| Material Control | |||||||||||||||||||||||||||||||||||||||||||||||||
| Pegging[1] | |||||||||||||||||||||||||||||||||||||||||||||||||
| Projected Available Balance[2] | |||||||||||||||||||||||||||||||||||||||||||||||||
| Scrap Quantity[3] | |||||||||||||||||||||||||||||||||||||||||||||||||
| Scrap Percentage (shrinkage factor)[4] | |||||||||||||||||||||||||||||||||||||||||||||||||
| Component Scrap (scrap factor)[5] | |||||||||||||||||||||||||||||||||||||||||||||||||
| New Product Introduction Management[6] | |||||||||||||||||||||||||||||||||||||||||||||||||
| Rescheduling Management[7] | |||||||||||||||||||||||||||||||||||||||||||||||||
| Order Point System[8] | |||||||||||||||||||||||||||||||||||||||||||||||||
| Joint Replenishment Systems [9] | |||||||||||||||||||||||||||||||||||||||||||||||||
| MRP Material Requirements Planning(MRP)[10] | |||||||||||||||||||||||||||||||||||||||||||||||||
| Kanban In general, kanban is a production control system for repetitively used components. It is a replenishment system, but one that only allows material to be moved or manufactured when actually needed. | |||||||||||||||||||||||||||||||||||||||||||||||||
| How Much to Order | |||||||||||||||||||||||||||||||||||||||||||||||||
| Lot For Lot Lot for lot is defined as a lot-sizing technique which generates planned orders in quantities in each period[11] | |||||||||||||||||||||||||||||||||||||||||||||||||
| Period Order Quantity Period order quantity is defined as a lot-sizing technique under which the lot size is equal to the net requirements for a given number of periods. This method is often used in conjunction with the ABC classification for the purchasing of raw materials. Blanket rules are determined for A's, B's, or C's. For example. A's order 4 weeks supply. B's order 10 weeks supply, C's order 6 month supply | |||||||||||||||||||||||||||||||||||||||||||||||||
| Order Modifiers The order modifires are used to convert the order into practical quantities for ordering purposes. There are three modifiers most packages provide. * MinimumOrder Quantity * Maximum Order Quantity *Multiple Order Quantity The order quantity is rounded up to the nearest multible of the quantity entered into the system. This is required to plan order quantities which are practical when products are supplied in fixed pack sizes. | |||||||||||||||||||||||||||||||||||||||||||||||||