1st February 2021
ABC analysis in Material Management
In materials management, ABC analysis is an inventory categorization technique. ABC analysis divides an inventory into three categories, “A items”…
Study BBA, BMS, B.Com Syllabus wise Notes
In materials management, ABC analysis is an inventory categorization technique. ABC analysis divides an inventory into three categories, “A items”…
Golf Analysis The letter stands for Government, Ordinary, Local and Foreign. There are mainly imported items which are canalized through…
Lead Time A lead time is the latency between the initiation and completion of a process. For example, the lead…
VED VED analysis is an inventory management technique that classifies inventory based on its functional importance. It categorizes stock under…
Product design as a verb is to create a new product to be sold by a business to its customers.…
Purchasing is the first phase of Materials Management. Purchasing means procurement of goods and services from some external agencies. The…
The concept of plant layout is not static but dynamic one. It is on account of continuous manufacturing and technological…
A statement of intent, the design brief states the problem to be addressed. It serves as a starting point from…
The term “reporting” mean different things as follows: Furnishing data at regular intervals in standardized forms, Submitting specific information for…
Ethics are broadly the set of rules, written and unwritten, that govern our expectations of our own and others’ behaviour.…