Discuss the importance of store function in a manufacturing company .Analyze critically the likely consequences of the failure store function to fulfill its basic objectives
.
Introduction
Store
function
Refer to those
transaction which involves the
receiving custody and
distribution of material of
the store in the corporation ,the materials
which are receiving ,custody and
divide in the stores for instance:
Raw materials, space part and finished
Types of store
1. Centralized
store
2. Decentralized
store
3. Semi
–centralized store.
The
following are importance of store function in the manufacturing company
Re
inspected
It
help to provide handling of material
the store function it facilitate
the opportunity of handling
of good in the store
,where the goods be kept for the for major purpose .
It
provide maintained of safety and security of material
Store function
are responsible on
maintaining safety of the
goods when stored ,where by
materials kept in the secure store for
further use.
It helps to identify materials stored
This led to the possibility of knowing the quantity
and quality of the material stored in the store.
It
helps to facilitate during the inspection of the materials
When the material are stored together this led to
this proper possibility when inspecting
of the material stored, where by
material are inspected in proper form of the
authorized manner.
It
provide employment to the skilled and unskilled people
Store function its main the employment opportunity
to the people when the conducting of the store function generates in daily
consumption.
It
facilitates on making stoke taking or evolution
Store function help on the process of physically
verification of quantities and condition of good, where by the store department
insure the proper quantities and condition in store.
The following
are the critical
and likely consequence of the
failure of store function to fulfill its basic objectives.
Inspection
store
function can led to the due failure of the basic objectives due to
the inspection purpose .Where the material
are improper inspected
when stored in the
store
i.e. due to
the failure examination of
incoming good for qualify,
quantity ,price and time
Identification
store function can led to the failure of
managing on identify the materials
by not ensure all items of store
are systematically defined and described
where by the
materials can disapear
without knowing where
the material stored.
Responsibility
to economy
When the store function cannot
manage to provide service within
regard to economy the store has
to ensure that all operation
within the store system are performed
as efficiently and
economically as possible . when the systematically or proper observed
manner can led to
the failure of the
basic objective of the
store function
Store
records
The store
function can failure due
to the improper stock records
that out let particular of
receipt issue and balance
in document .Where
by the stock record s are
not properly record this
can led to the failure of the
basic objectives of store
function .
Issue
and dispatch
The store
function can failure
due the miss order on
the process of receiving demand ,selecting the items
required and handling them over
to users ,this can led to the failure of basic objective
of store function .
CONLUSSION
Hence
to those transactions this involves the receiving, custody and distribution of
materials. When the store function are properly, systematically and efficiently
observed in good manner; it help to fulfill basic objectives
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