What is the role of Stock Control in requisition processing?

What is the role of Stock Control in requisition processing?

• A. To manage inventory levels only
• B. To approve requisitions before release
• C. To conduct inspections of equipment
• D. To replace DLRs directly

Answer: (B)

The role of Stock Control in requisition processing primarily involves the approval of requisitions before they are released. This function is crucial to ensuring that the items requested meet the necessary criteria and that the inventory is managed efficiently. By approving requisitions, Stock Control helps prevent unnecessary purchasing and maintains oversight of procurement processes, ensuring that only needed items are requested and that funds are appropriately allocated. Involvement in requisition approval also serves to verify compliance with established procedures and policies, ensuring that the requisitioning aligns with the operational needs and supply chain management strategies. This oversight contributes to maintaining a well-organized supply system and preventing excess stock or shortages. Other options, while relevant to inventory management and operational procedures, do not precisely define the core responsibilities of Stock Control in the context of requisition processing. Stock Control’s primary focus is on the approval aspect, which plays a key role in effective inventory management and requisition processing.

The role of Stock Control in requisition processing primarily involves the approval of requisitions before they are released. This function is crucial to ensuring that the items requested meet the necessary criteria and that the inventory is managed efficiently. By approving requisitions, Stock Control helps prevent unnecessary purchasing and maintains oversight of procurement processes, ensuring that only needed items are requested and that funds are appropriately allocated.

Involvement in requisition approval also serves to verify compliance with established procedures and policies, ensuring that the requisitioning aligns with the operational needs and supply chain management strategies. This oversight contributes to maintaining a well-organized supply system and preventing excess stock or shortages.

Other options, while relevant to inventory management and operational procedures, do not precisely define the core responsibilities of Stock Control in the context of requisition processing. Stock Control’s primary focus is on the approval aspect, which plays a key role in effective inventory management and requisition processing.