|
|
This is only a preview of the paper
Click here to register and get the full text.
Existing members click here to login
|
|
|
Material Research
The material manager today has to consider the implications of the following factors:
1. ... The technological changes expected in the markets form which materials are purchased. ...
Materials Research can be defined as a systematic formal and continuous analysis of all factors affecting the materials management function. The aim of the research is to ensure optimal decisions, particularly for important items and key raw materials. Thus, the scope of the Materials Research is vast and listed below:
1. ... Factors such as GNP, planed growth rate, business cycles, inflation, channelisation and other factors cab seriously affect the availability of materials and consequently the price levels. ... ‘Critical’ materials from the Company’s point of view, in terms of anticipated shortages, can be then isolated for top management’s attention. Materials have played a very important role in the progress of technology, even since steel becomes the major material of engineering, aluminum became the commercial metal.
Approximate Word count = 653
Approximate Pages = 2.6
(250 words per page double spaced)
|
|
|
|
|
|