Prepared by:
Mohit Kr

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Abstract

Raw material as a resource is the primary focus to achieve the objectives set out by an organisation or industry. The entity of an organisation would last long until its decisive authorities keeps the dedication and a quench to be efficient in management chain from procurement to the product realization hence the primary objective is efficiency in process of production from procurement through to the finished goods. The management responsibility towards the operations has a significant effect (including process management) on the health and growth to establish a market. During this entire course of action i.e Production (Procurement to Finished goods), a number of activities is involved which has been undertaken in various areas of interest that further would have been helping to LPG (Liberalization, Privatisation and Globalization) era. These following are different perspectives which may be incorporated to achieve the objectives according to the plans chalked out by the organisations.

1. Market Trends and Analysis
2. Market of Alternatives
3. SWOT analysis
4. Threat mechanism
5. Procurement strategy and planning
6. Modern techniques for preparation and distribution
7. Machine safety
8. IT enabled services
9. Process defects and management
10. Process control
11. Waste & Feasible solutions
12. R&D applications (Scientific Analysis)
13. Outset of mechanism
14. Discussions
15. Inferences & Deliverables

This endeavour worth and will prove a “Philosopher Stone” to the industry in Handling, Preparation and Management of Raw materials to strengthen the economy.