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Materials control is important for keeping raw material Tablets Over Stock , Mobile ageing stock, Electronics ageing stock in stores within limits, i.e., avoiding Monitors Ageing Stock and Desktops ageing stock and understocking of raw materials.
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What Is Material Control And Why Is It Important? Definitions: “Material control is a systematic control over purchasing, storing and consumption of materials, so as to maintain a regular and timely supply of materials, at the same time, avoiding overstocking.” “Material control refers to the management function concerned with acquisition, storage, handling and use of materials so as to minimise wastage and losses, derive maximum economy and establish responsibility for various operations through physical checks, record keeping, accounting and other devices. ” Material control, in basic terms, refers to the different procedures used to decrease the amount of material loss during the receiving, storing, and issuing of raw materials. In practice, material control is implemented by regular records and reports pertaining to the procurement, receipt, inspection, storage, and distribution of direct and indirect supplies. Material control can make a significant difference in a company's efficiency.
The following are the main materials control objectives: (a) To ensure continuous production: Material control's major goal is to ensure that manufacturing runs smoothly and without interruptions. Stoppage in production and delays in production cost a company a lot of money. (b) To ensure that the materials are of the required quality: The quality of the goods is largely determined by the raw materials used. If the raw materials are of poor quality, the finished product will be of poor quality, affecting the product's selling in the market and resulting in a loss of income as well as the company's goodwill. It is critical to maintain strong control and oversight over material acquisitions, storage, and handling. (c) To cut down on waste: Material loss can occur due to rust, dust, dirt, or dampness, poor and reckless handling of materials, inadequate packing, and a variety of other factors. The reasons for such losses must be identified, and every effort should be made to reduce the amount of raw resources wasted. Only by implementing an effective materials control system will this be achievable. Why is Material control important? 1. Materials control is important for keeping raw material Tablets Over Stock , Mobile ageing stock, Electronics ageing stock in stores within limits, i.e., avoiding Monitors Ageing Stock and Desktops understocking of raw materials. ageing stock and 2. It ensures that materials are stored properly. Appropriate storage facilities must be provided for the proper preservation and safety of items. Quantities of materials can be provided to various jobs as and when needed with the help of effective material storage and Home Appliances ageing stock . 3. Material control is essential for determining the correct cost of production. 4. Under the materials control system, certain techniques and methods are developed to ensure optimal material utilisation.
5. The importance of a proper materials control system cannot be overstated in order to conduct continuous material inspections. 6. A well-managed materials control system ensures the timely availability of various types of materials.