Bin Card and Stock Control Card.

Q27. Distinguish between bin card and stock control card.
Ans.

Bin Card: It is kept in each bin separately. It contain the description of material, reorder level, minimum level, receipt, issue and balance of quantity in bin. In such card, there is four column viz. Date, receipt, issue and balance.

Its Advantages are as follows:

  1. Less chance of mistakes in recording of transaction.
  2.  Effective control on stock as spot comparison of stock.
  3. Easy identification of material.

Its Disadvantages are as follows:

  1.  Records are dispersed.
  2.  Card become smeared after some time.
  3.  People making entries are generally not suitable to clerical work.

 

Stock Control Card: There is no difference in bin card and stock control card in respect to its composition. Only difference is that these are kept in a cabinet or tray rather than in each bin separately.

Its Advantages are as follows:

  1. Record found in a more compact manner.
  2.  Clean and meet record.
  3. Overall idea about stock at one place.

Its Disadvantages are as follows:

  1. No sport comparison of material.
  2. Difficulty in physical identification of material.

Leave a Reply

Your email address will not be published. Required fields are marked *

%d bloggers like this: