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

Describe the term ‘industrial accident'', Question 1: (a) Describe the ...

Question 1: (a) Describe the term ‘industrial accident'. (b) What are the characteristics of industrial accidents? Question 2: Occupational Injury will be defined as

Problems of dds and role of internation organisation, PROBLEMS OF DDS AND R...

PROBLEMS OF DDS AND ROLE OF INTERNATION ORGANISATION: Copyright issues, non-availability of publications and restrictions imposed on the storage and delivery of documents elec

Change order management, Change Order Management In previous section we...

Change Order Management In previous section we learnt that incentives motivate and penalties keep a check for faults that occur in a project. In this section we will understand

Information and library network, INFLIBNET (Information and Library Network...

INFLIBNET (Information and Library Network)   The University Grants Commission (UGC) in its attempt to establish networking has taken the initiative and decided to develop a ne

Describe the different types of dynamic pricing models, Question 1: (a)...

Question 1: (a) Describe five main benefits of e-business to businesses, consumers, and society. (b) Using appropriate examples, describe the different types of dynamic pri

Director of a service sector organization, You have just been appointed as ...

You have just been appointed as Public Relations Director of a service sector organization and first assignment is to make a crisis communication plan. The subsequent elements s

Major types of validity, Major Types of Validity: Different aspects or...

Major Types of Validity: Different aspects or facets of  validity  questions are explained by  the type of validity, and number of  indirect and logical methods have evolved t

Show crisis management from a pr perspective, Question 1: Management ne...

Question 1: Management needs help when confronted by sudden crisis. It is required that crises be managed intelligently and forthrightly with the news media, Employees and the

User interface - value-added information services, The User Interface  ...

The User Interface  User interfaces are mechanisms built into information systems and services to enable the users to utilise these services in an effective manner. The interf

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