What is Store management?

Store management:-

Store department receiving materials, storing them and issuing these to workshops and departments in order to maintain demand and supply. The store department is under the control of person known as storekeeper.
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Fig:1 Store management

Function of store management:-

1. Receiving, inspecting and recording of raw materials.
2. Arranging for QC of raw materials.
3. Positioning and storage.
4. Issuing and recording.
5. Receiving and dispatching of finished goods.

Result of store management:-

1. Easy identification of all material stored.
2. Receipt of incoming goods.
3. Inspection of all receipts.
4. Easy to handle materials.
5. Easy for stock tracking.
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Fig:2 store management advantage

Advantages of Store management:-

1. Optimum level of service to user department.
2. Best internal control.
3. Tracking of raw materials consumption.
4. Avoids duplication of efforts.
5. Provides opportunities for standardization.

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