SOP of Left Over Records

The name of this SOP is Left over records summary and non moving items. Store in-charge is the responsible person of this SOP. He will report to Director / CEO / GM.

I will describe SOP of Left Over Records below:

Purpose:    

• To have proper records on all leftover material for better usage. 
• To segregate non moving items from the leftovers and plan different activities on those.

Scope:

• This procedure explains the step to be followed on handling leftover goods and non moving goods in order to eliminate waste.

Responsible:

• Stores In-Charge.

Procedure:

• Stores shall maintain leftover records for every item in every style.
• Upon completion of issuing for each style, stores to count all the balances and close the ledger. 
• After closing of the ledger on each style the balance qty to be updated to the leftover summary report. 
• Left over summary report to be submitted to the management every month.
• Usable and none usable items to be separately mention at the leftover summary report. 
• Usable items to be updated to the Merchandising and Purchasing Department in order to be for considered for future purchases. 
• Unusable and non moving items to be considered for selling or move from the stores. 

Benefit:         

• All leftovers will be use in proper way by eliminating waste.
• Certain cost of raw material can be reduced by reusing leftovers. 
• Inventories will be minimize.

Thank you for your patience reading. Please, Share this article with others. It will inspire me to write more about SOP.

Wear a mask to save lives. Clean your hands. Keep at a safe distance.