Material Management - 2018-19

Material Management  - 2018-19

Source:  Year Book 2018-19

 

·         Total purchases - Rs. 62,134 Crores

 

Procured by	%
Zonal Rlys & PUs	63
Railway Board	36
Others	1

 

·         Total Number of Depots - 262

 

·         Total Number of items stocked - 1.3 Lakh

 

·         Scrap Sales - Rs. 4192 Crores

 

·         E-Procurement started in the year 2010-11

 

·         Single Web portal IREPS - Indian Railways Electronic Procurement System -   for Goods, Services, Works, Earning, Leasing & Sale of Scrap

 

·         IREPS - आपूर्ति - (Apoorthi) Android app  - enables access to useful information at one go.

 

·         System of Lot Publishing, instead of traditional catalogue publishing, has been rolled out for re-Auction in January, 2019.  This has made paradigm shift in the method of disseminating information pertaining to the available scrap for sale to prospective bidders in a transparent manner.

·         Common use Goods and Services available on GeM are reserved for procurement through GeM portal ( Government E Marketplace

Turn Over Ratio - TOR

 

·           Meaning: Ratio of Stores Balances at the end of financial year to Total issues during the year.

 

·         Formulae = Stores Balances as on 31st March/Total Issues during the year x 100

 

·         Stores Balances = Stores in stock + Stores in Transit + Purchase Suspense + Sales Suspense + Stores Adjustment Account

 

·         Calculated separately with fuel and without fuel

 

·         Expressed in Percentages

TOR	2014-15	2017-18	2018-19
Without Fuel	15	10	9
With Fuel	-	8	6

 

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