To standardize
work approach
To introduce best practice
Hofincons’ Standard
operating procedure (SOP) for Materials involves
reviewing and developing a materials functional procedure
for Procurement, Inventory-control, warehousing and
master data management.
Hofincons is a premier
consultancy organization that is continuously engaged
in keeping pace with international developments in the
field of materials management. With its varied experience,
SOP manual is developed that gives the operation guidelines
for all persons in the Materials Department. The defined
guidelines help smooth functioning of the department.
The SOP manual broadly covers
Policy, aims
and objectives
Functional procedures for Materials
Planning and controlling
Procedures for purchasing
Receiving, storing and handling
methodology
Custody procedures including maintenance
of records and accounting procedures for receipts
and issues at stores.
Procedure for store keeping and
preservation
Inspection methodology
System for handling direct charge
items
Stock control and replacement procedures
Transportation and materials handling
procedure
Management of project materials
Methodology for physical verification
and reconciliation
Procedure for handling damaged
materials
Disposal of scrap and obsolete
items
Material performance indicators
Delegation of powers
Management information reports
Benefits
Base document
for achieving international certifications like
ISO
Guiding tool for adopting right
procurement & inventory policies
Reference manual for catalogue
development
Tool for driving the warehousing
function
Reference document for inspection
and materials handling function
Organization
bible on materials management
Closure
Companies paying
constant, continuous and considerable attention towards
materials function especially manufacturing and process
industries such as oil, petrochemicals, textiles, steel,
cement and pharmaceuticals would be benefited by our
service.
