Material management assignment

Part one STORAGE
1.1 storage functions and responsibilities
1.2 location and layout
1.3 stores system and procedures
1.4 cost aspects and productivity
1.5 stock receipt ,issue and dispatch
1.6 stores accounting and stock verification
1.7 stores security
Part Two MATERIALS HANDLING
2.1 Definition and scope
2.2 benefits of proper materials handling
2.3 materials handling codes and specification
2.4 materials handling equipment and guidelines
2.5 Evaluation materials handling
2.6 materials disposal proceducers and practice in Ethiopia.
General instractuon
1,The main points of this assignment is to prepare note based on the listed points.
2, each point needs to be discussed in proper amount of detail .
3, minimum of eight page documentation required .
4, clear and more expalnation.

Part One: STORAGE

1.1 Storage Functions and Responsibilities
- Definition of storage and its importance in materials management
- Responsibilities of the storage department within an organization
- Functions of storage, such as receiving, storing, and issuing materials
- Role of storage in maintaining inventory levels and preventing stockouts

1.2 Location and Layout
- Factors to consider when selecting a storage location, including proximity to production facilities and transportation infrastructure
- Layout design considerations, such as maximizing space utilization and optimizing material flow
- Different types of storage locations, such as centralized vs. decentralized storage

1.3 Stores System and Procedures
- Overview of a stores system and its components, including inventory control, storage equipment, and material handling processes
- Importance of establishing standardized procedures for material storage and retrieval
- Key considerations for designing an efficient stores system, such as barcoding and RFID technology implementation

1.4 Cost Aspects and Productivity
- Cost factors associated with storage, including space rental, equipment, labor, and utilities
- Methods for calculating the cost of storage, such as cost per square foot or cost per unit stored
- Importance of improving storage productivity through measures like automation and effective space utilization

1.5 Stock Receipt, Issue, and Dispatch
- Processes and procedures for receiving materials into storage, including inspection and verification
- Methods for issuing materials from storage, such as first-in-first-out (FIFO) or last-in-first-out (LIFO)
- Importance of accurate record-keeping and documentation during stock receipt, issue, and dispatch

1.6 Stores Accounting and Stock Verification
- Importance of proper accounting for stored materials, including tracking inventory levels and valuing stock
- Methods for stock verification, such as physical inventory counts and reconciliation with recorded figures
- Role of information systems and software in managing stores accounting and facilitating stock verification processes

1.7 Stores Security
- Importance of maintaining security in storage areas to prevent theft, damage, or unauthorized access to materials
- Measures to enhance stores security, such as access control systems, security cameras, and inventory tracking technologies
- Training and awareness programs to educate employees on the importance of stores security and their role in maintaining it

Part Two: MATERIALS HANDLING

2.1 Definition and Scope
- Definition of materials handling and its significance in the overall materials management process
- Scope of materials handling, including activities such as transportation, storage, and inventory control
- Impact of efficient materials handling on overall operational efficiency and cost reduction

2.2 Benefits of Proper Materials Handling
- Reduction of material damage and product loss through careful handling and storage
- Improvement in productivity and efficiency through streamlined material flow and reduced handling time
- Prevention of workplace accidents and injuries through proper training and adherence to safety guidelines

2.3 Materials Handling Codes and Specifications
- Overview of international codes and standards governing materials handling practices
- Importance of complying with regulations related to material handling equipment, operations, and worker safety
- Role of codes and specifications in ensuring consistency and interoperability in materials handling processes

2.4 Materials Handling Equipment and Guidelines
- Different types of materials handling equipment, such as forklifts, conveyors, and pallet jacks
- Factors to consider when selecting materials handling equipment, including capacity, maneuverability, and suitability for specific applications
- Guidelines for safe and efficient use of materials handling equipment, including operator training and maintenance practices

2.5 Evaluation of Materials Handling
- Methods for evaluating the effectiveness of materials handling processes, such as time studies and work sampling
- Key performance indicators (KPIs) for measuring materials handling efficiency, such as throughput and order processing time
- Importance of continuous improvement in materials handling through data analysis and process optimization

2.6 Materials Disposal Procedures and Practices in Ethiopia
- Overview of waste management practices and regulations in Ethiopia
- Methods for proper disposal of different types of materials, such as hazardous waste or electronic waste
- Importance of environmentally responsible materials disposal and adherence to local regulations and guidelines

In conclusion, effective storage and materials handling are essential components of an efficient materials management system. This assignment has discussed the various aspects of storage, such as functions and responsibilities, location and layout, systems and procedures, cost aspects and productivity, stock management, accounting and security. Additionally, it has explored the definition and scope of materials handling, benefits, codes and specifications, equipment and guidelines, evaluation, and materials disposal procedures and practices in Ethiopia. The comprehensive discussion provided in this assignment will help enhance understanding of these topics and their importance in materials management.