Principles of Material Management - MIT School of Distance Education

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MIT School of Distance Education

• Principles of Material Management

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• Material Management is an important aspect of
  manufacturing and supply chain industry. It
  refers to the process of planning, executing,
  directing, coordinating, monitoring and
  controlling of all the processes that are
  associated with the materials required in the
  industries. It involves management of all
  activities from the inception of materials to
  their use in the manufacturing process.

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• There are certain principles that govern material
  management. Knowledge of these principles
  facilitates individuals to exercise effective
  material management. So, whether you are a
  material manager or aspire to enter the field,
  you must be well-versed with all these principles
  of material handling.

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• Planning Principle
• According to this principle, the material
  manager must plan all the activities related to
  the handling of materials and storage activities
  in advance in order to achieve operational
  efficiency.

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• Gravity Principle
• As per gravity principle, laws of gravity must
  be implemented for shifting of materials from one
  place to another.
• Space utilization Principle
• It involves making the most effective
  utilization of available space. This principle is
  taken into account in the work areas, storage
  areas as well as while transporting loads.

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• Safety Principle
• Safe handling of the material is quite important
  to achieve maximum output without any hindrance.
  Different methods for safe and effective handling
  of the materials should be chosen under this
  principle.

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• Flexibility Principle
• It aims at finding different methods to satisfy
  different conditions. A material manager must
  find search methods and equipments which are
  flexible enough to satisfy different types of
  conditions.

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• Ecology or Environmental Principle
• Sometimes, methods of material handling can have
  adverse effects on the environment. Thus, Ecology
  principle ensures that while carrying out
  material handling, best alternative method must
  be adopted to minimize the effect on the
  environment.

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• System Principal
• System principal states that the material
  manager should integrate as many handling
  activities as possible and practicable in a
  coordinated operational system. Different storage
  activities and activities related to the movement
  of materials can be integrated into a system of
  storage, packaging, shipping, transportation,
  production, inspection and many more.

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• Standardisation Principle
• According to this principle, the material
  manager must standardize the type and side of
  handling equipment along with standardizing the
  handling methods.
• Simplification Principle
• This principle involves the usage of simplified
  methods with the removal of all the unnecessary
  stuff.

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• Maintenance Principle
• This principle states that frequent maintenance
  and repairs can be prevented through proper
  preparation of plans.
• Work Principle
• This s principle aims at minimizing the handling
  work without affecting the operating productivity
  or service level.

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• Dead Weight Principle
• As per dead weight principle, the ratio of
  mobile handling equipments dead weight to the
  weight of the load carried must be minimized.
• Materials Flow Principle
• This principle is also known as the principle of
  continuous flow. According to the principle, an
  operation sequence and layout should be created
  in such a way that material flow can be minimized.

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Closing note

• So, these were some of the core principles of
  material management that every material manager
  must know. At MIT School of Distance
  Education (MIT-SDE), we train aspiring material
  managers of all the core concepts and principles
  of the field. Our material management course lays
  impetus on the industry-specific knowledge. 

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• That is why we keep on updating our syllabus
  with development in the industry. Our candidates
  are trained by industry experts so that they can
  immediately get absorbed in the industry. So, if
  you wish to pursue a job-centric course, then
  apply for admissions in MIT-SDE right away.

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• THANK YOU