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OFFICE PROCEDURES: STORE

CONTENT

  1. Meaning of Store and Types of Goods in the Store
  2. Store Records: Meaning of Store Records and Types of Store Records
  3. Importance of Store Record
  4. Procedures for Store Procurement
  5. Stock Taking: Meaning and Importance of Stock Taking

 

Meaning of Store

A store is a place where goods are kept for future use. The goods here may be raw materials, spare parts, tools, semi-finished goods or finished goods

Store Records

Store records are documents that help an organization to determine the quantity of goods available in the store. They also help the organization to know the materials that have been issued out or used and those that have not been used. The stock department is responsible for safe keeping of the stock of either raw materials or finished goods.

Types of Store Records

A number of documents used in the stock department include:

  1. Stores requisition form
  2. Stock card
  3. Purchase requisition form
  4. Delivery Note
  5. Gate pass

Stock Requisition Form

The form is used when collecting goods from the store.

Lesson tags: Business Studies Lesson Notes, Business Studies Objective Questions, JSS3 Business Studies, JSS3 Business Studies Evaluation Questions, JSS3 Business Studies Evaluation Questions First Term, JSS3 Business Studies First Term, JSS3 Business Studies Objective Questions, JSS3 Business Studies Objective Questions First Term
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