Materials management
- Bib ID:
- 1892351
- Format:
- Book
- Author:
- Ammer, Dean S
- Online Version:
- Table of contents only
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- Edition:
- 3d ed.
- Description:
-
- Homewood, Ill. : R. D. Irwin, 1974
- xvi, 736 p ; 24 cm.
- ISBN:
- 0256015562
- Series:
- Irwin series in management and the behavioral sciences
- Full contents:
-
- Machine derived contents note: 1. Introduction to materials management 1
- Basic economics: Value added by manufacture. Value added by distri-
- bution. Criteria for adding value. Hypothetical example. Application
- to materials management. Application of principle. Scope of materials
- management: Role of purchasing. Line and staff responsibilities. His-
- tory of materials management: Evolutionary process. The first factories.
- Development of functions. Recognition of purchasing. Evolution of ma-
- terials management: Functions of materials management. Place in the
- organization. Nonmanufacturing applications.
- 2. The materials cycle 44
- The vacuum cleaner case. The design stage. The sourcing stage. Plan-
- ning production. The ordering process. The receiving process. Inventory
- control. The final stages. Managing indirect material.
- 3. The objectives of materials management 69
- Goals of materials management: Primary materials objectives. Sec-
- ondary objectives. Achieving objectives: Effects of business changes.
- Balancing of objectives. Policies and procedures: Advantages of ma-
- terials departments' manuals. Preparing the manual.
- 4. Organizing for materials management 88
- Who is materials manager? Purchasing agent as materials manager.
- Dual materials management. Materials management subordinate to manu-
- facturing. The case for independence. Building the organization: Organi-
- zation by function. Organization by location. Organization by product
- or project. Organization by stage of manufacture. Span of control. Level
- of organization. Applying organization principles: The Avco-Lycoming
- Organization. The General Electric approach. Applications to service
- industries. The decentralized organization: Staf-and-line approach. Ma-
- terials staffs' activities. Results of staff-and-line organization. The orga-
- nization of the future.
- 5. Legal aspects of materials management 127
- Basics of contracts: Possible disputes. Law of agency. Offer and accep-
- tance. Pricing. Other economic conditions: Payment terms. F.o.b. point.
- Rejection of defective goods. Failure to deliver. Other legal problems.
- Contract cancellation. Letters of intent: Typical application. De facto
- orders. Government procurement: Reasons for regulation. Advertised
- bidding. Negotiated procurement. Contract clauses. Defense materials
- system.
- 6. Forecasting for materials management 171
- Demand for materials: Market responsibility. Independent action. Minor
- product demand. Supply of materials. 'General business forecasts: Effect
- of business conditions. Gross national product. Investment spending.
- Inventory changes. Leading indicators: NBER indicators. Purchasing
- opinion survey. Market sentiment. Price forecasts: Forecasting adminis-
- tered prices. Free market commodities. Timing of purchases. Reducing
- market risk: Averaging purchases. Budgeted buying. Hedging in futures
- markets. Last-in, first-out accounting.
- 7. Materials management planning 207
- Achievement of objectives. Future price and availability: Price forecasts.
- Availability. Bayesian analysis: Decision under uncertainty. The Deci-
- sion Tree. Calculating expected value. Limitations. Preproduction plan-
- ning: Basic process. The Gantt chart. The PERT technique. Production
- planning: Job lots. Equipment planning. Manpower planning. Line pro-
- duction. Plan of purchase. Key-parts control. Commodity price indexes.
- Uses of indexes.
- 8. Production and inventory control basics 252
- Scope of production control: Nonmanufacturing applications. Materials
- management function. A model production system: Application of man-
- power and equipment plans. Releases to purbhasing and manufacturing.
- Dispatching. Problems of rescheduling. Short-interval scheduling. Ex-
- pediting. Key weakness. Use of Gantt chart. The inventory objective:
- Need for inventory. Nature of the problem. Inventory functions. De-
- termining inventory levels. Job-lot ordering: Problems of control. Appli-
- cation of Bayesian rule. Modified job-lot control. Ordering for inventory:
- Two-bin system. Perpetual inventory. Critical ratio. Inventory records:
- Classification. Disposition of surplus.
- 9. Order-point and periodic control systems 296
- A problem in order-point control. The ABC system. Determining level
- of control: Applying the principle. Statistical analysis of demand: Limi-
- tations of max-min systems. Basic factors in forecasting. Applying proba-
- bility. Averaging and smoothing techniques. Periodic ordering: Appli-
- cation. Advantages and disadvantages. Top-management control.
- 10. Analytical inventory control technique 330
- Determining order quantity: Cost of possession. Cost of acquisition.
- EQQ formulas. Making EQQ fit the budget. EQQ for production parts.
- Weaknesses of EQQ formulas. Applications of EQQ. Determining safety
- stock: Applying probability theory. Application to ABC control. Control
- of periodic ordering: Comparison with order point. Optimum review
- period. Safety stocks.
- 11. Sourcing: Make, buy, or lease 359
- Make-or-buy criteria. Controlling captive items. Leasing.
- 12. Finding qualified suppliers 375
- Buying errors are costly. Channels of distribution: Buying direct. Buy-
- ing from distributors. Role of the salesman. Finding a supplier. Investi-
- gation of suppliers: Facilities. Personnel. Financial resources. Reputation.
- Developing new suppliers. Buying abroad: Why imports have grown.
- Problems in buying abroad. What to buy. Relations with foreign vendors.
- 13. The buying process 408
- Quality is paramount: What makes quality? Buyers' specifications. Re-
- strictive specifications. Securing quotations: Exceptions to quotations.
- Analysis of quotations. Selecting the supplier. Placement and delivery.
- Sale of scrap and surplus.
- 14. Problems in supplier relations 437
- Delivery failure: The shortage plan. Anticipating shortages. Quality
- failure: Basic inspection problems. Statistical inference. Supplier quality
- problems. Quality certification. Problems in source selection: Reciprocity.
- Back-door selling. Personal purchases. Local purchases. Ethics: Gifts
- and entertainment. Ethical behavior. Promoting supplier goodwill.
- 15. Traffic and physical distribution 476
- The traffic function: Basic responsibilities. Picking the carrier. Small
- shipments. Routing, delays, and damage. Tariffs of common carriers:
- Economics of rate structures. Class and commodity rates. Cost-reduction
- opportunities: Auditing freight bills. Charter truck. Other cost-reduction
- techniques. Specific projects.
- 16. Purchase price analysis 504
- The pricing process: Imperfect competition. Administered prices. Sup-
- pliers' cost estimates: Direct material cost. Direct-labor cost. Overhead.
- Cost-volume relationship. Using cost data: Applying the cost-volume
- principle. Buyer cost estimates. The learning curve.
- 17. Negotiation with suppliers 530
- Negotiation with low bidder. Fixed-price items. Negotiating price in-
- creases: Justifying the increase. Cost analysis. Error in supplier pricing.
- Principles of negotiation: Basic rules. The negotiating session.
- 18. Cost-reduction techniques 555
- Value analysis: Organizing for value analysis. Value analysis techniques.
- Selling value analysis. Standardization: The standardization program.
- How to standardize. Linear programming: The transportation problem.
- Solving the problem. Other applications. Monte Carlo simulation: Basic
- principles. Application to dispatching. Other applications. Capital equip-
- ment analysis: MAPI formulas. Other approaches. Preproduction purchase
- analysis.
- 19. Control of administrative costs , 600
- Paper work is costly. Clerical quality control. Short cuts with forms:
- Special ordering procedures. Combining forms. Forms design. Integrated
- data processing. Electronic data processing: Advantages of electronic
- data processing. Problems with electronic data processing. A typical
- application.
- 20. Measuring materials management performance 632
- Developing the program. Control of operating costs: Control of person-
- nel. Control of direct costs. Comparison with results. Control of prices:
- The materials budget. Cost-reduction reports. Price indexes. Inventory
- performance. Supplier performance: The quality objective. The delivery
- objective. Vendor rating. Development of personnel: High-potential
- employees. Developing managers. Good records.
- 21. The future of materials management 671
- Organization behavior: Sources of support. Timing of change. Politico-
- economic change: Decentralization. Full-employment economy. Auto-
- mation and the supply process. Automation in the office. Materials
- management and EDP: Applications of EDP. The systems approach.
- Development of the profit center: Criteria for profit center. Profit center
- accounting. Purpose of the profit center. Ground rules. Advantages of the
- profit center. Profit-center problems. Use of index numbers. Production
- versus nonproduction.
- Notes:
- Bibliography: p. 715-719.
- Subject:
- Materials management
- Copyright:
-
In Copyright
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Copyright status was determined using the following information:
- Material type:
- Literary Dramatic Musical
- Published status:
- Published
- Publication date:
- 1974
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