MATERIALS MANAGEMENT

MATERIALS MANAGEMENT

1. (a) Define materials management. Discuss the functions of material management.

(b) Discuss the role of TQM in materials management. Also draw the materials management pyramid.

 2. (a) Briefly discuss the factors that consist a typical make - or - buy checklist.

 (b) Explain the difference between purchase by competitive bidding and purchase by negotiation.

3. (a) Compare the push and pull methods of coordinating work centres. (b) When is the demand for a given inventory item termed as independent or dependent ? Explain with suitable examples.