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Variety Reduction As A Tool For Effective Materials Control
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1.6 Research Questions
This study will attempt to provide answers to the following research questions:
- What are the areas covered by variety reduction?
- To what extent the stages of variety reduction facilitate the organization operational efficiency?
- How the benefit of variety reduction does minimizes cost in the organization?
- How do reasons for variety reduction improve quality production in the organization?
- What importance does the organization attach to variety reduction?
1.7 Definition of Terms
Material
Control: Is a key activity which covers a wide range of different tasks
from the moment the product is designed up to and including its final
delivery.
Standardization: Is a process of reducing the number of varieties stocked to a controlled workable minimum.
Simplification:
Is the elimination of all labour and materials that are absolutely
essentials so that more effective production can be carried out.
Redundancy: Is the excess over the normal holding of stock.
Surplus Materials: Having more than what is required or necessary.
Variety
Reduction: Is the process of reducing the number of types, size or
grades of a product that are purchased, made or stocked.
Store: Is a place where goods are kept upon onward delivery.
Suppliers: Those that supply or makes material available to an organization when needed and when required.
Value:
Is the cost from which the function of a product or service may be
obtained or accomplished at a form or place with the require quality.
Value
Engineering: This is simply the application of value technique to a
‘new’ product, process, components and system, commencing with the
conceptual design or prototype stage of the product.
Value Analysis: Is a tool or technique for identifying unnecessary cost factors with a view to eliminating or reducing them.
Cost: What it takes to make or buy a certain material or product.
Organization:
Is the process of dividing work into convenient tasks or duties, by
creating and maintaining like-groups to achieve specific objectives.
Personnel: The human resources and labour relations function.
Purchasing: The buying of required equipments, materials and services.
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ABSRACT - [ Total Page(s): 1 ]This research study is based on variety reduction as a tool for effective material control, a case study of Nigeria Bottling Company Plc. To understand the research work better, efforts was made at the introductory stage to explain the general importance of variety reduction with special consideration being placed on company especially Nigeria Bottling Company Plc, Kaduna. Also the general problem was also emphasized on such non recognition of the role of variety reduction on storage of differen ... Continue reading---
