Material Management - POOR STORES MANAGEMENT - Presentation, Study notes of Managerial Economics

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SYMPTOMS OF POOR

STORES

MANAGEMENT

SYMPTOM

 (^) (Greek word)  (^) a sign or indication of something.  (^) A characteristic sign or indication of the existence of something else.  (^) A symptom is subjective, observed, and not measured.  (^) any feature which is noticed.

Symptoms

SYMPTOMS OF POOR STORES

MANAGEMENT

 (^) Symptoms indicate whether the stores is poorly managed.  (^) Stores performance can be found by measurement.

Poor storage of chemicals



LAYOUT

 (^) Gangways too narrow  (^) Inadequate space  (^) Poor space utilization  (^) Excessive movement of material/personnel 

IMPROPER PROTECTION

 (^) bags of cement all soaking wet as cover sheet was not available/used.

PRESERVATION

 (^) Material getting deteriorated due to poor preservation  (^) Storage at wrong place leading to losses  (^) damaged and expired products.  (^) Evaporation/deterioration/loss of material

SMOKING/EATING IN

RESTRICTED AREA

INSPECTION

 (^) Piling material for inspection  (^) Too many items under inspection  (^) Inspection taking long time  (^) Poor inspection report format

MATERIAL HANDLING

 (^) Damage/ during handling  (^) Inadequate equipments eg Waiting for trolley  (^) Accident  (^) Improper equipment  (^) Excessive handling  (^) Delays

SAFETY/SECURITY

 (^) Frequent thefts/losses  (^) Poor safety provisions: door/locks/building  (^) Entry is not restricted  (^) No /lack of fire safety provisions

Symptoms of poor stores management

 (^) Delays in submitting data  (^) Data not up to date  (^) Stock data not tallying with physical verification  (^) Poor location

Symptoms

 (^) Store littered with debris,  (^) Items haphazardly scattered  (^) tracking and moving very difficult,