Methods of stock verification , Other Management

Assignment Help:

Methods

Following is a brief description of the prevalent methods of stock taking. 

Stock Verification by Accession Numbers:  The  accession numbers of the books from the shelves are read by one person and another person checks and tick marks the corresponding accession number in the register. When all the books in the  library and  out in circulation are checked in this manner, the unmarked accession numbers give us a list of lost books. 

This method is cumbersome and time consuming as the books on the shelves are arranged by class numbers. The use of accession register, which is a very important record also spoils. A  modified  method is to prepare and use a duplicate accession register. But then the task of preparing another duplicate accession register is  stupenduous and also involves unnecessary wastage of time, energy and money. 

Another simplified variant of this method is  to  prepare slips with only the accession numbers and use these slips for stock taking. Alternatively a register bearing only serial numbers in columns  in a page may be used. Numbers may be crossed out for books on the shelf. However both the methods may lead to malpractices since bibliographical detail cannot be verified in either of the two. However, this method may lead to malpractices; for example, a lost book may be replaced  by another cheap book with the same accession number, since bibliographical details are not provided. 

Numerical Counting Method: This is another simple method, wherein all the books on the shelves and the books out on loan are counted and tallied with the total number of books as per records. The comparison indicates the less of books in terms of only numbers. However, it does not reveal the particulars of the books and hence it serves only a limited purpose of stock verification, however, this method gives a rough idea of the extent of loss.  

Stock Verification by Shelf List Method: Maintenance of an up-to-date and accurate, shelf list is a pre-condition for this method of stock taking. Shelf list on cards is very flexible and facilitates speedy stock verification. The cards are taken to the  stack and call number of each book on the shelf is  read' by one person and another person either ticks it or takes out and keeps it in-.another tray. Otherwise the cards  of missing books' can be removed and kept it in another tray. Otherwise the cards of missing books can be removed and kept separately. This is an easy, simple and quick method. The trays containing the shelf register cards can be distributed among a number of persons and   simultaneous stock verification of  various sections of the stack is possible. Though time-consuming, this is a very  efficient method  of stock taking, and stock verification is also achieved in this method.


Related Discussions:- Methods of stock verification

Scope of materials handling, Scope of Materials Handling Materials han...

Scope of Materials Handling Materials handling is spread over to many different industries and fields of engineering. The followings table gives its broad application.

Write short notes on micro, Question 1 Define Entrepreneurship. What ar...

Question 1 Define Entrepreneurship. What are the types of entrepreneurs? Explain the importance of Entrepreneurship Question 2 Explain the entrepreneurial process in de

Kinds of library bindings, KINDS OF LIBRARY BINDINGS: Having got a bri...

KINDS OF LIBRARY BINDINGS: Having got a brief introduction to the processes of binding, lot us discuss the kinds of binding required for the different types of documents in a

Differentiate between planned change and unplanned change, Question: Fo...

Question: Forces for change exist in the external and the internal environments of the organisation. (a) Differentiate between planned change and unplanned change. (b)

Manufacturer''s authorization certificate, The Section ‘Instructions to Bid...

The Section ‘Instructions to Bidders' in the Bidding Documents for Procurement of Goods through Open Advertised Bidding is meant to guide the Bidders in submitting responsive bids

A structural model: domain, A Structural Model: domain, community and pract...

A Structural Model: domain, community and practice In spite of having a variety of forms which the communities of practice take a lot of basic structure is shared. A community

Briefly explain the responsibilities of the supervisor, The receiving and s...

The receiving and shipping department for WXS Inc. has the worst safety record in the company. Falling, lifting, impact injuries are common in this department. As the Director of W

Magic bullet theory, Problem 1 Explain how the magic bullet theory two...

Problem 1 Explain how the magic bullet theory two step flow theory and uses and gratifications theory differ in explaining how the mass media influence their audience. Pro

Human resource development-need and purpose, Need and Purpose The per...

Need and Purpose The personnel of an organisation play the most vital role by converting all the other  resources into tangible products and services.. Therefore attention to

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd