Sunday, August 28, 2011

interduction to store keeping

materials received in the store should not be kept at whatever place . Therefore , agonized storing is one basic requirement of materials control that prevent losses from misappropriation, damage ,theft, evaporation , deterioration , leakage or obsolescence of store item , Whatever controlling effort put up by the organization will be loss effective if the item purchase are not kept systematically within the stores . experience shows that in many industrial organization they exercise a stiff control over cash but pay loss or no attention to materials control . It is surprising that they do forget the materials purchase by paying cash. materials can be converted into cash after they have been process into the finish production . So the materials in the store should be considered equivalent to cash . a well equipped store department is necessary to exercise control over materials where functions like collection , arrangement , prevention , distribution and recording of materials movement are carried out .           

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