F2-Chapter6-余.pptVIP

Chapter 6 Material What is inventory control system ICS for material in turning ICS for material in stock 1/3 What Is Inventory Control 1.1 Definition（inventory, stock） Inventory: Current asset + tangible (physical) asset Four categories of stocks It is divided into two categories in our country, for sale and for use 1.2 Why we need a stock control system 50% of 50% Turning and turning Used by all departments 1/3 What Is Inventory Control 1.3 What is the stock control system It should cover the following function ordering ? purchase ? receipt ? storage ? issue This chapter will concentrate on an ICS for materials, but similar problems and considerations apply to all forms of inventory. 2.1 Control activities in ordering, receiving issuing Proper records must be kept of the physical procedures for ordering and receiving a consignment of materials to ensure That enough inventory is held. That there is no duplication of ordering. That quality is maintained. That there is adequate record keeping for accounts purposes. 2/3 ICS For Materials In Turning The possible consequences of a failure of control over ordering, receipt and issue of materials would be Incorrect material being delivered, disrupting operations Incorrect prices being paid Deliveries other than at the specified time (causing disruption) Insufficient control over quality Invoiced amounts differing from quantities of goods actually received or prices agreed …… 2/3 ICS For Materials In Turning 2.2 Documents used The store department………….. purchase requisition请购单 The purchasing department…….purchase order订购单 【The purchasing department…...quotation报价单】 The storekeeper……………….. delivery note提货单(发货单) The storekeeper……………….. goods received note收货单 The financial department……….settlement (pay)结算 Relevant departments…………...materials requisition note领料单 …………...transfer note转运单 ……………materials returned note退料单 2/3 ICS For Materials In Tu