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  • PM Prsntatn

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    Jayakumar Radhakrishnan
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    This document outlines the key aspects of stores management. It defines store keeping as the safe custody of materials stocked in stores, where the store keeper acts as a trustee to store items with minimal possible damage and allow for easy location and issuing. The aims of stores management are to minimize production costs, coordinate with other departments, provide materials and parts as needed, and receive, store, and issue raw materials and finished goods. Functions include receiving, storing, recording, issuing, and maintaining materials, as well as planning warehouse space and layout. The benefits are easier location of materials, smooth production, regular verification, reduced waste, and availability of statistical information.

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    Pm Prsntatn

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    This document outlines the key aspects of stores management. It defines store keeping as the safe custody of materials stocked in stores, where the store keeper acts as a trustee to store items with minimal possible damage and allow for easy location and issuing. The aims of stores management are to minimize production costs, coordinate with other departments, provide materials and parts as needed, and receive, store, and issue raw materials and finished goods. Functions include receiving, storing, recording, issuing, and maintaining materials, as well as planning warehouse space and layout. The benefits are easier location of materials, smooth production, regular verification, reduced waste, and availability of statistical information.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    15 views9 pages

    PM Prsntatn

    Uploaded by

    Jayakumar Radhakrishnan
    This document outlines the key aspects of stores management. It defines store keeping as the safe custody of materials stocked in stores, where the store keeper acts as a trustee to store items with minimal possible damage and allow for easy location and issuing. The aims of stores management are to minimize production costs, coordinate with other departments, provide materials and parts as needed, and receive, store, and issue raw materials and finished goods. Functions include receiving, storing, recording, issuing, and maintaining materials, as well as planning warehouse space and layout. The benefits are easier location of materials, smooth production, regular verification, reduced waste, and availability of statistical information.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 9

    STORES MANAGEMENT

    DEFINITION
    Store keeping refers to the safe custody of all materials stocked in stores where the store keeper acts as a trustee. It simply means that the materials are to be stored such that there is least possibilty of damage. It also helps for easy location and issuing whenever required.

    Aims of Stores Management


    Minimisation of cost of production. Coordination with other departments. Making available flow of raw materials within the least possible time. Providing spare parts, general stores required for production. Receiving from production unit and issuing to the sales unit. Accepting and storing scrap.

    Functions of Store Keeping


    Receipts of materials into store Safe custody of stocks Record Keeping Issue of materials Planning of warehouse- space, layout, storage and handling equipment Adequate maintenance & preservation of materials.

    Contd
    Prepare and maintain accurate records Effective use of warehouse space and manpower.

    Types of Stores
    Raw material Stores Finished Goods Stores Tools Store Scrap Stores Maintenance Store

    Benefits of Good Store Keeping


    Location of materials in the storeroom becomes easier, avoiding confusion. Smooth running of production department. Physical verification becomes the order of the day. Minimisation of wastage of time, labour and money.

    Contd..
    Availability of statistical information & proper recording. Ascertaining of cost of storage and cost of production.

    THANK YOU..

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