Receiving: Stores receives incoming materials and products from outside sources, such as suppliers and customers. This process includes inspecting the materials for quality and checking for any abnormalities.
2. Stores Section: Stores is responsible for maintaining the organisation's inventory of goods and ensuring that the correct amounts of each product are available at all times. In addition, it will sometimes organise the purchase of new items or coordinate with other departments to ensure an optimal stock level for the company.
3. Issue Section: The issue section is responsible for issuing stock to different sections of the company, such as production, sales, and marketing. It also ensures that products are branded properly and meets customer requirements.
4. Accounting Section: The accounting section is in charge of calculating profits and losses, providing reports to management, and preparing budgets. It coordinates with financial departments to make sure that transactions are accurate and efficient.
5. Stock Taking or Checking: Stock taking or checking is a periodic