Railway Accounts Department Examinations

Showing posts with label Material Management. Show all posts
Showing posts with label Material Management. Show all posts

Monday, July 24, 2023

Classification of Stores

 


Classification of Stores

Features 

Ordinary

  • In General - Regular Turnover & constant Demand 

Emergency

  • To meet Emergencies -Occasional Demand -  Not readily available in the Market - Do not ordinarily wear out - Not require Renewal

Surplus

  • Moveable Surplus - Not issued in past 24 months - Likely Demand in next 24 Months (initially declared as Moveable Surplus)


  • Dead Surplus - Not issued in past 24 months - Not likely demand in next 24 Months. 

Special

  • Required for Works & Special Purposes (other than Operation/Maintenance/Repairs) 


  • Normally, such stores are directly dispatched to the Executives (without stocking in Depot)

Custody

  • For Special works and charged for such works 


  • But keep with the Stores Department for safe custody 


  • Maintains numerical records by Stores Dept.  


  • Example: Items obtained by the Mechanical Dept for construction of Rolling Stock

Inactive

  • Items that had no issues for the last 12 months

Imprest 

  • Standing advance of items to meet day-to-day operation/maintenance/repairs.   


  • Charged off to Revenue Working expenses Final Heads


  • Supervisors such as SSE, Signal Inspector, IOW, etc are allowed to maintain the Stock Imprest of nominated stores. 


  • The limits up to which stocks are to be kept - 2 to 3 months of consumption. Examples: Consumable Stores like Cotton waste, oil, grease, etc.