Man Power Requirement

  • Subscribe to our RSS feed.
  • Twitter
  • StumbleUpon
  • Reddit
  • Facebook
  • Digg

Thursday, 29 April 2010

Concept And Meaning Of Store Routing

Posted on 19:03 by Unknown
Store Routing
The process set by a manufacturing company to control materials is called store routing. Store routing consists of all the process involved in proper purchasing, storing, and issuing of materials to the concerned departments. The store routing can be summarized as follows.

1. Purchasing and receiving of materials
* Request for purchase of materials
* Inquiry and tender quotation forms issued to potential suppliers
* Selecting suitable supplier
* Placing order

2. Storing of materials
* Classification and codification of materials
* Keeping records of materials in Bin cards, store ledger and so on.

3. Issuing of materials
* Requisition form
* Pricing of materials issued
Email ThisBlogThis!Share to XShare to Facebook
Posted in | No comments
Newer Post Older Post Home

0 comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Popular Posts

  • Differences Between Piece Rate System And Time Rate System Of Wage Payment
    Following are the main differences between piece rate system and time rate system. 1. Meaning Piece rate system is a method of wage payment ...
  • Items included in the debit side of the trading account
    Followings are the items which are include in the debit side of the trading account 1. Opening Stock: Opening stock consists of raw material...
  • Preparation Of Cash Flow Statement
    The cash flow statement is prepared by showing inflows and outflows of cash from a major activities of a firm. The activities that result in...
  • Objectives Of Financial Statement Analysis
    The major objectives of financial statement analysis are as follows 1.Assessment Of Past Performance Past performance is a good indicator of...
  • Advantages And Disadvantages Of Fixed Installment Method Of Depreciation
    Advantages Of Fixed Installment Method Of Depreciation The main advantages of fixed installment method of depreciation are given below * Fi...
  • Difference Between Net Profit And Funds From Operation
    Following are the differences between net profit and funds from operation: 1. Meaning Net Profit: Net profit is the difference of total rev...
  • Concept And Meaning OF Storekeeper And Functions Of Storekeeper
    Concept And Meaning of storekeeper A manufacturing company appoints a person for careful storing and safeguarding materials in a store who i...
  • Differences Between Balance Sheet And Statement Of Affairs
    Following are the main differences between balance sheet and statement of affairs: 1.Basis Ba lance sheet is prepared on the basis of double...
  • Advantages And Disadvantages Of Reducing Balance Method Of Depreciation
    Advantages Of Reducing Balance Method Of Depreciation The main advantages of reducing balance method of depreciation are listed below * Red...
  • Advantages Of Profit And Loss Account
    The main advantages of profit and loss account are as follows: 1.Profit and loss account gives the actual information about net profit or n...

Blog Archive

  • ▼  2010 (178)
    • ►  October (2)
    • ►  September (7)
    • ►  July (49)
    • ►  June (37)
    • ►  May (36)
    • ▼  April (22)
      • Concept And Meaning Of Store Routing
      • Essentials Of Materials Control
      • Objectives Of Materials Control
      • Needs And Importance Of Materials Control
      • Concept And Meaning Of Materials control
      • Types Of Materials
      • Concept And Meaning Of Material
      • Concept Of Cash Flow From Financing Activities And...
      • Cash Flow From Investing Activities
      • Concept Of Cash Flow From Operaring Activities And...
      • Preparation Of Cash Flow Statement
      • Differences Between Cash Flow Statement And Funds ...
      • Importance Of Cash Flow Statement
      • Concept Of Cash Flow Statement And Its Objectives
      • Difference Between Net Profit And Funds From Opera...
      • Difference between Income Statement And Funds Flow...
      • Difference Between Balance Sheet And Funds Flow St...
      • Funds Flow Statement
      • Concept Of Statement Of Funds From Operations And...
      • Preparation Of Statement Or Schedule Of Changes In...
      • Preparation Of Funds Flow Statement
      • Concept of "Statement" In Funds Flow Statement
    • ►  March (7)
    • ►  February (11)
    • ►  January (7)
  • ►  2009 (33)
    • ►  December (8)
    • ►  November (14)
    • ►  October (11)
Powered by Blogger.

About Me

Unknown
View my complete profile