weaknesses

No segregation of duties
The storekeeping (custody of assets) maintains the inventory records(recording) The storekeeping sends the inventory status to the production planning and control(instead the inventory control department should be the one who sends the inventory status report)

 MR. Holt(authorization and recordkeeping) sends the Journal Voucher for the use of materials and a journal voucher for finished goods to General ledger(which is the function of the inventory control)

 Mr. Brackenbury, head of the Production and planning control, also heads the various work centers, supervisors of different work centers report to him. Cost accounting updates the finished goods inventory files(recording) instead of the inventory control department(authorization)

 Mr. Holt updates the Raw materials inventory ledger(custodianship and recording)