material resources

material resources

material resources

Hi everyone! On negarinfo and in this post we are going to talk about “material resources”

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What Are Material Resources?

You’re walking through a forest, marveling at the beauty of the trees. Suddenly, you decide it might be nice to build a house here. You realize that if you cut down a few of the trees, you can both clear space and use the logs to build the house at the same time. You’ve just realized that a material (wood) can be used as a valuable resource.

Or, let’s say you come home from the beach one day, and you accidentally drop some sand from your shoe into a hot oven. The oven is so hot that the sand melts, and when it hardens, you find a piece of clear glass. Suddenly you get excited and collect more glass so that you can have enough to build a window. You’ve realized that another material (sand) can be used as a resource.

Material resources are materials found in nature that can be used for practical, human purposes that are considered to have value. You can sell houses, and you can sell glass windows, so both of these things certainly have a value in money. But as long as humans think an item has some value, it’s a material resource. There are many material resources, including wood from trees, edible plants that can be used as food, sand to make glass, metals extracted out of rocks, and chemicals from plants that can be turned into plastics.

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material resources
material resources

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Types of material resources

The material resources of any organization are classified into:

Transformation goods . Those material resources whose destiny is to be transformed throughout the productive circuit, that is, that change their shape, physical state or composition, to give rise to new materials. In turn, they can be classified into:

  • Non-renewable material resources . Those that are consumed during the industrial process and that must be replaced, but whose existence may well run out. For example: oil , coal.
  • Renewable material resources . Those that are also consumed during the industrial process, but whose replacement is easier in the medium term, especially if the necessary measures are taken to guarantee it. For example: hides, wood, organic matter , electrical energy .

Fixed assets . Those material resources that are used directly or indirectly in the production circuit, but that are not consumed when used, but are responsible for imposing the transformation of the raw material. Such is the case of machines, tools, transport vehicles.

Examples of material resources

The vehicles allow the movement of supplies, personnel and products.

material resources
material resources

The simplest examples of material resources of a company are:

  • Raw material , which through the industrial process will be transformed into manufactured or semi-finished products to be supplied to third parties.
  • Machinery and / or tools , used by workers , are those that allow the production process to be carried out physically. However, they do not belong to the worker, but to the company.
  • Furniture and office objects , such as tables, chairs, desks, shelves, sideboards, billboards, and a long list of supplies for everyday use.
  • Vehicles . Different types of vehicles and automobiles that belong to the company and allow the movement of inputs, personnel or the goods produced ( distribution ).
  • Energy and fuel , essential to power the machines or vehicles and to be able to carry out the work. They are usually supplied by third parties and constantly consumed.
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Other resources of a company

In addition to material resources, every organization has different types of resources, such as:

  • Human resources . It refers to the set of workers who participate in productive or administrative activity, and whose work keeps the company running.
  • Technological resources . It refers to the know-how , that is, to the specialized knowledge that is put into practice in production, as well as the set of equipment that is required to do so.
  • Financial resources . It refers to the money available and the resources that allow the company to obtain it, in order to finance its own productive activity and remunerate its workers.

 

 

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