MEET – Materials effectiveness
evaluation tool facilitates in studying every function
of a materials department, and rank the as-is condition.
MEET has a series of carefully organized
questions to simplify the assessor’s (external
auditor, materials manager etc) auditing process, on
the multi-faceted materials function. The questions
are close ended, focused to apply weightage for different
functions and staff levels (in top management, purchasing,
storing, controlling, computerizing) of the materials
department. The information derived through these questions
is mathematically assessed to provide a recommended
functional ranking.
Features
Function-wise
questionnaire covers all tasks of materials management
As-is-where ranking is generated
to highlight the prevailing scenario
Spider diagram graphically represents
the functional rating
Ranking helps the organization
to prioritize the focus on
Classifying the materials
Standardizing the master data
Enhancing purchase function
Optimizing the inventory policy
Improving the storage and preservation
policy
Rating the vendors
Monitoring the lead-time
Conclusion
To achieve excellence, performance
is to be monitored on regular intervals. Perpetual auditing
of a multi-facet function like materials is a time-tedious
job. ‘MEET’ an electronic auditor simplifies
the job of an assessor, fulfilling the need of industries
looking for continuous monitoring or of re-engineering.
