Sunday, September 9, 2012

Effective Role Played By Inventory Clerks In Business

If a company has inventories, the need for inventory clerks will definitely be felt as their responsibility includes tracking all the products including finished products, semi-finished products, stock kept as reserve for future use and scrap. Every product the company sells, every consumable item related to the manufacturing of the product and other office supplies are tracked by the inventory clerks.
Duties of inventory clerks
The responsibilities of inventory clerks include receiving inventories, maintaining records, keeping track of the demands and inventories in excess and many more. They play an effective role in the execution of orders and ensure a smooth production process.
  • Receiving inventories that come in is one of the important duties of inventory clerks. They need to have details regarding shipment of products ordered and once the shipment arrives, they need to ensure that they are properly stored.

  • Classification of inventories received is essential so that everything is in check. Once the material arrives, it has to be unpacked and labeled and in the process, damaged inventories could be identified.

  • Maintaining an inventory list is a very strenuous process as it has to have a complete detail of all the products in the company whether finished or unfinished, whether in good condition or a scrap. It is the responsibility of the clerks in the inventor's department to create and update inventory list.

  • With the advancement of technology, maintaining records has been made easier with computer software programs. However, physical count is essential to ensure that there is no room for mistakes. Apart from maintaining records in the computer, the clerks also physically count the stock and base their reports only after double verification.

  • By keeping track of inventories available, the clerks are in a position to know about the availability of a particular product. This helps them to order necessary by products and consumables to ensure uninterrupted production of goods.

  • Auditing is a very important quality of inventory clerks. Incoming inventory and outgoing inventory are to be audited by the clerks. Periodical analysis and comparative study of the inventories will greatly help to identify if the orders for products are in line with the demands.

  • In the companies that use inventory clerks at their effective best, have them in customer service as well. To satisfy their customers and honor their needs, these clerks interact with the clients to let them know about the products in stock and handle exchanges of items when the need arises.
Establish your name with inventory management
A business needs every aspect to be covered to ensure smooth functioning and inventory management as we saw, plays a crucial role. While hiring the services of clerks for maintaining your inventory, it is necessary to trust the job with safe hands. Your choice should be based on the type of inventories your business deals with and hence you could discuss in detail about your expectations and demands and hire a person who can quickly judge your market and your competitor's market. Unless one has the ability to make a comparative study, it would not be possible to identify the right path towards proper inventory management.

Wednesday, September 5, 2012

Hire An Asbestos Removal Company To Inspect Your Property

Take the time to learn about how exposure to asbestos can be hazardous to your health. You should also learn how to recognize the signs that you may need to have an asbestos removal service come and clean your home. The longer you are exposed, the higher the risk of you or someone you love developing mesothelioma, lung cancer, or some other serious medical condition. Even though many newly constructed buildings and homes are constructed with materials other than this harmful substance, there are still many buildings that were built with asbestos.
Many people tend to think that this substance was only used in ceilings. At one point in time, this material was used in the majority of construction materials. Flooring can contain this harmful product as well. If you live in an older home that was built before 1981, you need to have an asbestos removal service come out and inspect your home to rule out contamination. Certain flooring products such as vinyl, rubber and asphalt can contain the substance and pose a health hazard to anyone who is exposed. Certain flooring adhesives were manufactured with the substance and if you happen to notice black adhesive on your tiles and floors, you may want to have the floors checked out.
This fibrous material can also be found in insulation materials that were manufactured prior to 1981. When fibers deteriorate, the materials become hazardous. The particles can become airborne and if they are inhaled on a long-term basis, serious health issues can arise. You need to be on the lookout for deteriorating insulation materials so you can get the insulation replaced if it is deemed to be hazardous. You should also be on the lookout for paint that is peeling or chipped. Any wall surfaces that appear to be damaged also pose a threat. Dust that accumulates near insulation and exposed areas in the walls is often an indicator of a threat. Wherever there are signs of an asbestos problem, exposure is often unavoidable if the building is occupied. In order to increase the health of everyone who comes in contact with that environment and the safety of the building in question, an asbestos removal company needs to be contacted as soon as possible to alleviate the threat and minimize the risk of contamination and exposure.
If you or someone you know has been exposed to this substance, you may not notice any symptoms until many years after the time of initial exposure. There are some symptoms that can develop in the short term that can also alert you to the possible presence of this substance. If you start to experience sudden shortness of breath, coughing with a pattern, difficulty and pain swallowing, and pain in the chest, you need to be seen and treated by a medical doctor right away. Keep in mind that some of those symptoms can also signal there are other health concerns; however, getting diagnosed is the only way to know for sure whether or not you have ever been exposed. It is a good idea to have any building or home you are purchasing inspected by an asbestos removal company before you sign the papers.

Saturday, September 1, 2012

Why People Prefer to Invest in Pakistan Real Estate?

Pakistan has a vibrant real estate sector offering excellent prospects to locals and foreign property investors. Due to regional unrest in several countries of the world, foreigners consider Pakistan real estate a safer investment than their local property markets. Moreover, the opportunity to earn huge bucks and minimal restrictions for purchasing also make the evident reasons why people are always keen to invest in Pakistan property.
Many first class housing societies are being launched in Pakistan to guarantee comfortable, affordable, convenient and modern lifestyle for people living there. Societies like Bahria Town Lahore, Valencia Town, Central Park and Sukh Chain Gardens in Lahore make the top most examples in this regard. The quality lifestyles offered by these societies also lure people to invest in Pakistan property. Some other reasons include the following:
Slow but Steady Returns!
History shows real estate sector in Pakistan is recession proof, since it is one of those sectors which tremendously absorbed the effects of global financial crises and managed to offer stable returns even during bad times. Unfortunately after fast growth of the sector from 2001-2004, the property prices have been improving slowly over the last few years. This does not discourage investors because they know though the returns on realty investment are slow but quite safe and steady in Pakistan.
Hedge against Inflation!
Normally if rise in value of investment is less than the rise in the rate of inflation, it means your investment is losing value. The return on saving or fixed accounts is quite less in Pakistan as compared to the cost of inflation which people had to pay. They believe gold provides the best hedge against inflation but only a few know that property in Pakistan does the job better. There is nothing that fights inflation better than real estate. The all time high returns offset the effect of inflation and lead the investment towards growth.
'HALAL' Source of Income!
According to estimates, around 97% of the population in Pakistan is Muslim. In Islam income earned as an interest is 'haram'. The returns earned from saving accounts, fixed accounts and profits from stock trading are forbidden sources of income. A lot of investors, owing to their religious beliefs, are hesitant to earn income from forbidden sources and prefer investing in real estate. This is because rental returns from Pakistan property and capital gains on its sales make one of the purest forms of 'halal' source of income.
High Investment Liquidity!
Liquidity is the ability of investment as to how quickly it converts into cash. According to a report of the World Bank, Pakistan is facing a serious housing shortage. The annual unmet demand remains around 1.5 million for housing units and average occupancy rate per house is around six. This is why demand of property especially in posh housing schemes like DHA and Bahria Town Lahore remains all-time high. Investors know they can liquefy their investment anytime when they need cash since the realty market remains crowded with property buyers in Pakistan.
Property Tax Exemptions!
The favourable property tax policy in Pakistan also encourages investors to invest in Pakistan realty sector. Capital gains or losses on sale of property are tax free but subject to tax if sale and purchase is carried out as a business activity. Rental income is taxable but tax brackets are quite favourable. Rental income tax is applied to gross value of rent and tax brackets are subject to change from time to time according to policy of government. Moreover, on inherited property there is no tax.