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Vendor selection, development and Vendor rating
Vendor Selection Importance: The purchasing department is responsible for choosing the right sup...
Inventory Control Techniques
Inventory Basics: Inventory = Stocked materials acting as a buffer between supply and demand. Ef...
Purchasing and Stores Management
Purchasing Objective: Ensure continuous material supply. Reduce finished goods cost. Key to Man...
Material Planning and Control
Material planning and control is crucial and is influenced by both broad and specific factors. In...
Introduction and Scope of Materials Management
Materials management is a unified approach to handling materials in industry, aiming for cost red...
Types of Plant layout
1. Office Layout Purpose: Comfort, safety, and information flow for workers. Focus: Informat...
Objectives and Principles of Plant Layout
Objectives of Layout Strategy The primary goal of a layout strategy is to develop an effective an...
General locational factors and Specific locational factors for manufacturing organization and for Service organization.
Location decisions are complex, influenced by various factors. These can be broadly classified in...
Weber’s theory of location
Core Idea Alfred Weber's theory, developed in 1909, states that industries locate where productio...
Centre of Gravity Method
Concept The Center of Gravity method is a mathematical technique used to determine the optimal lo...
Factor Rating Method
Concept The Factor Rating Method is a structured approach to location selection. It allows for th...
Cost Volume/ Break Even Analysis
Location Decision Analysis: Cost-Volume & Break-Even Analysis Locational Cost-Volume Analysis Con...
Factors influencing Plant Location
Costs: Tangible and Intangible Cost is a primary driver in location decisions, but costs are not ...
Need for selecting a suitable location
Why is Location Selection Necessary? The need for selecting a suitable location arises in a varie...
Introduction
Facility location, also known as plant location, is a crucial strategic decision for any organiza...
Scope of Production and Operations Management
Production and operations management encompasses a wide range of activities crucial for efficien...
Managing Global Operations
Managing Global Operations: Challenges and Opportunities Managing global operations presents uniq...
Operations Management and its Objectives
Operations management objectives can be categorized into two primary areas: customer service and ...
Distinction between Manufacturing Operations and Service Operations
Manufacturing Operations vs. Service Operations Feature Manufacturing Operations Service Opera...
Production Management and its Objectives
Production Management What is Production Management? Production management applies management pri...