Material Cost Question:
Tell me what can be the discrepancies in material receipt?
Answer:
There are two categories of material discrepancies:
First category includes-
-Quantity received in excess
-Quantity received in short
-Quantity damaged
-Receipt of incorrect quantity of material.
These discrepancies are normally caused by the transportation system.
Second category includes – Discrepancies in quality of material supplied.
These discrepancies are caused by the manufacturer.
First category includes-
-Quantity received in excess
-Quantity received in short
-Quantity damaged
-Receipt of incorrect quantity of material.
These discrepancies are normally caused by the transportation system.
Second category includes – Discrepancies in quality of material supplied.
These discrepancies are caused by the manufacturer.
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