Railway Accounts Department Examinations

Showing posts with label Material Management. Show all posts
Showing posts with label Material Management. Show all posts

Friday, October 25, 2024

Covered Dues Vs Uncovered Dues in Stores

 


Covered Dues Vs Uncovered Dues in Materials Management 



Covered Dues

Uncovered Dues

Previous recoupment / Estimate sheets were covered by POs. - Purchase Orders, but the materials have not been supplied by the Firms

The previous recoupment sheet was not or partially covered by the PO - Purchase Order.

Outstanding quantities against all live POs - Purchase Orders

Outstanding quantities for coverage against the Previous Recoupment sheets


Monday, October 21, 2024

Spot Purchases - Stores

 

Spot Purchases - Stores

Definition:  Spot purchases are made on the spot without following the formal tendering process. It involves calling for offers through a physical visit by nominated officers to the premises of the firm.

Approval Levels


Approval by 

Limits

Stock Items

Non Stock items

Up to Rs. 25 Lakhs

PCMM

PHOD (concerned Dept)

Above Rs. 25 Lakhs

GM

GM


SPC - Spot Purchase Committee  - Level of Officers

Limits

Stores Dept

Indenting Dept

Accounts Dept

Up to Rs. 5 Lakhs

STS

STS

STS

Rs. 5 Lakhs to Rs. 40 Lakhs

JAG/SG

JAG/SG

JAG/SG

Above Rs. 40 Lakhs

SAG

SAG

SAG


  • Whenever STS is not available, JTS will be nominated as Member with the approval of GM

  • JTS stands for Junior Time Scale Officer 

  • STS stands for Senior Time Scale Officer

  • JAG stands for Junior Administrative Grade Officer

  • SG stands for Selection Grade Officer

  • SAG stands for Senior Administrative Grade Officer

Monday, September 16, 2024

Abbreviations - Stores


Abbreviations - Stores Department


SN

Abbreviation / Acronym

Stands for


AAC

Average  Annual Consumption  / Anticipated  Annual Consumption


ACASH

Association of Corporation and Apex Societies of Handlooms


ADMM

Assistant Divisional Material Manager


ADRS

Additional Director  Railway Stores


AIS

Advance Intimation sheet


AIS &ES

Advance Intimation sheet  &  Estimate  sheet


AMM

Assistant Material  Manager


AMRS

Additional Member Railway Stores


ASTM

American Society of Testing Material


BAR

Book Average Rate


BDL

Below Danger Level


BS

Buffer Stock


BSS

British Standard and Specification


BT

Bulletin Tender


CDMS

Chief  Depot Materials   Superintendent


CIF

Cost Insurance and Freight


CIRO

Centralized Inspection Receipt Order


CMM

Chief Materials  Manager


CP

Contract Period


DC

Denial Clause


DDO

Direct Demanding Officer


DDRS

Deputy Director Railway Stores


DGS & D

Directorate General of Supplies & Disposal


DGTD

Director  General of Technical Development


DMI

Director of Metallurgical Inspection


DMM

Divisional Material Manager


DMS

Depot Material  Superintendent


DO

Delivery Order


DOI &DMI

Director of Inspection and Director of Metallurgical Inspection


DP

Delivery Period


DQA

Director of Quality Assurance


DRR

Daily Receipt Register


DSC

Digital Signature Certicate


DSS

Depot Stock Sheet


DT

Depot Transfer


Dy.CMM

Deputy Chief Material  Manager


EDRS

Executive Director  Railway Stores


EMD

Earnest  Money  Deposit


EOQ

Economic Order Quantity


ERM

Emergency  Recoupment Memo


FAS

Free Along Shore


FDP

Free Delivery Period


FE

Foreign Exchange


FIFO

First In First Out


FOB

Free On Board


FOR

Free On Rail


FPRS

Firms Performance  and Registration Section


FSN

Fast moving,  Slow moving  and Non moving


GATT

General Agreement on Tariffs & Trade


GD

General Damages


GeM

Government electronic Marketplace


GST

Goods and Service  Tax


GT

Global Tender


HSN

Harmonized System of Nomenclature


IC

Inspection Certificate


IEEMA

Indian Electrical &  Electronics  Manufactures Associations


IMMS

Integrated Material Management System


IP

Interim Period


IREPS

Indian Railways Electronic Procurement System


IRS

Indian Railway Standards


IRSS

Indian Railway Stores Services


ISA

Inspector Of Stores Accounts


ISI

Indian Standards Institute


ISO

Indian Standard Organization


ISS

Indian Standard Specification


ITCC

Income Tax Clearance Certificate


ITI

Indian Telephone Industries


KVIC

Khadi & Village Industries  Commission


LC

Letter of Credit


LD

Liquidated Damages


LP

Local Purchase


LT

Limited Tender


M &  P

Machinery & Plant


MA

Modification Advice


MCDO

Monthly Confidential Demi-Official


MMIS

Materials  Management Information System


MMTC

Mineral Metal Trading Corporation


MODVAT

Modified Value Added Tax


MSME

Micro  Small & Medium Enterprises


MSOP

Model Schedule Of Powers


NAIR

National Academy Of Indian Railways


NLC

No Loss Certificate


NOC

No Objection Certificate


NRM

Normal  Recoupment Memo


NSIC

National Small Industries Corporation


NTC

National Textile Corporation


NTH

National Test House


PL Number

Price List Number


PAC

Proprietary Article Certificate


PCMM

Principal Chief Materials Manager


PD

Periodical Demand


PO

Purchase Order


POL

Petroleum , Oil  &  Lubricants


PVC

Price Variation Clause


PWB

Parcel way  Bill


QAP

Quality Assurance Programme


QMS

Quality Management System


RC

Rate Contract


RGC

Running Contract


RLO

Railway Liaison Officer


RMC

Railway Material Consignment


RO

Receipt order


RP

Reserve Price


RR

Railway receipt


SAB

Stores Account Branch


SAIL

Steel Authority of India Limited


SD

Security  Deposit


SF

Standard Form


SINT-DT

Stores -IN- Transit-Depot Transfer


SINT-P

Stores -IN- Transit-Purchase


SLT

Special  Limited Tender


SMM

Senior Material Manager


Sr.DMM

Senior Divisional Material Manager


Sr. MPS

Senior Manager Printing & Stationary


SSI

Small Scale Industries


T & P

Tools & Plant


TC

Tender Committee


TISCO

Tata Iron & Steel Company


TOR

Turn Over Ratio


UDM

User Depot Module


UL Number

Unified List Number


VED

Vital, Essential & Desirable


WRA

Warranty Rejection Advice