Terms related to procurement - inward goods , Other Management

Assignment Help:

Inward goods 

The goods are delivered at the inward goods stores of the company/plant with necessary documents like delivery challans and suppliers invoice. These documents will have the details such as purchase order number, part number, quantity, unit price, total invoiced value, statutory duties and so on. Personnel operating inward goods stores accept the supplies after verifying that the entries in documents tally with the actual delivery of goods. They also conduct visual inspection of the same to ensure that the materials received are free from physical damages during transit. The supplies are subjected to inspection by quality department before they are accepted on records. In some cases, the goods are sent to user department for user acceptance. 

IG accounting 

The inward goods personnel accept the goods supplied on clearance by quality department and send report to purchase department. Discrepancies if any like short supplies, rejections in quality and so on are brought to the notice of purchaser, who promptly takes action to rectify. The goods are tagged for identification and are handed over to project group for storing.  


Related Discussions:- Terms related to procurement - inward goods

What is an attitude, QUESTION 1 Personal attitudes can have a key beari...

QUESTION 1 Personal attitudes can have a key bearing on how individuals function within organizations. Attitudes may reflect in either positive or negative behaviours (a) Wh

Persuasion, Persuasion When communication is your goal often is to pers...

Persuasion When communication is your goal often is to persuade the audience to get the message that you are conveying to them. Persuasion is connected to the feasibility of th

Reference service and literature search, Reference Service and Literature S...

Reference Service and Literature Search  A reference service, according to the A.l.A. Glossary of Library Terms, is "that phase of library work which is directly concerned wit

Challenges in quality improvement, C hallenges Quality improvement can...

C hallenges Quality improvement can create conflicting situations and could result in complications. Project team members may be disillusioned by the past failures. The past e

Introduction of syringe management, The project ‘Syringe Management Plan' i...

The project ‘Syringe Management Plan' is created to protect the community against misplace of syringe that causes accidental needle injury. This project is introduce as there is no

Important qualities and skills required of negotiators, QUESTION 1 Nego...

QUESTION 1 Negotiators are likely to make systematic errors while processing information. Discuss the cognitive biases that are likely to hold back the performance of negotiato

Explain how sms can be an excellent tool for crm, QUESTION 1 (a) What a...

QUESTION 1 (a) What are the four (4) Ps of the Marketing Mix? (b) Give brief description of each of the above in relation to the internet. (c) Describe how the Internet h

Analyse the scope of event management, Question 1 The role and scope of...

Question 1 The role and scope of event management is to deliver successful events. Analyse the scope of Event Management Question 2 Prepare a list of all the legal duti

Model of project management capability, M odel of Project Management Capab...

M odel of Project Management Capability Quality control may be defined as monitoring project results to determine if they conform to the related quality standards. Quality con

Passing of bills - document accessioning, Passing of Bills: The variou...

Passing of Bills: The various jobs involved in the Bill Passing Work are:  •  Checking •  Certifying  •  Passing  •  Transmitting  A,  serious risk involved  in

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