and responsibilities like mechanical, electrical, hydraulic means and electronic devices.

Answer 10

Materials Handling and Storage System

Question 11

As handling does not add any value to the product, it is advisable to keep the handling cost minimum.

Answer 11

Best handling is least handling

Question 12

Material handling equipment must be chosen in such a manner as to afford flexibility and also be capable of performing multiple standardized operations.

Answer 12

Use of standardized equipment

Question 13

Desirable specialized equipment, the cost of acquisition, cost of operation, maintenance, repair etc. needs to be taken into consideration.

Answer 13

Minimum use of specialized equipment

Question 14

Selection of equipment needs to be made after careful consideration of the cost of moving

Answer 14

Payload

Question 15

Methods of picking, carrying and settling down are fixed, the wastage in time, labor and equipment will be eliminated.

Answer 15

Standardized methods

Question 16

The capacity needs to be examined carefully, as any over loading causes undue wear, and also results in excessive maintenance.

Answer 16

Capacity of equipment

Question 17

A major portion of Material handling activity.

Answer 17

Loading and unloading

Question 18

Specially designed platform, which is built to dimension to suit forklift operations.

Answer 18

Pallets

Question 19

Move loads of master carton horizontally and vertically.

Answer 19

Forklift trucks

Question 20

These are power – driven, self – propelled units fitted with a boom mounted on a mobile chassis.

Answer 20

Cranes

Question 21

These enable straightforward transportation as rehandling before each and every activity is eliminated.

Answer 21

Conveyors

Question 22

Contains an endless chain or a belt which runs over two – terminal pulleys or sprocket – wheels fixed at different levels on a vertical plane.

Answer 22

Elevators

Question 23

Used as a substitute for forklift trucks.

Answer 23

Tractors

Question 24

Consist of either in – floor or overhead – mounted drag devices and are used in combination with four – wheel trailers on a continuous power basis.

Answer 24

Towlines

Question 25

Operates on a different concept than other equipment.

Answer 25

Carousels

Question 26

Unifies a number of shipments, which then move as individual units. Used to handle bulk commodities as well as merchandise.

Answer 26

CONTAINERIZATION

Question 27

A lorry is loaded at the manufacturer’s workstation driven on to a ship and then driven off at the end of the voyage directly to the consignee, using the ship as the moving bridge.

Answer 27

ROLL ON/ROLL OFF FERRIES RORO

Question 28

Loaded at the manufacturer’s workstation driven on to a ship and then driven off at the end of the voyage directly to the consignee, using the ship as the moving bridge.

Answer 28

Lorry

Question 29

Barges are loaded at Inland River and shallow ports.

Answer 29

LASH (LIGHTERS ABOARD A SHIP)

Question 30

Storage system in a warehouse has a key role to play in the total cost and the efficiency of warehouse operations.

Answer 30

Material Storage System

Question 31

Products, which have a higher risk of contamination, will have to be isolated from other product groups. For example hazardous chemicals can cause damage to other products.

Answer 31

Nature of the product

Question 32

While uniform products may be stored in stacks or in an enclosure, products, which are in odd shapes and sizes, need more space.

Answer 32

Configuration

Question 33

Perishable products are stacked in such a manner that consignments, which come in first, are distributed first.

Answer 33

Perishability

Question 34

When a variety of products are stored together, there needs to be segregation for easy identification for storage and retrieval.

Answer 34

Product variety