Store keeping of material

           

Store keeping of material 

  Even nowadays ,store keeping is not given much importance as it should be given When production department are well equipped ,stores are ill equipped with poor lighting condition .Even stores keepers are under paid This leads to lots of stock ,wrong issues ,running out of stock ,etc...which in turn causes production delays .So importance should be given to store keeping with modern facilities and competent persons .

The functions of a store department are :

1  Receiving ,storing ,inspecting and safeguarding of materials .

2  Issuing correct material .

3 Maintaining store records for different material .

4 Giving timely notice for purchasing material. 

The following types of material are kept in store :

1 Raw material. 

2 Indirect material consumed during production. 

3 Tools and equipment .

4 Finished product or saleable goods. 

          Unworked raw materials are generally called as stores .The place where they are stored is called store room .Indirect materials are also kept here 

          Finished product ready for sales are called stock .The place where they are kept is called stock room or warehouse .

          This type of distinction is made only in large firms .In smaller and medium sized companies both stores and stocks are kept in the same place and it is called as store room in common .

          Store room should be located at a place where the total cost of handling material is minimum .

The following factors are considered while locating the store room .

1 Store room for raw materials should be near the point of use 

2 Finished goods are stored near the transport conveyance  

3 Store room for unflammable articles should be away from the main plant 

4 Store rooms for bulky goods should be in ground floor and also near the point of use .

5 Store room for tools and consumables used daily in the shops should be near the shops 

The layout of a store room must provide 

1 For receipt and storage of material.

2 For easy and quick disbursement of materials. 

3 For protection against damage and deterioration .

4 For easy identification and location of materials .

5 For easy adoption of first in first out principle .