The Effect of Material Management Technique on Production Planning Process

This article will talk about the effect of Material Management technique on production planning process.  Material management is an approach that is closely integrated with various processes such as purchasing, planning, warehousing or storage, stock-keeping and materials movement from point A to point B. In other words, it’s a management process of material involving purchasing, storage control and transportation.

Due to the rapid growth and industrial development that the 20th century has seen, the” Traditional 5M’s which are Machine, Material, Manpower, Money and Management” have been effectively managed.

The industrial revolution that took place made the material(s) the largest element of costs in any organization. Many firms in the 20th century started recognizing the importance of material and other material activities such as purchasing, warehousing or storage, stock control and the distribution process that is carried out by the organization.

Till the year 1950, organizations had identified the need for effective coordination or integration of such material activities (mentioned above) and material organization tools concept, which includes physical distribution movement, logistic movement and material management. This was a way to check, coordinate and control the organization’s activities related to materials.

At a global level, there is no definition that defines material management very clearly.

Here are a few points to keep in mind for material management:

  1. Identification, classification and stocks coordination
  2. Provision, controlling the inventory and stress accounting
  3. Organizing the warehouse and its layout
  4. Distributing and handling in house storage
  5. Materials in the store should be properly presented

As we have mentioned above that there are no global definition for material management, an organization has to use the most suitable or appropriate technique that works best for them. It has to be implemented in the most effective way to ensure the cost is consistent with the service provided.

As per the American Production and Inventory Control Society (APICS) material management technique and production is grouping of management function related to the complete cycle of material flow from the purchase and internal control of work in the latter term, traditionally is limited to internal control of production materials.

Upon looking at the above definition, we can easily see that they are not different from each other but there is some difference in their approach and terminology.

For a detailed understanding of the process, please contact iACT Global.

Training and Development in Human Resource Management

Training-&-Development-in-HRM-iACT-Global

Training and Development are two strong pillars for Human Resource Management (HRM). These two areas of Human Resource Management focus on an individual progress to do the specific job well in the organisation and also ensure that the individual keeps growing within the organisation.

What is Training in Human Resource Management (HRM)?

Training simply put refers to providing skills to the employee so that he can do the job efficiently and effectively. So training is a planned process by the organisation which aims at increasing the knowledge, skill and ability of the employee for doing the job well.

 
 

Training Process – the training process in an organisation involves these steps:

  1. Needs Analysis – Identifies the training needs of an employee. This can be done through Task Analysis and Performance Analysis. In task analysis focus is on the elements involved in performing the task. In Performance Analysis focus is on the deficiency of an employee to perform well and how that can be corrected through training.
  2. Designing the training method- The organisation can use various training methods depending on their requirement and validity for the organisation. Training methods usually used are: Induction training, On the Job Training, Off the job Training, E-Learning and Simulation Training.
  3. Validation process – The Training methods need to be validated if they are working well for the employee and employee is showing better performance. This validation process can be done on a sample of employees.
  4. Implementation – It’s the easiest step as the training needs to now be implemented.
  5. Evaluation – the most important step in training process. This step checks whether all the efforts put in the training are a success or not. If the employee is performing well after the training than that means training process is a success.

Development in Human Resource Management refers to preparing an employee to handle more responsibility and challenge himself. Development is all about shaping the attitude of an employee so that he grows within the organisation and does well for himself and the organisation as a whole. For development of an employee its imperative that the supervisor monitors the progress of a subordinate well.

iACT Global offers courses in Training and Development which can be utilized by both individuals and organisation for mutual success. iACT Global helps an organisation to understand the importance of training and development as a deciding factor to ensure the employees utilize their full potential and stay happy and focused in the organisation. A happy employee means a happy organisation.

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Advantages of Having PMP Certification

Project Management Professionals Certification is the highest standard of project management certification in the world. So, if you are a project manager it makes sense for you to get PMP certified. In the last 20 years, over 600,000 project managers across the world have become PMP certified. Project Management Professional certification is the most respected project management certification in the world.
The question that comes to mind is: Why should I go for the PMP certification? The answer to the question is looking at the benefits which comes with the PMP certification:

  • You become more attractive to employers– A PMP certified project manager is more attractive to prospective employers as you demonstrate an ongoing commitment to learning and understanding.
  • Higher Salary – PMP certified professionals command higher salary as you are considered more knowledgeable and since worth more value to the organisation. On an average PMP certified project managers draw at least 20% higher salary than other non PMP certified managers.
  • Increase Revenue for organisation– PMP certification will result in increased revenue for your organisation. Clients would actually have more confidence in your abilities and would be ready to pay more for the products or services offered.
  • Competitive Advantage – PMP certification puts you at a competitive advantage over others. PMP certification mentioned in your CV will allow you to shine and command attention.
  • Improves your communication skills– PMP certification means that you speak the same language as any other PMP certified project manager in the world. This gives you a upper hand when it comes to communication skill in the project management field.
  • Global Networking Opportunities – PMP certification opens up Global Networking opportunities with fellow Project manager professionals.
  • Helps you in becoming Leader– PMP certification makes you a better leader. You can use your credentials to educate your peers. PMP certification will help you act as a mentor or coach which will in turn help you gain leadership experience.

iACT Global is a reputed online Training and Certification organisation. iACT Global will help you excel in the project management field. They offer certification in PMP. This certification will help you move ahead in your career. PMP certification will put you in demand as an established project management professional. There could not be a better time to get PMP certified and there could not be a better place than iACT Global to do so.