After reading this article you will learn about the devices used for handling materials in various industries. 1. Small Industry: In small industries mostly manual handling devices are used to move the materials inside the plant. For such purposes, materials are moved by unskilled labour from one department to the other in containers carried by them in hands or in [...]
Material cost is a main component in the total cost of the product (varying from 25 to 70%). Therefore, in order to control the cost, it is necessary to pay maximum attention for controlling material cost in following way: Way # 1. Control Over Abnormal Losses: These are avoidable losses and are wastage which should be controlled. These losses arise [...]
Following are some of the areas, in which saving can be done as discussed: 1. Materials 2. Machinability 3. Tolerances 4. Fewer Parts 5. Tool Design 6. Make or Buy 7. Increase Productivity 8. Distribution System. Area # 1. Materials: In order to reduce the cost of the product, materials of lower or different quality which will not affect the [...]