Stockrecords, HR Management

Assignment Help:

STOCKRECORDS : As far as record-keeping is concerned, recording stock levels is likely to be most time-consuming. There are three kinds of record that are required. First is acquisition register where all purchases are entered. The second is stock register which reflect purchase, issue and active stock and the third one is laboratory indent register. The stock registers are maintained in stores. The sample of stock registers maintained in India is given below. One of the most important things to remember when you make a stock register is to count the pages and sign it. Here we have an example of stock level records of biology lab. If you are following numerical classification then you may have register no. 1 for chemicals, Register No. 2 for glassware, Register No. 3 for apparatus, Register No. 4 for biological material, Register No. 5 alcohol etc. Now each year you can have a fresh register but again in the next year you will have Register No. 1 for chemicals and so on.

In India audio-video aids and books are maintained as a part of departmental library. Whichever system you use, you should keep a list detailing stock kept in each lab, preparation room etc; from this you can draw up a "master" stock list of overall stock levels. Stock arriving or departing should be noted on both lists.

A separate register may be maintained for stock of rectified spirit, alcohol, lab Animal, radioactive material, poisons etc.

The time of year when you take stock will vary with your workplace.

However, it is likely that the official inventory will need to be made up at the end of each financial year, e.g. 31"' March.

The departmental stock records are probably best made up during a holiday or slack period. It is easier if two persons can take stock - one to count and one to record. Either file cards or a stock-book can be used to record stock levels in each lab/prep room/ storage area. File cards have the advantage that they are easier to keep in alphabetical order.

1245_STOCKRECORDS.png

Figure: Illustrate stock-book entries


Related Discussions:- Stockrecords

HRM, Ask queExecutive Interview Learners gain insight into effective HRM by...

Ask queExecutive Interview Learners gain insight into effective HRM by interviewing a practicing executive or entrepreneur who is responsible for recruiting, training and compensat

Describe the importance and purpose of a job description, Question: (a)...

Question: (a) Why does a business carry out interviews as part of the process of selecting staff ? (b) Name two tests that are sometimes also used in the selection p

HRM depends upon sound reward system, effective human resource management d...

effective human resource management depends upon sound reward system explain

What do you mean by reduced industrial unrest, Q. What do you mean by reduc...

Q. What do you mean by reduced industrial unrest? Reduced industrial unrest: industrial conflict is a struggle between two organized groups which are motivated by the belief th

Explain the implications of the statement on policies, Question 1: Jeff...

Question 1: Jeffrey Pfeffer (1998) wrote in his article on ‘Six dangerous myths about pay' in the Harvard Business Review: ‘People do work for money - but they work even more f

Radical changes in HRM, Discuss that technological breakthrough has brought...

Discuss that technological breakthrough has brought radical changes in HRM .

HRM, Effective Human Resources Management Depends Upon Sound Reward System ...

Effective Human Resources Management Depends Upon Sound Reward System Essays and Term Papers

FIVE STEP SELECTION PROCESS, HOW DO I DRAW A DIAGRAM SHOWING THE FIVE STEP ...

HOW DO I DRAW A DIAGRAM SHOWING THE FIVE STEP IN THE SELECTION PROCESS .

How may self-managed teams and groups be effective, Question 1: (i) Wh...

Question 1: (i) Why and how may self-managed teams and groups be effective? What makes them attractive and unattractive to management and to the individual employee? (ii)

Employment laws, In this module, you'll examine the layers of employee righ...

In this module, you'll examine the layers of employee rights, look at the role of HR professionals when there are potential legal issues, and become familiar with the HR Law Naviga

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