Scribd Logo
Upload

Welcome to Scribd!

  • 128 views

    Store Vs Material Manager

    Uploaded by

    Sivaranjani Radhakrishnan
    The document compares the roles of a materials manager and a stores manager. A materials manager, also called a purchasing manager, is responsible for planning, directing, and coordinating the procurement of materials, products, and services for a company. They work with various departments to develop specifications for needed supplies and locate qualified vendors. A stores manager's main responsibility is to efficiently provide materials like raw materials, spare parts, and tools to operating functions. Key functions of a stores manager include receiving, inspecting, storing, and issuing inventory, as well as maintaining stock records and accounting. While a stores manager handles inventory management, a materials manager oversees the entire procurement process and manages a purchasing department.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd

    Store Vs Material Manager

    Uploaded by

    Sivaranjani Radhakrishnan
    128 views11 pages
    The document compares the roles of a materials manager and a stores manager. A materials manager, also called a purchasing manager, is responsible for planning, directing, and coordinating the procurement of materials, products, and services for a company. They work with various departments to develop specifications for needed supplies and locate qualified vendors. A stores manager's main responsibility is to efficiently provide materials like raw materials, spare parts, and tools to operating functions. Key functions of a stores manager include receiving, inspecting, storing, and issuing inventory, as well as maintaining stock records and accounting. While a stores manager handles inventory management, a materials manager oversees the entire procurement process and manages a purchasing department.

    Original Description:

    Materials Managemnet

    Original Title

    Store vs Material Manager

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The document compares the roles of a materials manager and a stores manager. A materials manager, also called a purchasing manager, is responsible for planning, directing, and coordinating the procurement of materials, products, and services for a company. They work with various departments to develop specifications for needed supplies and locate qualified vendors. A stores manager's main responsibility is to efficiently provide materials like raw materials, spare parts, and tools to operating functions. Key functions of a stores manager include receiving, inspecting, storing, and issuing inventory, as well as maintaining stock records and accounting. While a stores manager handles inventory management, a materials manager oversees the entire procurement process and manages a purchasing department.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    128 views11 pages

    Store Vs Material Manager

    Uploaded by

    Sivaranjani Radhakrishnan
    The document compares the roles of a materials manager and a stores manager. A materials manager, also called a purchasing manager, is responsible for planning, directing, and coordinating the procurement of materials, products, and services for a company. They work with various departments to develop specifications for needed supplies and locate qualified vendors. A stores manager's main responsibility is to efficiently provide materials like raw materials, spare parts, and tools to operating functions. Key functions of a stores manager include receiving, inspecting, storing, and issuing inventory, as well as maintaining stock records and accounting. While a stores manager handles inventory management, a materials manager oversees the entire procurement process and manages a purchasing department.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    You are on page 1of 11

    FUNCTION OF STORES

    MANAGER VS MATERIAL
    MANAGER
    INTRODUCTION

    • A material manager, also known as a purchasing manager ,is responsible for planning
    ,directing ,or coordinating the process of buying materials, products and services.
    • Materials managers must create the deals that keeps materials flowing into the factory
    so that products can continue to flow out of the factory.
    THERE ARE SOME AREAS WHERE THE MATERIALS
    MANAGER WORKS:-
    • 1. Administration :-
    • Material manager participate in development of solicitations and requests for proposals for
    equipment and materials.
    • They implement the company purchasing policies and often assist in purchasing policy
    preparation.
    • Material managers work with HR personnel to interview, hire and train materials or
    purchasing department staff members.
    PURCHASING

    • As new or additional equipment or supplies become necessary ,materials managers work


    with plant engineers and production supervisors to develop specifications for the needed
    supplies or equipment .
    • They locate vendors that can provide the supplies, machinery or other equipment in a
    timely manner, with favorable terms of sale.
    RECORD KEEPING:-

    • A materials manager reviews and processes the requisitions for materials the company
    acquires. These include records of the goods, materials, supplies and services received, as
    well as any other information or documentation required by law ,regulation or policy.
    • They maintain the histories of the vendor’s and reviews and analyzes vendor’s
    performance periodically.
    MANAGEMENT :-

    • Material manager manages a department staff ,in addition to the details of purchasing and
    procurement.
    • Materials manager direct the department’s staff activities.
    • Materials manager must also settle the inevitable problems, complaints and grievances
    related to contractor, vendor’s and staff.
    OTHER FUNCTION OF MATERIAL MANAGER:-

    • Develop department budget .


    • Develop and review personnel to meet functional objectives.
    • Set up and manage production control cycle.
    • Support buyer to negotiations with suppliers on lead time, cost, delivery and quality.
    • Analyze price proposals and financial reports to identify reasonable prices.
    STORES MANAGER FUNCTIONS

    • Purpose and objectives:


    • The main objectives of the stores function is to provide efficient service to all operating
    functions- production, construction, repairs and maintenance, etc.
    • Make available a balance and timely flow of all materials- raw materials, spare parts and
    components, tools and equipment and all general stores.
    • Receive, inspect and issue the above stores to work in progress.
    • Accept, store and arrange disposal of scrap and unwanted stores.
    RESPONSIBILITIES AND FUNCTIONS:

    • The main responsibility of the store function is to provide stores service most economically. To discharge the responsibilities effectively the following functions
    will have to be performed-

    • Identification is the process of codifying and describing all items required to be stocked.

    • Receipt is the process of accepting after inspection all materials required for use in the organization.

    • Inspection is checking of all incoming materials for quality.

    • Storage is the process of storing the materials in warehouse, stockyards, etc…

    • Stock control is the process of provisioning which means continuously arranging recoupment, receipts and issues of stocks so as to ensure required service
    consistent with economy.

    • Issues and dispatch is the process of receiving demand from consumers and issuing the demanded materials without loss of time.

    • Stock records have to be maintained showing day to day position of receipt issues and stock balances.

    • Stores accounting is charging each issuer voucher in a manner so that the money spent is properly allocated.

    • Stock taking is the process of verifying physically the quantities of materials and their condition in the stock at specified intervals to see if they agree with
    quantities shown in stock records.
    Types of Hospital Stores:
    The hospital stores can be divided into two broad categories:
    • Non Consumable Stores: These stores may be utilized repeatedly.
    • Consumable Stores: These stores are utilized only once.
    STORES MANAGER VS MATERIAL MANAGER

    • Material management is a process of management functionl at micro and macro level,


    which co-ordinates ,supervises and executes the task associated with flow of materials to
    through and out in an integrated fashion. Stores keeping is one of the many components
    of materials management.
    • Stores Management is a part of Materials Management.

    You might also like

    pFad - Phonifier reborn

    Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

    Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


    Alternative Proxies:

    Alternative Proxy

    pFad Proxy

    pFad v3 Proxy

    pFad v4 Proxy