Classroom at site on Material Reconciliation

Srinivasan

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Sep 7, 2017
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We use material reconciliation to analyze and verify ingredients at the end of a production process. It allows you to compare the material quantity that actually flowed in with the planned quantity or the quantity of the material produced. With respect to this topic, it is the process of ensuring that the standard and actual data agree after taking into consideration the data relating to the variances. “Reconcile = Getting two things to correspond/agree


To have a account of actual consumption of Materials.  Control of Wastage or Excess Material Consumption.  To know the measures to be taken to minimize wastage as we can know area where wastage is more than norms to the extent possible and hence we can save cost on account of wastage.
 

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