1.Storage functions and responsibilities
2.Location and layout
3.Stores system and procedures
4.Cost aspects and productivity
5.Stock receipt, issue and dispatch
6Stores accounting and stock verification
7.Stores security
1. Storage functions and responsibilities: This involves managing the storage of goods or materials in a warehouse or storage facility. This includes identifying and categorizing items, ensuring proper handling and storage, and maintaining inventory records.
2. Location and layout: Determining the location and layout of a storage facility is important for efficient operations. Factors such as accessibility, space utilization, and safety considerations need to be taken into account.
3. Stores system and procedures: Establishing effective systems and procedures for receiving, storing, issuing, and dispatching goods is crucial. This includes implementing processes for tracking inventory, establishing stock reorder levels, and maintaining accurate records.
4. Cost aspects and productivity: Managing costs associated with storage is important for overall profitability. This involves optimizing storage space, minimizing waste or loss, and implementing productivity measures such as automated storage and retrieval systems.
5. Stock receipt, issue, and dispatch: Managing the flow of goods into and out of the storage facility is essential. This includes receiving incoming shipments, inspecting and verifying goods, issuing items as per requirements, and dispatching goods to their intended locations.
6. Stores accounting and stock verification: Maintaining accurate records of inventory levels and transactions is crucial for effective inventory management. This involves regularly reconciling physical stock with the recorded stock, conducting regular stock audits, and updating records accordingly.
7. Stores security: Ensuring the security of stored goods is paramount. This includes implementing security measures such as access control, surveillance systems, and inventory tracking systems to prevent theft, damage, or loss of goods.