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This nuts-and-bolts guide presents an overview of the inner workings of the materials process, as well as the best practices to achieve a world-class operating system that will help to eliminate ineffective materials management. Coverage includes discussion of material requirements planning, planning parameters, electronic data interchange, and material control graphs and reports, among many other topics. Thorough and practical, Materials Management explains the impact that inadequate inventory control has on a company and how these poor controls can reduce production, cause inefficiencies in labor, create excessive inventory, and increase freight expenses.
STAN C. In addition, he was the director of logistics for Fasco Motors, a global supplier of small motor applications. Permissions Request permission to reuse content from this site. Undetected location. NO YES.
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Selected type: Hardcover. Added to Your Shopping Cart. View on Wiley Online Library. This is a dummy description. A solid introduction to materials management and the tools needed to create a world-class materials management program This nuts-and-bolts guide presents an overview of the inner workings of the materials process, as well as the best practices to achieve a world-class operating system that will help to eliminate ineffective materials management. Table of contents Preface. Chapter 1. Before Computer Systems. Inventory Card Control System.
Bill of Materials Accuracy. Pick Ticket System. Chapter 2.
What is Supply Chain Management
Material Requirements Planning. Foundation for Material Requirements Planning. Importance of Planning Parameters. Understanding the Impact of MRP. Chapter 3. The Raging Fire and Firefighting. Burning Up Company Profits. Get It Correct at the Beginning. Develop Good Scrap Reporting Methods. Ownership of Inventory. Vanishing Inventory Issue.
Responsibility for Inventory: The Few or the Many? Chapter 4.
Materials Management: An Executive's Supply Chain Guide - Stan C. McDonald - Google книги
Materials Management Status in Organizations. Measuring Materials Management Success. Chapter 5. General Review of Materials Practices. Calculating Inventory Turns. Obsolete Dollars Calculated in Inventory Turns. Customer-Generated Obsolescence. Obsolescence Controls.
What Are the Customer Ratings? How Does the Shipping Department Function? How Does the Receiving Department Function? Chapter 6. Lead Time. Long Lead-Time Items.
Materials Accounting Bibliography
Managing Customer Changes. International Releases. Supplier Lead Time. International Lead Times. Transit Time versus Freight Costs. Lower Lead-Time Inhibiters. Chapter 7. Inventory Accuracy. Managing the Computer-Controlled Inventory System. Limiting Access to Make Changes.
Inventory Accuracy Influencers. Chapter 8. Year over year, Michigan State University ranks as the top school for supply chain management in multiple surveys. Together with professional supply chain association APICS, Michigan State University has been engaged in research projects investigating business practices of more than 50 supply chain organizations. Its purpose is to undertake collaborative solutions-focused research for commercial and humanitarian applications.
Michigan State was also ranked top graduate school for supply chain management. Recently, a study was undertaken to identify best practices for leveraging transparency in supply chains for financial profit. The school also hosts a biannual Supply Chain Forum which includes over senior executives from top corporations and is aimed addressing critical supply chain strategies. Carey Department of Supply Chain conducts significant research in supply chain management, with a focus on supplier relations, supplier selection, purchasing negotiations, operations, transportation, inventory, warehousing, benchmarking, third-party vendors, and supply chain electronic software.
Ross School of Business and the College of Engineering. Its focus is cross-disciplinary education in global operations management, supply chain, and manufacturing. In one project, the institute is exploring the design and application of adaptive traffic signal control strategies. The focus is on transformative developments in transportation engineering and planning. A supply chain analyst uses analytical and quantitative methods to understand, predict, and enhance supply chain processes. They assemble data, analyze performance, identify problems, and develop recommendations to support supply chain management planning and operations.
They are responsible for monitoring processes, identifying gaps, and developing improvements to processes. A supply chain analyst must have database and spreadsheet skills and leverage them to improve inventory turns and employee productivity. Analysts are expected to gather and interpret data related to costs, productivity, and demand patterns. They are also responsible for investigating problems, finding root causes, and developing solutions.
The role requires strong quantitative and analytical skills, as well as a familiarity with logistics and production planning. In supply chain management, a buyer controls and manages the purchasing of materials and services. They are responsible for improving supplier performance and must have expertise in a number of areas including procurement, negotiation, and contract management. In some cases, buyers are responsible for inventory management and analysis.
A supply chain management consultant works closely with supply chain clients to develop strategies and operating models for planning, procurement, product design, manufacturing, and fulfillment. They also assist in connecting suppliers and customers across complex supply chains. A supply chain manager is responsible for coordinating resources across the supply chain to ensure the effective use of resources across the manufacturing processes.
They typically monitor forecasts and quotas, stay on top of changing customer demands, and coordinate efforts across departments and also externally with suppliers.
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The procurement team is often found within the logistics or finance teams, responsible for the efficient acquisition of resources used in production. One of the top skills required of a procurement manager is negotiation: with suppliers, with internal teams. Below is a list of resources for finding careers in supply chain management.
These are listed in no particular order:. Below is a list of some of the premier media outlets, associations and organizations in supply chain. Here are the top 8 supply chain certifications for the modern marketplace:.
Enterprise Resource Planning ERP refers to the systems and software used by organizations to manage business activities like accounting, procurement, inventory management, project management, and manufacturing. An ERP integrates these functions into one system to provide accurate information across the organization.
This allows employees in different business units to have access to the same information and make more accurate decisions faster.
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