A professionally managed Stores has aprocess and a space within, to receive the incoming materials (Receiving Bay),keep them for as long as they are not required for use (Custody) and then tomove them out of stores for use (Issue).

Ina manufacturing firm this process forms a cycle to maintain and run theactivities of Stores.

Thebasic responsibilities of stores are toact as custodian and controlling agent for parts, supplies, and materials, andto provide service to users of those goods.