And storage is defined as the act of storing the

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Stores are defined as supplies of goods. And storage is defined as the act of storing the goods. Some people use the term store-keeping which has the same meaning as storage. In popular usage the term stores is used to cover all aspects of preservation of goods. i.e., building supplies and the act of storing. Stores or storage is the function of receiving, storing and issuing materials. It involves supervision or the clearance of incoming supplies, to ensure that they are maintained in good condition, safely and in readiness for use when required while they are in storage and issuing them against authorized requisitions. In short, it is connected with the physical handling and well-being of the stocks. It should be mentioned that stores is not meant for stocking purchased materials alone. Partly-finished goods, finished goods, spares, and consumables stores are also kept in stores. The emphasis here is on the storing of incoming materials. 19.2 FUNCTIONS OF STORES The functions of stores may be listed as follows: 1) To receive raw materials land account for them. 2) To provide adequate and proper storage and preservation to the various items. 3) To meet the demands of the consuming departments by proper issues and account for the consumption.
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234 4) To minimize obsolescence, surplus and scrap through proper codification, preservation and handling. 5) To highlight stock accumulation, discrepancies and abnormal consumption and effect control measures. 6) To ensure good housekeeping so that materials handling, materials preservation, stocking, receipt and issue can be done adequately. 7) To assist in verification and provide supporting information for effective purchase action. 8) In some companies, the store-keeping function includes salvaging and retrieval of materials, disposal of scrap and surplus. In smaller companies, the store department may be vested with the additional responsibility of inventory control and even purchasing. 19.3 STORES LAYOUT Stores Layout is a fundamental factor in determining the efficient performance of the department. The following factors deserve serious consideration, while planning for the stores layout. 1) Provisions for easy receipt, storage and disbursement of materials, nearness to point of use. 2) Minimum handling and transportation of materials, good accessibility for handling equipment, and personnel. 3) Adequate capacity provision for flexibility for future expansion. 4) Efficient utilization of floor space and height. 5) Clear identification of materials, quick location of items and ease of physical counting. 6) Protecting against waste, deterioration, damage and pilferage. 7) Design the buildings’ physical appearance to create goodwill and to invite business. 8) Arrange storage for fast and easy customer order processing. 9) Use compatible storage or display equipments to create good interior appearances.
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