function of Material-Management

Jun 28th, 2015
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Abilene Christian University
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CONTENTS • Why stores Management • Introduction of the company visited. 1. Mega Rubber Technologies Pvt. Ltd. 2. Parle Products Private Limited. 3. Richie Laboratories Ltd.

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CONTENTS Why stores Management Introduction of the company visited.1. Mega Rubber Technologies Pvt. Ltd.2. Parle Products Private Limited.3. Richie Laboratories Ltd. The stores function. Stores organization. Stores building and stores layout. Stores identification systems. Receiving and Inspection. Storage and preservation procedures. Materials handling. Issue of materials from stores. Safety and security. Inventory control. Stores accounting and records. Recommendation to the companies visited. ConclusionWHY STORES MANAGEMENT? Raw material consumes maximum amount of the investment in a company. And highest amount of cost reduction can be done in this area only. Hence stores play a major role as far a company is concerned. And if this raw materials are not stored efficiently they will get deteriorate and there by causing big loss to the company. Hence in order to study stores in detail we thought of taking stores management as our topic.ABOUT MEGA RUBBER TECHNOLOGIES PVT. LTD.Location : Agarwal Udyog Nagar, Waliv, Vasai Road

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