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Inventory Departments will follow these policies and procedures set by their Chief Legal Counsel, Mr. Lowell Bradford.
The Inventory Control Policy Statement is as follows:
It is the responsibility of Inventory department heads to assign a Barcode to all equipment and material in their possession. Each inventory department head is responsible for the equipment and materials purchased and assigned to his or her department. Inventory managers are also responsible for conducting quarterly inventory on the prescribed Inventory forms and will receive a quarterly inventory showing:
? Assigned Inventory number
? Serial Number
? Last known location
? Value of asset
In order to assure that Riordan Manufacturing inventory records are properly maintained so as to insure proper inventory control, all inventory managers are to use the proper forms...
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