store management new ppt

8/10/2019 Store Management New Ppt

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STORES MANAGEMENTPRESENTED BY

SHRI. V. D. MENDHE

B.E.(Elect.), M.B.A. (Fin. Mktg.)

A.C.M.A., CEA(BEE), LLB

SUPERINTENDING ENGINEER

(Training)

Corporate Office, Mumbai

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House Wife is theBest Materials Manager

Whatis

MaterialsManager
http://localhost/var/www/apps/conversion/tmp/Stores%20Management%20Overview%20New.dochttp://localhost/var/www/apps/conversion/tmp/Stores%20Management%20Overview%20New.doc


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Stores Management It is management of movement of materials

right from receipt to issue.

Functions

of Stores

Receive

Materials

Store

Materials

Issue

Materials


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The Work of Stores Staff starts fromreceipt of a purchase order is supposed to beobserved in following sequence.

Study of Purchase Order : Note delivery period , Noteimportant Clauses

Follow up for supplies

Watching dispatches of Materials

Clearance of Materials

STORE MANAGEMENT

The main task of store staff


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ISSUE MATERIAL RECIEPT INTIMATION TO CONCERN SUPPLIER


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(S.R. NOTE)


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Inspection of Materials Giving Receipt Intimation to variousauthorities

Correspondence with Supplier Correspondence with H.O

Lodging of damages claim. Acceptance of Material. Preparation of S.R. Note

Sending SR Note for ValuationPayment Keeping damages/rejected Account.


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1.

Bin Cards : Entering the S.R. Notes into BinCards, (xxxxx)

2. Issue :

a)Keeping proper record of allocation ofmaterial issue material on valid requisitions as

per allocations, prepare gate pass. Entering intothe Bin cards.b)Maintaing Control register for proper controlon requisitionsC)Sending one copy of requisition after issue ofmaterial to division office for valuation creditnotes.


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WEIGHTED


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Inventory comprises a significant portion ofthe assets of many enterprises and the bulkof working capital is locked up in this item. Itgenerally constitutes the second largest item

after fixed assets in the financial statements.It is for this reason that inventory valuationand inventory control have assumed greatsignificance.

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1) Periodic Inventory 2) Perpetual InventoryPeriodic Inventory

Value of stock is ascertained by physicallycounting the stock at the end of the year.

It may take a week to finding stock figure

Receipt & Issues have to be suspended.

It is based on physical stock taking

It provides inventory data periodicallyusually once in a year.

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Perpetual Inventory (Continuous Stock Taking) This is continuous stock taking at any timejust by comparing the physical balance withbook balance.

Continuous process

No need to suspend Receipt & Issues ofmaterials.

It is based on records . Perpetual Inventory provides the data on a

running basis.

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3.

Perpetual Inventory : Taking perpetual

inventory of certain important items say Atype of items. It is stock taking of certainitems at regular intervals say one month andfind out shortages/excesses.

4.

Reconciliation : Reconcile bin cards with thestock ledgers at regular intervals to see thatno documents are remained to be that forand no manual, mistakes have occurred

during posting etc.


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5. Up keeping of stores : Keeping the materialproperly in its location numbering the same.Labeling the material stacking the material

properly Ex. Oil drum in open shed. Heavymaterials on concerts platform. Panel inopen shed, Tower Materials in open yard.Horizontal Etc. (xxx)

6.

Fire Fighting : Equipments for fire fightingare regularly checked and kept in readinessfor use whenever required.

7.

Weighing Scales:- Weighing scales are yearly

got checked by concern Govt. Authority &license to use is renewed on year to yearbasis.


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Accounting : All the SR Notes received fromthe stores (Custody) are properly valued andIBAs (Inter Branch Adjustment ) are sent torespective Divisions / Circles /H.O.

All the material requisitions arevalued and IBAs for issue and credits are sentto respective divisions.

Posting in stock ledger is donefrom SRN and Material requisitions.


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1. Transport Tender2. Grass Cutting Tender

3. Cleaning of Store Yard / Office

4. Material/Unloading/ Loading Tender

5. Unloading Tender for Heavy material more than20MT & above at site.

6. Tender for Security of store

7. Gen. street light maintenance tender

8. Follow up with supplier/HO/User9. Annual maintenance contract for Weighing

Scales/ Fire Fighting Equipment


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CHIEF ENGINEER (ZONE)

EXECUTIVE ENGINEER (STORE)

TECHNICAL

1)

ASSISTANT

ENGINEER

(STORE S CUSTODY)

ACCOUNT

.R.

2)

JUNIOR

ENGINEER

UDC (HR)

PEON

L

DC (CASHIER)UDC (A/C) UDC (AUDIT)

DY. MANAGER (F A)

3)

HELPER

4)

WATCHMAN


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1 NAGPUR ZONE -- MAJOR STORE A WARDHA

2 AMRAVATI ZONE --

MAJOR STORE A BADNERA

3 AURANGABAD ZONE a) MSA AURANGABAD

b) MSA USMANABAD

4. PUNE ZONE -- MAJOR STORE A BARAMATI

5 NASHIK ZONE --

MAJOR STORE A DHULE

6 KARAD ZONE -- MAJOR STORE A KARAD

7 VASHI ZONE -- MAJOR STORE A PANVEL

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IN OUR COMPANY EACH ZONE HAS

ONE MAJOR STORE EXCEPT AURANGABAD

ZONE HAS TWO MAJOR STORES.


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1468.07

285.53

92.29

56.25335.93

Value of Non Moving/Slow Moving as on 31.03.2012 in Lacks..

Less Than 6 Month

More Than 6 Month

More Than 1 Yr. upto 2 yr.

More Than 2 Yr. upto 3 yr.

More Than 3 yr.

M JOR STORE W RDH

1 year, 2 year, 3 year 5 year Non slow moving item as

on 31.03.2012 (Total inventory 2238.30 lacks.


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189.59

293.82

76.48

110.62

998.72

57.66

103.39

407.99

Particulars Material

STEEL

TRANSFORMER

METERING EQUI.

CABLE & CONN.

OTHER

DDWPLCC Marerial

Tower Meterial

M JOR STORE W RDH

Statement showing group wise grand total value of

the physical stock of store as on 31.03.2012


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189.59

293.82

76.48

110.62

998.72

57.66

103.39

407.99

Particulars Material

STEEL

TRANSFORMER

METERING EQUI.

CABLE & CONN.

OTHER

DDWPLCC Marerial

Tower Meterial

M JOR STORE W RDH

Statement showing group wise grand total value of

the physical stock of store as on 31.03.2012


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ish You All Successful

Prospective Carrier in

MSETCL

THANKS


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1) Stores plays a vital role in the operations of a

Company2) Stores function is an inseparable part of all

business and non business concern. Whetherthey are industrial or service oriental, publicor private, small or large.

3) The task of store keeping relates to safecustody and stocking of materials, their receipts,issue and acccounting with the objective ofefficiently and economically providing the Rightmaterials at the Right Time whenever required inthe Right condition to all user departments.

store management new ppt

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