MS - 56 (2015) DEC

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Management Programme ASSIGNMENT SECOND SEMESTER 2015 MS-56: Materials Management School of Management Studies INDIRA GANDHI NATIONAL OPEN UNIVERSITY MAIDAN GARHI, NEW DELHI 110 068 MS-56

description

IGNOU assignment for July-dec 2015

Transcript of MS - 56 (2015) DEC

Page 1: MS - 56  (2015) DEC

Management Programme

ASSIGNMENT

SECOND SEMESTER

2015

MS-56: Materials Management

School of Management Studies

INDIRA GANDHI NATIONAL OPEN UNIVERSITY

MAIDAN GARHI, NEW DELHI – 110 068

MS-56

Page 2: MS - 56  (2015) DEC

ASSIGNMENT

Course Code : MS - 56

Course Title : Materials Management

Assignment Code : MS-56/ TMA/SEM - II /2015

Coverage : All Blocks

Note: Attempt all the questions and submit this assignment on or before 31st October, 2015 to

the coordinator of your study centre.

1. “Materials management contains an integrated process of materials flow, in, through and

out of an organization”. Comment and talk about the reasons behind it!

2. Comment:

a. Sound ethical principles contribute toward better buyer-seller relationships.

b. Management of supplier network has become a contemporary and critical issue?

3. “Certain elements of JIT, like JIT purchasing, can be incorporated in a batch production

environment using MRP II, and MRP with JIT may be quite useful and effective in

bringing down inventory levels, particularly WIP inventory”. State the reasons behind

this.

4. State the role of backlog list in a CONWIP system. Also compare the Kanban and

CONWIP systems for controlling WIP inventories?

5. What are the objectives of a good warehouse layout? Is it always not possible to

implement a good warehouse layout? Comment on the management strategy keeping cost

and time factors in mind.

6. Write short notes on:

a. BIN Cards

b. Closed/Open stores system

c. Preservation of materials