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Importance and Objectives of Material Handling
Material handling is a critical aspect of purchase management and overall materials management, which involves the movement, storage, protection, and control of materials and products throughout the supply chain. The importance and objectives of material handling are:
Cost Reduction: Effective material handling can help to reduce the costs associated with transportation, storage, and handling of materials. This can be achieved through the use of efficient equipment, optimizing warehouse layouts, and streamlining processes.
Improved Efficiency: Material handling can help to improve the overall efficiency of the supply chain by reducing the time and resources required to move materials and products from one location to another. This can help to improve production cycles, reduce lead times, and increase customer satisfaction.
Enhanced Safety: Material handling plays a crucial role in ensuring the safety of workers and products throughout the supply chain. Proper equipment, storage, and handling techniques can help to prevent accidents, damage to products, and reduce the risk of workplace injuries.
Increased Productivity: Effective material handling can help to increase productivity by reducing the time and effort required to move and store materials. This can help to improve the speed and accuracy of order fulfillment, which can in turn improve customer satisfaction and increase revenue. Better Inventory Management: Material handling can help to improve inventory management by reducing the amount of time and effort required to move and store materials. This can help to ensure that the right products are available at the right time, reducing stockouts and excess inventory.
