118 Mntrrwls and Their 1 1 ami I ing 



has already been counted will he shov. n by the 

 tag on it. When the inventory is complete all 

 material should have a tag. After the inventory 

 has been taken, the tags will be collected by check- 

 ers and sorted in numerical order to determine 

 that none are missing. The last tag used in each 

 department must be clearly marked "Last Tag, 

 No.." 



Precantiuu! II' hen Taking Inventory. In or- 

 der that the inventory may be taken as quickly 

 and accurately as possible, and the results tabu- 

 lated correctly, there are a few precautions which 

 should be observed. Not all of these fall within 

 the province of the foreman, but he should be 

 acquainted with them so as to give all necessary 

 cooperation. 



1. The head cost clerk should have general charge and 

 supervision of the inventory. The receiving department 

 should make the inventory of raw materials; the < 

 department should inventory the materials in process of 

 manufacture; and the stores department should take stock 

 of the finished products and supplies. 



2. Some time prior to the day when the inventory is to 

 be taken, every individual article, each group or class 

 of articles, and every bin containing material in stock 

 room, warehouse, or any other part of the plant must be 

 labeled or tagged. The tag must contain complete infor- 

 mation about the article; such as, name, mark, number, 

 weight or measure or size, quantity, cost, etc. 



3. The head of the cost department should issue the tags 

 mentioned in paragraph 2, and should take a written 

 receipt from each man to whom they are given in lots of 

 100 or more, consecutively numbered. These tags should 

 have duplicate carbonized slips attached to them, which 

 are to be torn off when the necessary data has been 

 written on them, and kept by the person responsible tor 

 the tags. This insures having a duplicate in case a tag 

 is lost. 



