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Storage Quality Measures
 Storage areas must be lockable
Provide Special room for Precious Storage
Use Perpetual Inventory Control
procedure
Respect Secure design (no window, strong
walls, ceiling..)
Good
Lighting and Monitoring might be needed
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Storage Security Measures
Rotate Food Stock
(Fifo)
Store food at adequate temperature
Clean Storage area
Provide
ventilation & Air circulation
TOP
Stock Turnover
The Stock Turnover Graph shows the number of times a
stock changes within a month. A high Stock Turnover is a sign of Freshness
| Monhs |
Opening |
Purchase |
Issuing |
Closing |
Average
Stock |
Stock Turnover |
| January |
$ 3,450 |
$ 11,800 |
$ 10,200 |
$ 5,050 |
$ 4,250 |
2,40 |
| February |
$ 5,050 |
$ 12,600 |
$ 11,500 |
$ 6,150 |
$ 5,600 |
2,05 |
| March |
$ 6,150 |
$ 12,825 |
$ 12,900 |
$ 6,075 |
$ 6,112 |
2,11 |
| April |
$ 6,075 |
$ 6,000 |
$ 12,000 |
$ 75 |
$ 3,075 |
3,90 |
| May |
$ 75 |
$ 12,500 |
$ 12,000 |
$575 |
$ 325 |
36,92 |
| June |
$575 |
$ 12,000 |
$ 12,575 |
$0 |
$ 288 |
43,66 |
| July |
$0 |
$ 12,000 |
$ 12,000 |
$0 |
$0 |
zero
stock |
Closing Stock = Opening + Purchase - Issuing
Opening Stock = Closing Stock from previous period
Average Stock = (Opening + Closing) / 2
Stock Turnover = Issuing / Average Stock
The number of days a product stays in the storeroom within a month
can be
calculated : 30 / Stock Turnover ( 12,5 for January)
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