THE CONCEPT OF STORE MANAGEMENT

Store refers to places where stock of raw materials or goods are kept before they are sold or dispatched to business which ordered for them

TOOLS FOR EFFECTIVE STORE MANAGEMENT
Stock cards. These were used to record stock received and issued in the store like wheat flour, cooking oil etc. .
Physical and stock counting. This was conducted on a weekly basis by the stores manager.
Stock reconciliation.

The business club updated and balanced all the records regarding what was in the store on the daily basis. Stock evaluation. This was also conducted weekly after stock counting to ascertain
the value of the stock counted.