Learning Materials For Accounting, Management , Finance And Economics.

Wednesday, May 12, 2010

Concept And Meaning OF Storekeeper And His Functions

Concept And Meaning of storekeeper

A manufacturing company appoints a person for careful storing and safeguarding materials in a store who is called storekeeper. A storekeeper is a person who is the chief of stores and who is given the responsibility of store management. Storekeeper is responsible for safeguarding the materials and supplies in proper place until they are required for production activities. A storekeeper should be well-experienced, well-trained, honest and familiar with the tricks of store-keeping.

The main functions of storekeeper are as follows.

* Maintaining the proper record of materials relating to the receipt and issue of materials.

* Checking the physical quantity of materials and verify with a bin card.

* Preventing unauthorized entrance into the store room.

* Maintaining the stock registers, entering therein all receipts, issues and balance of materials.

* Checking and controlling losses due to evaporation, leakage, theft and so on.

* Arranging for physical verification of store items periodically.

* Keeping the store always neat, clean and tidy.

* Supplying information of materials, stock position and so on whenever needed.