https://padlet.com/vj141100/nfam4nb2fudla6dh Made with a quick smile en-us 2020-10-12 09:53:32 UTC 2020-10-12 10:20:59 UTC hello@padlet.com vj141100 https://padlet.com/vj141100/nfam4nb2fudla6dh/wish/821214075 Store management is concerned with ensuring that all the activities involved in storekeeping and stock control are carried out efficiently and economically by the store personnel. In many cases this also encompasses the recruitment, selection, induction and the training of store personnel, and much more.]]> 2020-10-12 09:54:21 UTC https://padlet.com/vj141100/nfam4nb2fudla6dh/wish/821214075 vj141100 https://padlet.com/vj141100/nfam4nb2fudla6dh/wish/821215575 Store is an important component of material management since it is a place that keeps the materials in a way by which the materials are well accounted for, are maintained safe, and are available at  the time of requirement. Storage is an essential and most vital part of the economic cycle and store management is a specialized function, which can contribute significantly to the overall efficiency and effectiveness of the materials function. Literally store refers to the place where materials are kept under custody.]]> 2020-10-12 09:55:15 UTC https://padlet.com/vj141100/nfam4nb2fudla6dh/wish/821215575 vj141100 https://padlet.com/vj141100/nfam4nb2fudla6dh/wish/821217235 Typically a store has a few processes and a space for storage. The main processes (Fig 1) of  store are (i) to receive the incoming materials (receiving), (ii) to keep the materials as long as they are required for use (keeping in custody), and  (iii) to move them out of store for use (issuing). The auxiliary process of store is the stock control also known as inventory control. In a manufacturing organization, this process of receiving, keeping in custody, and issuing forms a cyclic process which runs on a continuous basis. The organizational set up of the store depends upon the requirements of the organization and is to be tailor made to meet the specific needs of the organization.]]> 2020-10-12 09:56:23 UTC https://padlet.com/vj141100/nfam4nb2fudla6dh/wish/821217235 vj141100 https://padlet.com/vj141100/nfam4nb2fudla6dh/wish/821219150 NAME: VAIBHAV JAIN
ROLL NO: 18E1179
CLASS: B.B.A. III-B
                              STORE MANAGEMENT]]> 2020-10-12 09:57:41 UTC https://padlet.com/vj141100/nfam4nb2fudla6dh/wish/821219150 vj141100 https://padlet.com/vj141100/nfam4nb2fudla6dh/wish/821221283

To ensure uninterrupted supply of materials without delay to various users of the organization.

To prevent overstocking and under stocking of the materials

To ensure safe handling of materials and prevent their damage.

To protect materials from pilferage, theft, fire and other risks

To minimize the cost of storage

To ensure proper and continuous control over the materials.

To ensure most effective utilization of available storage space

To optimize the efficiency of the personnel engaged in the store

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