QMS provides the tools necessary for stock taking, reconciling the calculated "stock on hand" against physical stock, and tracking down stock discrepancies.
QMS calculates the stock at any location as follows:
Quantity of material delivered
Less Quantity of material sent out on movement
dockets
Plus Quantity of material accepted on movement
dockets
Equals Stock on hand at location
The total quantity of stock on hand for the project is summated from the stock on hand quantities at each location.
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